In Taiwan, the ruling Democratic Progressive Party (DPP) suffered a severe defeat in the recent midterm municipal elections, forcing the party leader and current President of Taiwan, Tsai Ing-wen, to resign as party chair, as well as top officials such as Premier William Lai and Secretary-General to President Chen Chu. The concurrently held referendum on a number of social issues saw a mobilisation of conservative votes. However, beneath the surface of this seemingly expected swing back to the opposition Kuomintang (KMT), the ongoing capitalist crisis of Taiwan is preparing a new phase of class struggle.