Ruled out as KMT candidate in Taiwan polls, Foxconn owner Terry Gou stays mum on plans

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TAIPEI(BLOOMBERG, REUTERS) - Taiwan's main opposition party snubbed billionaire Foxconn owner Terry Gou and chose a political outsider as its best hope of returning to power in next year's presidential election, as incumbent Tsai Ing-wen prepares for an uphill reelection bid.. Read more at straitstimes.com.

TAIPEI - Taiwan's main opposition party snubbed billionaire Foxconn owner Terry Gou and chose a political outsider as its best hope of returning to power in next year's presidential election, as incumbent Tsai Ing-wen prepares for an uphill reelection bid.

He has declined to categorically dismiss mounting speculation that he would consider running as an independent if he failed to secure the KMT nomination. Mr Han's victory over Mr Gou's financial muscle sets him up as the main challenger to Ms Tsai of the ruling Democratic Progressive Party in January's vote, which is shaping up to be the most closely fought race since Taiwan was first able to elect presidents in 1996.

His everyman persona, populist message of prioritizing economic growth and closer ties with China, and legions of dedicated"Han fans" propelled his mayoral victory in a city normally considered a DPP stronghold. Another mayor - Taipei's Ko Wen-je - is widely expected to announce his entry into the race as an independent in the coming weeks. Earlier this year, he described Taiwan and China as partners in an"arranged marriage" who had fallen"madly in love." He's also said that peace talks are"inevitable" between the democratically run island and Communist-ruled China.

 

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