Taiwan ruling party's Chu concedes defeat in presidential election

Taiwan's ruling Nationalist Party (KMT) chairman Eric Chu bows in front of the party supporters in Taipei on Jan. 16, 2016, conceding defeat to Tsai Ing-wen of the pro-independence Democratic Progressive Party in the island's closely watched presidential election. Chu also announced his resignation as party chairman. (Kyodo) ==Kyodo

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