TAIPEI - Billionaire Foxconn founder Terry Gou's decision to stand for Taiwan's presidency has thrown a spanner in the works of a January election expected to return the ruling party for a third term at a time of soaring tensions with China. His wildcard entry as an independent candidate has been criticised by the main opposition party, the Kuomintang (KMT),...
TAIPEI - Billionaire Foxconn founder Terry Gou's decision to stand for Taiwan's presidency has thrown a spanner in the works of a January election expected to return the ruling party for a third term at a time of soaring tensions with China.
The DPP and its candidate William Lai, which opinion polls show as ahead by a comfortable margin, have repeatedly clashed with Beijing, which paints them as secessionists. Mr Hou has languished in the polls, generally coming in third behind former Taipei mayor Ko Wen-je from the small Taiwan People's Party .The DPP said Mr Gou's decision was a "family matter" for the KMT, and that it respects the right of citizens to run.
Mr Gou has for months said the best way to close that gap is to forge an opposition tie-up, pointing out that there are more voters who intend to vote against the DPP than for them. Taiwan has a first-past-the-post presidential election system, so if Mr Lai gets 40 per cent of the vote with the rest more or less evenly distributed between the other three candidates, he wins.
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