Billionaire's Second Presidential Bid Shakes Up Taiwan's Election Battle

Terry Gou, the billionaire founder of Foxconn, has announced his second presidential campaign in Taiwan, joining a crowded field of candidates challenging the independence-leaning Democratic Progressive Party (DPP). The upcoming election, set for January 2024, comes at a tense moment as China increases military pressure on Taiwan. Gou's campaign focuses on avoiding war with China by advocating for a "one-China framework" and immediate talks with Beijing. However, his bid as an independent candidate may further divide the opposition vote, potentially benefiting the DPP's candidate, Vice President Lai Ching-te. Gou's candidacy has raised concerns about his susceptibility to Chinese pressure, despite his claims to the contrary.