Taiwan's ruling KMT party chief says will not run for president next year

Eric Chu, chairman of Taiwan's ruling Kuomintang (KMT) party speaks during a press conference at a hotel in Beijing on May 4, 2015. -- PHOTO: REUTERS  
Eric Chu, chairman of Taiwan's ruling Kuomintang (KMT) party speaks during a press conference at a hotel in Beijing on May 4, 2015. -- PHOTO: REUTERS  

TAIPEI (REUTERS) - Taiwan's ruling party chief said on Saturday that he would not run for president in January, raising the prospect that an independence-leaning opposition party might regain power and cast a shadow over ties with political rival China.

Eric Chu, head of the China-friendly Kuomintang, had been considered the party's most promising contender to run against the opposition Democratic Progressive Party presidential hopeful Tsai Ing-wen.