Taiwan’s opposition to pick Hou for president

BLOOMBERG

Taiwan’s main opposition party is set to nominate New Taipei City Mayor Hou Yu-ih as its candidate for next year’s presidential election, a person familiar with the situation said, as it seeks to wrest back power in a vote crucial to US-China ties.
The Kuomintang is set to formally announce Hou as its choice to represent the party in January’s election, said the person, who asked not to be identified because they aren’t authorised to speak publicly. Hou would be taking on Vice President Lai Ching-te of the ruling Democratic Progressive Party.
The choice of Hou over Foxconn founder Terry Gou, who also sought nomination, is due to his strength in opinion polls and broader support among lawmakers and local government leaders.