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Taipei mayor launches new party but is mum on presidential bid

Foxconn's Terry Gou a no-show at rally amid speculation of solo run for office

Taipei Mayor Ko Wen-je launched a new party but did not say whether he will run for president of Taiwan.

TAIPEI -- Ko Wen-je, the mayor of Taiwan's capital city, held a rally here Tuesday to inaugurate a new party, vowing to "change the political culture" in the self-ruled island but prolonging the uncertainty over whether he will run in next January's presidential election.

Ko's Taiwan People's Party enters the island's two-party system dominated by the ruling Democratic Progressive Party and the main opposition Kuomintang.

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