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Fear Factor; The island's election is still anybody's race. But for the once-dominant KMT, the stakes couldn't be higher.(the Kuomintang party, Taiwan)

Newsweek International

| March 08, 2004 | Wehrfritz, George; Culpan, Tim | COPYRIGHT 2004 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: George Wehrfritz and Tim Culpan

The Kuomintang's message in Taiwan's upcoming presidential election is more cautionary than inspirational. A vote for the once-dominant party, dramatically tossed from power just four years ago, is a vote for economic growth, steady-handed governance and improved relations with China--or so goes the pitch. To illustrate the contrast with the ruling Democratic Progressive Party's passionate "Taiwan first" message (a not-so-veiled plea for permanent independence from the mainland), KMT strategist Ho Szu-yin cites an old adage about stock markets. "They're driven by greed and fear," he says. "In this election the DPP's demand ...

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