Berliner Boersenzeitung - S. Korea's conservative contender Kim Moon-soo emerges from Yoon's shadow

EUR -
AED 4.232438
AFN 81.7399
ALL 97.895927
AMD 444.690649
ANG 2.06248
AOA 1056.812299
ARS 1342.051944
AUD 1.776305
AWG 2.07444
AZN 1.963769
BAM 1.955319
BBD 2.326228
BDT 140.905351
BGN 1.956255
BHD 0.434593
BIF 3431.056288
BMD 1.152467
BND 1.480136
BOB 7.961042
BRL 6.353668
BSD 1.152117
BTN 99.741473
BWP 15.528182
BYN 3.770473
BYR 22588.345428
BZD 2.314331
CAD 1.581934
CDF 3315.646835
CHF 0.942631
CLF 0.028263
CLP 1084.563727
CNY 8.284511
CNH 8.272986
COP 4705.142985
CRC 581.656968
CUC 1.152467
CUP 30.540365
CVE 110.237892
CZK 24.820447
DJF 205.169548
DKK 7.460613
DOP 68.323199
DZD 150.345929
EGP 58.324658
ERN 17.286999
ETB 158.433541
FJD 2.603941
FKP 0.856615
GBP 0.85647
GEL 3.135159
GGP 0.856615
GHS 11.867082
GIP 0.856615
GMD 82.4058
GNF 9982.545249
GTQ 8.854823
GYD 241.040727
HKD 9.046752
HNL 30.090601
HRK 7.536214
HTG 151.212816
HUF 402.706852
IDR 18944.591768
ILS 4.021003
IMP 0.856615
INR 99.807354
IQD 1509.328849
IRR 48547.656077
ISK 143.033075
JEP 0.856615
JMD 183.664836
JOD 0.817144
JPY 168.33969
KES 148.913382
KGS 100.783647
KHR 4617.864447
KMF 492.683845
KPW 1037.219942
KRW 1582.533008
KWD 0.35307
KYD 0.960164
KZT 602.06195
LAK 24856.887583
LBP 103230.815094
LKR 346.214864
LRD 230.423338
LSL 20.801885
LTL 3.402935
LVL 0.697116
LYD 6.280456
MAD 10.515714
MDL 19.811128
MGA 5148.733904
MKD 61.519872
MMK 2419.838955
MNT 4129.300049
MOP 9.315509
MRU 45.542801
MUR 52.575963
MVR 17.753793
MWK 1997.80873
MXN 22.09786
MYR 4.900869
MZN 73.712199
NAD 20.801885
NGN 1786.450441
NIO 42.399574
NOK 11.64654
NPR 159.586757
NZD 1.930754
OMR 0.443128
PAB 1.152117
PEN 4.137283
PGK 4.816816
PHP 65.888865
PKR 326.91661
PLN 4.268679
PYG 9195.738728
QAR 4.202067
RON 5.030175
RSD 117.20118
RUB 90.368278
RWF 1663.690891
SAR 4.323762
SBD 9.612065
SCR 16.999311
SDG 692.060432
SEK 11.137887
SGD 1.482116
SHP 0.905658
SLE 25.873303
SLL 24166.652664
SOS 658.438087
SRD 44.773754
STD 23853.731871
SVC 10.081521
SYP 14984.198484
SZL 20.797886
THB 37.818235
TJS 11.377302
TMT 4.033633
TND 3.410561
TOP 2.699196
TRY 45.655315
TTD 7.830075
TWD 34.101261
TZS 3058.947791
UAH 48.287326
UGX 4152.978764
USD 1.152467
UYU 47.108416
UZS 14469.441901
VES 118.193176
VND 30112.223648
VUV 138.188848
WST 3.179206
XAF 655.795737
XAG 0.032012
XAU 0.000342
XCD 3.114599
XDR 0.815599
XOF 655.795737
XPF 119.331742
YER 279.707783
ZAR 21.404421
ZMK 10373.586524
ZMW 26.643448
ZWL 371.093776
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

S. Korea's conservative contender Kim Moon-soo emerges from Yoon's shadow
S. Korea's conservative contender Kim Moon-soo emerges from Yoon's shadow / Photo: Pedro PARDO - AFP

S. Korea's conservative contender Kim Moon-soo emerges from Yoon's shadow

When his conservative South Korean party bowed to show remorse for ex-president Yoon Suk Yeol's disastrous martial law decree, Kim Moon-soo sat alone and resolute in symbolic non-apology.

Text size:

The moment catapulted the labour activist-turned-lawmaker to fame that he now hopes to harness to become South Korea's next president.

"He's essentially a presidential candidate that social media gave birth to," Jeongmin Kim, executive director at the Korea Risk Group, told AFP.

Internet users dubbed him "stubborn Moon-soo" in approval of the move, which helped drive a small uptick in his beleaguered party's approval ratings.

Yet the People Power Party (PPP) -- Yoon's former party -- wasn't always so keen on Kim Moon-soo's candidacy.

The PPP selected, unselected, and then selected him again as its nominee in a high-profile bout of infighting.

It was symbolic of the turbulence that has rocked the party since Yoon's botched bid to suspend civilian rule in December.

On the campaign trail, Kim, 73, has sought to distance himself from the ousted president, who became the second conservative leader to be stripped of office, after Park Geun-hye in 2017.

Kim offered his first apology "to the people suffering from the consequences of martial law" last month.

"Martial law has not only made the economy and domestic politics difficult but has also caused significant challenges in exports and diplomatic relations," he told South Korean media.

Korea Risk Group's Jeongmin Kim called the PPP's candidate a "chameleon-like politician capable of political survival".

- Shift to the right -

Born into a large family in North Gyeongsang province, about 300 kilometres (185 miles) from Seoul, Kim grew up in poverty after his father's co-signing of a loan plunged them into debt.

Kim was politically active by his final year of high school, when he was suspended for protesting against military leader President Park Chung-hee.

He attended South Korea's most prestigious university but started working in factories while studying for his degree and organising labour unions.

He was arrested twice in the 1980s, first on charges of violating the Anti-Communism Law, and later under the National Security Act.

Kim spent more than two-and-a-half years in prison and wrote in his biography about enduring electric shock and water torture.

He was pardoned in 1988 and was stunned to find the country thriving.

"My prediction that South Korean capitalism would eventually fail proved wrong," Kim wrote in his biography, with the collapse of the Soviet Union also upending his world view and leading him to join the conservative party.

Kim was elected to parliament in 1996 and later served two terms as governor of Gyeonggi province, South Korea's most populous region.

After being accused but not charged in an abuse of power scandal in 2011, Kim found his footing again among hard-right conservatives.

His popularity with his party's hard line was bolstered by his attempt to revise history textbooks in ways seen as favourable to former colonial power Japan, plus a high-profile fine for attending a church service during the Covid-19 pandemic.

He was appointed labour minister by Yoon in 2024 and was widely seen as part of the disgraced leader's inner circle.

- 'Written a miracle' -

Polls showed Kim trailing by at least 10 percentage points behind the opposition leader Lee Jae-myung and he was unable to convince third-place candidate, Lee Jun-seok of the Reform Party, to merge forces and make the election competitive.

With polls opening on Tuesday, "the question is to what extent can candidate Kim Moon-soo narrow the gap", said Heo Jin-jae, research director at Gallup Korea.

"Any remarks that offend public sentiment could cost the candidates votes," Heo said.

Another key question is whether he can win over moderates.

"The conservative base in South Korea is ideologically broad and Kim Moon-soo's political character is quite distinct," Kang Joo-hyun, a professor at Sookmyung Women's University, told AFP.

"Among moderates or pragmatists on the right, there's hesitation about whether they can fully back him," said Kang.

In response to the sceptics, Kim recently recalled his last-minute victory in 1996, when he successfully ran for parliament.

"You didn't think I would become the (final) candidate, did you? Neither did I," Kim told reporters on his first day of campaigning.

"But we have written a miracle."

(O.Joost--BBZ)