The winner will face mounting challenges including handling South Korea’s worst wave of COVID-19 infections, deepening inequality and surging housing prices that have strained Asia’s fourth-largest economy, and the ever-present threat of North Korea.
They are vying to succeed incumbent President Moon Jae-in, who is constitutionally barred from seeking re-election. The winner will begin his single, five-year term on May 10. In the absence of opinion polls over the past six days, Yoon’s camp said on Monday it expected to win with a 10% margin, while Lee’s team predicted it would come out on top by 1-2%.A former prosecutor general, Yoon has vowed to fight corruption, foster justice and create a more level playing field, while seeking a harder line toward North Korea and a “reset” with China.
Young voters who backed Moon but became disillusioned with economic problems and corruption scandals are seen as a key bank of support.
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