The People’s Republic of China (PRC) had explicitly warned the Taiwanese voters against Lai Chin-te and depicted him as a risk to their interests with immediate intention of declaring independence.
The candidate of Taiwan’s Democratic Progressive Party, however, is elected to take office and will be inaugurated in May. The persistent difference in perspectives raises concerns about potential tensions in cross-strait relations and the status quo.

This paper aims to analyze the economic impact of the Taiwan Strait tensions on ASEAN economies under two scenarios of escalation vis-à-vis a maintenance of the status quo: China quarantining Taiwan or China invading Taiwan.