Taiwan's opposition Nationalists pick former VP Wu as party chief

Wu Den-yih (C), newly elected chairman of Taiwan's opposition Nationalist Kuomintang Party (KMT), speaks during a news conference in Taipei, Taiwan May 20, 2017. REUTERS/Tyrone Siu

TAIPEI (Reuters) - Taiwan's biggest opposition group, the China-friendly Nationalists, on Saturday picked as its chief the island's former vice president Wu Den-yih, an advocate of improved and stable cross-strait relations.

    In his acceptance speech, Wu, 69, said the party would need to implement measures to boost the economy such as by increasing incomes and implementing pension reforms.