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Taiwanese President-elect Lai Ching-te is set to take office on Monday, with a focus on de-escalating tensions with China and strengthening Taiwan's relationship with the United States. Lai's inauguration has raised concerns about how China will react, given his history of advocating for Taiwanese independence. The U.S. has expressed support for Taiwan and is aligned with the country on economic issues and trade negotiations. Lai will also have to address domestic challenges, including economic stagnation and an aging population. With Taiwan's political landscape in flux, Lai's approach to foreign policy and relations with China will be closely watched.