Nearly a year after a president鈥檚 dramatic coup attempt and impeachment, Peruvians want to vote for their next president before the scheduled 2026 elections. Legislators are trying to look the other way.
The idea that a self-made billionaire should run for president, in part because he or she isn鈥檛 beholden to parties or donors, always struck me as an American conceit. Think Ross Perot or Michael Bloomberg, neither of whom went the distance. Donald Trump鈥檚 candidacy ended up being as much about celebrity as business acumen.聽
Now Taiwan is hearing the siren call of the tycoon-as-president. Terry Gou founded Foxconn, the electronics manufacturer that assembled the iPhone in your pocket. This week, he said he will run as an independent in January鈥檚 presidential election.
Mr. Gou鈥檚 candidacy isn鈥檛 a complete surprise. He has flirted with presidential runs in the past, and he tried to win the nomination of the main opposition party, the Kuomintang. But his late entry presents a wild card. Critics say Mr. Gou will simply split the opposition and hand victory to the current front-runner, William Lai of the Democratic Progressive Party.
The world will be watching, given the tensions over China鈥檚 territorial claims on Taiwan. While the Democratic Progressive Party favors independence, the Kuomintang聽is more conciliatory.聽Mr. Gou鈥檚 extensive business interests in China and personal ties to its leadership have also raised eyebrows.聽At his announcement, Mr. Gou said he had no 鈥減artisan baggage鈥 and would seek peace not war with China. 鈥淭he people鈥檚 interests are my biggest interests,鈥 he said.聽
His message may resonate with some voters. But those who view Beijing skeptically will likely need persuading that a business leader, not a politician, knows how best to navigate the stormy waters between Taiwan and China.