Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Explainer-Taiwan's recall elections and how the process could play out
    Headlines

    Explainer-Taiwan's recall elections and how the process could play out

    Explainer-Taiwan's recall elections and how the process could play out

    Published by Global Banking and Finance Review

    Posted on July 22, 2025

    Featured image for article about Headlines

    TAIPEI (Reuters) -Around one-fifth of Taiwanese lawmakers, all from the main opposition party the Kuomintang (KMT), face a recall election on Saturday that could reshape the legislature and present an opportunity for the ruling Democratic Progressive Party to regain its majority.

    Here is what the recall vote - the largest ever in Taiwan - is about and how the election could play out.

    WHAT IS A RECALL ELECTION?

    Recalls are a constitutional right in Taiwan, but can only be initiated after the first year of a representative taking office. At least 10% of registered voters in a constituency must sign a petition for the recall, and the names on that petition must be validated by Taiwan's election commission.

    WHO NOW CONTROLS TAIWAN'S PARLIAMENT?

    While Lai Ching-te won the presidency last year, his DPP lost its parliamentary majority, leaving the KMT and the much smaller Taiwan People's Party with the most seats, which they have used to pass legislation the government opposed and to impose swingeing budget cuts and spending freezes.

    The KMT, the TPP and their allies have 62 of parliament's 113 seats, while the DPP holds the remaining 51.

    WHAT IS THE RECALL VOTE ABOUT?

    Civic groups, who pushed the recalls against the KMT lawmakers, say the party has acted against Taiwan's interests and on behalf of China to cut spending, especially the defence budget, and tried to give parliament too much power to weaken Lai's ability to govern.

    They have termed the vote an "anti-communist" movement, referring to China's ruling party which has stepped up military and political pressure against Taipei over the past five years, saying KMT lawmakers are too close to Beijing.

    The KMT, which strongly denies being pro-Beijing but whose lawmakers regularly visit China, says it is simply exercising its constitutional right - backed by voters - to supervise the government, tackle real-world problems including low pay, cut waste and expose incompetence.

    The KMT says its outreach to China, which views separately governed Taiwan as its own territory, is needed to keep lines of communication open given Beijing won't talk to Lai and his government, believing they are dangerous "separatists".

    The KMT says it is a "malicious recall" and has gone into full election mode urging people to vote "no" and prevent the DPP from gaining full control over all the organs of government and engaging in "dictatorship", effectively ignoring the results of last year's parliamentary election.

    WHO IS FACING RECALL?

    Civic groups began a public petition campaign earlier this year to recall a swathe of KMT and DPP lawmakers, but only the KMT recalls gathered enough valid signatures to proceed.

    A total of 24 KMT lawmakers face recall on Saturday, while ballots over seven other KMT lawmakers happen on Aug. 23.

    If the KMT lawmakers lose their seats, by-elections will take place within three months. The KMT can stand again, with different candidates, and may well win back any seats lost. Some of the KMT lawmakers facing recall are in any case already in very safe constituencies.

    Before the by-elections, and if enough KMT lawmakers lose their seats, the DPP could effectively gain back its majority even if only for a few weeks, allowing them to pass legislation and spending plans the KMT has opposed.

    For the recalls to be successful, the number of votes approving the measure must be more than those opposing it, and also exceed one-quarter of the number of registered voters in the constituency, so turnout will be important.

    WHAT HAS PRESIDENT LAI AND HIS GOVERNMENT SAID ABOUT THE RECALLS?

    While senior DPP officials have been active on the campaign trail since the recalls were formally approved last month, the recalls were all initiated and are being run by civic groups.

    Lai last month urged party members to actively back the recalls, but he has not directly gone out campaigning.

    (Writing by Ben Blanchard; Editing by Lincoln Feast.)

    Related Posts
    Zelenskiy says Russia must be held responsible for 'crime of aggression'
    Zelenskiy says Russia must be held responsible for 'crime of aggression'
    BBC says it will fight Trump lawsuit over edited speech
    BBC says it will fight Trump lawsuit over edited speech
    Kremlin says Christmas ceasefire proposed by Ukraine depends on reaching peace deal
    Kremlin says Christmas ceasefire proposed by Ukraine depends on reaching peace deal
    Dassault Aviation CEO unsure if FCAS fighter will go ahead
    Dassault Aviation CEO unsure if FCAS fighter will go ahead
    Europe's leaders and laggards in electric vehicle sales
    Europe's leaders and laggards in electric vehicle sales
    EU members bordering Russia push for enhanced security at Helsinki meeting
    EU members bordering Russia push for enhanced security at Helsinki meeting
    Netherlands will host International Claims Commission for Ukraine, minister says
    Netherlands will host International Claims Commission for Ukraine, minister says
    EU to extend carbon border levy to new products, drafts show
    EU to extend carbon border levy to new products, drafts show
    Plan to build church for war dead in city park sparks rare protest in Russia
    Plan to build church for war dead in city park sparks rare protest in Russia
    Polish student detained over suspected Christmas market attack plot
    Polish student detained over suspected Christmas market attack plot
    China lowers EU pork tariffs in final ruling after 18-month probe
    China lowers EU pork tariffs in final ruling after 18-month probe
    European defence stocks slide amid progress in Ukraine peace talks
    European defence stocks slide amid progress in Ukraine peace talks

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    App developers urge EU action on Apple fee practices

    App developers urge EU action on Apple fee practices

    Kering sells majority stake in New York property in $900 million deal 

    Kering sells majority stake in New York property in $900 million deal 

    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports

    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports

    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor

    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor

    Human‑wave attacks and drones: How Myanmar's junta is fighting back

    Human‑wave attacks and drones: How Myanmar's junta is fighting back

    EU to yield on combustion engines ban after automaker pressure

    EU to yield on combustion engines ban after automaker pressure

    US suspends technology deal with Britain, FT reports

    US suspends technology deal with Britain, FT reports

    Taiwan's global credibility on the line with disputed laws, president says

    Taiwan's global credibility on the line with disputed laws, president says

    Trump seeks up to $10 billion in damages from BBC over editing of January 6 speech

    Trump seeks up to $10 billion in damages from BBC over editing of January 6 speech

    Europe to launch international commission for Ukraine war damages

    Europe to launch international commission for Ukraine war damages

    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi

    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi

    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate

    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate

    View All Headlines Posts
    Previous Headlines PostTaiwan, EU both face threats of 'external infiltration', president tells European lawmakers
    Next Headlines PostChina rallies for opposition as Taiwan gears up for mass parliamentary recall