Taiwan President Ma steps down as Nationalist Party chairman following local election losses

December 3, 2014 7:45 AM

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Taiwan President Ma steps down as Nationalist Party chairman following local election losses

Taiwan's President Ma Ying-jeou bows as he tenders his resignation as chairman of the ruling Nationalist Party following its major defeat in island-wide local elections at the party headquarters in Taipei, Taiwan, Wednesday, Dec. 3, 2014. China called on Taiwan on Wednesday to stay the course of deepening exchanges between the sides after a stunning electoral defeat for the island's ruling pro-China Nationalist Party. (AP Photo/Wally Santana) (The Associated Press)

Taiwan's President Ma Ying-jeou, center, shakes hands with party members after tendering his resignation as chairman of the ruling Nationalist Party following its major defeat in island-wide local elections at the party headquarters in Taipei, Taiwan, Wednesday, Dec. 3, 2014. China called on Taiwan ...

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