BEIJING, CHINA - AUGUST 21: (CHINA OUT) A downtown construction site is seen on August 21, 2006 in Beijing, China. Chinese stocks listed on the mainland and in Hong Kong may decline after the central bank raised interest rates to cool an investment boom in the world's fastest-growing major economy. The People's Bank of China raised the one-year lending rate 27 basis points to 6.12 percent, according to an August 18 statement. The one-year deposit rate was increased by the same amount to 2.52 percent, according to state media. (Photo by China Photos/Getty Images)

(L-R) Lai Ching-te, presidential candidate from the ruling Democratic Progressive Party (DPP), Hou Yu-ih, presidential candidate from the main opposition Kuomintang (KMT), and Ko Wen-je, presidential candidate from the opposition Taiwan People’s Party (TPP), pose for a picture during a debate in Taipei on December 30, 2023. (Photo by Pei Chen / POOL / AFP)