Taiwan’s political pendulum is reversing. The government led by Democratic Progressive Party’s (DPP) William Lai Ching-te is increasingly discredited, not least for selling out the jewel of its semiconductor industry to the United States under pressure from President Donald Trump. The Legislative Yuan is controlled by the opposition led by the Kuomintang (KMT). Party politics is now institutionalised into a sustained confrontation between the island’s presidency and its legislature. Now, budgets...