Taiwan Opposition KMT party win Parliamentary elections

Taiwan's central election commission has declared,on Saturday, the Nationalist KMT party along with its allies have won 86 parliament seats with absolute majority in the house of 113 seats,the Ruling Democratic party stood second with 27 seats.This has given KMT a clear chance to win Presidential election due on 22 March.

It is clear that people are yearning for change, after eight years of suffering," KMT presidential candidate and front runner Ma Ying-jeou told a press conference.

President Chen Shui-bian, hawkish Taiwan's independent identity from Beijing and the United States has proved fatal to him in this election.Chen, who campaigned tirelessly for his DPP, argued that Taiwan's separate identity is vital to its democracy, and warned voters that the KMT would sell Taiwan out to China if returned to power.

Chen said,"I am willing to shoulder all of the responsibility," a stern-faced Chen told a press conference, announcing he would resign as chairman of the Democratic Progressive Party with immediate effect.

Both parties were dogged by allegations of corruption in recent months, with Chen's wife on trial for misuse of public funds, his son-in-law convicted of insider trading and his Vice President Annette Lu indicted for graft.

Ma was last month cleared of graft and breach of trust charges, clearing the way for him to run for office, but prosecutors have decided to appeal the case to the Supreme Court.

"We understand that you have put your faith in us, but our joy should last for only one night," the KMT's Wu said with other party leaders at his side, including Ma.

"I promise we will not abuse the power of the majority but we will use it to stabilise society and unite people, and we will respect the minority in parliament."

A win for the KMT in both the legislative and presidential elections may end years of political gridlock on this island of 23 million people.

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