TAIPEI: Taiwan’s richest man sensationally quit the opposition party on Thursday (Sep 12), rebuking his former political allies and strongly hinting that he would run as an independent in an upcoming presidential election. Terry Gou, who made his billions at the helm of the world’s largest electronics assembler Foxconn, made his announcement in a hand-written letter which has shaken a political establishment long dominated by two parties. Gou, 68, said the Kuomintang party he joined 49 years ago had become “corrupt” and a “platform for personal gain and power”. And he also hit out at the ruling Democratic People’s Party. “The reality is that neither the blue nor green parties can give the Taiwanese people hope,” he wrote. Those comments are the strongest indication yet that Gou will throw his hat into the ring. The island will vote for a new president and parliament in January elections set to be dominated by relations with China. Relations between Communist-ruled Beijing and Taipei have plummeted since President Tsai Ing-wen came to power in 2016 because her DPP party refuses to recognise the idea that Taiwan is part of “one China”. Beijing has since cut official communications, increased military exercises, poached diplomatic allies and… Read full this story
- Michael Bloomberg ‘still looking at’ a presidential run ... but only if Biden is out
- Here are the 18 Democrats who are running for president
- And then there were 18! Hot yoga-loving Ohio congressman Tim Ryan quits 2020 Democratic presidential primary
- Judge Judy tells Michael Bloomberg to run for president: Star says former New York mayor is 'only way we can begin to come together' as she slams Democrats' 'free money' and blames 'sounds and fury' of Trump without naming him
- Taiwan Asks Hong Kong for Return of the Murder Suspect Whose Case Sparked Months of Protests
- Bolivia votes on extending Evo's rule as rival hints he could dispute result
- If CM Fadnavis feels there is no Opposition left in fray, why so many rallies of Modi, Shah, asks Shiv Sena ahead of voting
- Tim Ryan ends 2020 presidential campaign
- BREAKING NEWS: Rick Perry QUITS as Energy Secretary 24 hours after revealing Donald Trump told him to talk to Rudy Giuliani about 'corruption' in Ukraine
- George Washington was the polar opposite of Donald Trump
Former Foxconn chief quits Taiwan opposition, hints at presidential run have 363 words, post on www.channelnewsasia.com at September 12, 2019. This is cached page on Vietnam Dance. If you want remove this page, please contact us.