Taiwan's opposition accepts chair's resignation

Election result a mandate to continue on current path of peace and prosperity

BEIJING - Taiwan's major opposition party accepted the resignation of its chairwoman, Tsai Ing-wen, on Monday, following her defeat in Saturday's leadership election.

Tsai will analyze her failure, complete a report on the Democratic Progressive Party's (DPP) continued reform and transformation, and tour the island to thank her supporters, before her resignation takes effect on March 1, a DPP spokesman said.