Paraguayan conservative economist Santiago Pena, 44, won the country's presidential election on Sunday, tightening the ruling Colorado Party's political grip in the country and defusing fears about the end of diplomatic ties with Taiwan.
Pena, who has pledged to maintain Paraguay's long-standing Taiwan relations, had 42.7% of the vote with 99.9% of ballots counted, a more than 15-point lead over center-left rival Efrain Alegre, who has argued for switching allegiance to China.
