President William Lai Ching-te inaugurated for a third term in Taiwan.

Lai delivered a bold inauguration speech highlighting Taiwan's global importance.

He called on China to stop intimidation tactics and stressed the need for peace.

Lai expressed hope for China's cooperation to maintain peace.

Despite criticism and sanctions from Beijing, Lai is committed to defending Taiwan's sovereignty and democracy.

Plans include bolstering Taiwan's defenses through security imports and regional partnerships.

Lai aims to address internal divisions and potential military threats.

He seeks to unite Taiwan politically and ensure security and independence from external pressures, especially China.

Chinese state media provided sparse coverage of the inauguration and warned of a pessimistic outlook for cross-strait relations.