Ruling-party candidate Lai Ching-te wins Taiwan's presidential election

Ruling-party candidate Lai Ching-te has emerged victorious in Taiwan's presidential election, and his opponents have conceded after ballots were cast at thousands of polling stations in a tight three-way race. 

The result in Taiwan's presidential and parliamentary election will chart the trajectory of relations with China over the next four years. At stake is the peace and stability of the 110-mile-wide strip of water between the Chinese mainland and the self-governed island, which is claimed by China as its own. China had previously called the election a choice between peace and war. 

Lai is the vice president of the island's governing Democratic Progressive Party, or DPP.