Taiwan reappoints most of cabinet in post-poll reshuffle
Reuters
Published Dec 05, 2014 02:27AM ET
Taiwan reappoints most of cabinet in post-poll reshuffle
TAIPEI (Reuters) - Taiwan put most of its cabinet ministers back to work in a minimal government reshuffle on Friday following a weekend election that trounced the ruling party, prompting the premier to quit and President Ma Ying-jeou to step down as party chief.
The Executive Yuan on Friday announced the new line up of ministers under Premier Mao Chi-kuo, who was named on Wednesday to replace Jiang Yi-huah. Mao was previously Taiwan's vice premier.
The ministers for Taiwan's key posts that deal with finance, defense and China policy were unchanged.
Taiwan appointed John C.C. Deng as the new economics minister. He was formerly a minister without portfolio under the Executive Yuan. Woody Duh, formerly the economics minister, is now a minister without portfolio.
Former premier Jiang resigned on Saturday after the ruling Kuomintang (KMT), struggling to convince voters of the benefits of the deeper ties with China, lost key posts in local elections island wide.
For the KMT, or Nationalist party, it was the worst electoral setback since 2000, when it lost power for the first time to the Democratic Progressive Party, which favors formal independence for the island Beijing considers a renegade province.
(Reporting by J.R. Wu; Editing by Nick Macfie)
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.