News Snapshot:
Taiwan will ring in the new year with an election to decide its next president, as well as its legislature, on January 13. How the self-ruling island deals with China is a central theme of the campaign — Communist China has never ruled there, but still claims it as its territory and refuses to rule out a military attack. If Taipei’s pro-independence Democratic Progressive Party secures another victory, there is a risk that Beijing could escalate its military threats, potentially involving the US and regional allies.