Editing James Soong (section)

===Rise of Lee Teng-hui===
Upon Chiang Ching-kuo's death in 1988, Soong was seen as instrumental in consolidating the power of the new president, [[Lee Teng-hui]]. Soong was part of the Palace Faction ({{lang-zh|labels=no|t=宮廷派}}) that included Chiang loyalists such as [[Hau Pei-tsun]] and [[Lee Huan]] and which sought to limit Lee Teng-hui and his native Taiwanese faction's role in the government. During the [[Standing Committee of the Central Committee of the Kuomintang|KMT's central standing committee]] on the day of Chiang's funeral, when the Palace Faction sought to delay Lee's accession to the party chairmanship, Soong unexpectedly made an impassioned plea in favour of Lee, declaring that "Each day of delay is a day of disrespect to Ching-kuo." He also made a veiled criticism of [[Soong Mei-ling]] (no relation), implying that she had returned to Taiwan after her stepson's death to try to reassume power.{{citation needed|date=February 2022}}

Soong established himself as one of the few mainlanders who were also loyal to Lee. In support of Soong, Lee coined the term "New Taiwanese" to describe a person born in mainland China, raised in Taiwan, who calls Taiwan home. Lee moved swiftly to promote Soong to KMT Secretary-General, a position Soong held from 1989 to 1993. In 1993, Lee appointed him Governor of [[Taiwan Province]].{{citation needed|date=February 2022}}

In June 1993, Soong opened a Credit Suisse account, three months after he had stepped down as KMT secretary-general, and it closed in 2010. In 2007 he held over 13 million Swiss francs in it, which is incompatible by his official salary as a public servant.<ref name="lemonde">{{Cite news |last=OCCRP and LeMonde |date=2022-02-21 |title=Leading Taiwan Politician Had Secret Credit Suisse Account At Time Of Major Defense Corruption Scandal |language=en |url=https://www.occrp.org/en/suisse-secrets/leading-taiwan-politician-had-secret-credit-suisse-account-at-time-of-major-defense-corruption-scandal |access-date=2022-02-23}}</ref> The account is one of a number of things which have led to implications of his involvement in the [[Taiwan frigate scandal]].<ref>{{cite web |last1=Gibson |first1=Liam |title=Taiwan's People First Party defend founder Soong, rebuke corruption allegations |url=https://www.taiwannews.com.tw/en/news/4455184 |website=taiwannews.com.tw |date=25 February 2022 |publisher=Taiwan News |access-date=27 February 2022}}</ref>