40 Burst results for "Hong Kong."
Fresh update on "hong kong." discussed on Bloomberg Daybreak
"Of Fame. John stasia were Bloomberg sports. Thank you, John looking at futures ahead of the market open S&P futures down 17 points down futures down a 134 NASDAQ futures down 37 points, ten year treasury yield 3.51%. When news breaks across the globe Bloomberg radio is there. From Asia. Unrest in China protests are spreading to Europe. In the UK, the country heads into a likely recession. And anywhere in the world, news heaven. We're going to go live to Taipei. Rebecca Chung Wilkins joining us live from Hong Kong we go live to Buckingham Palace this morning and join Lizzie Bergman. To get the latest from Bloomberg's francine lacqua in Rome. Joining us now, Maria
Sam BankmanFried not sure if he will testify before Congress on Dec. 13
"5 a.m. Monday, December 5th, 2022. Sam bankman fried not sure if he will testify before Congress on December 13th. Sam bankman fried, founder and former chief executive officer of failed cryptocurrency exchange FTX, tweeted on Monday morning Hong Kong time that he may not testify before the U.S. Congress on December 13th.
Fresh update on "hong kong." discussed on Bloomberg Daybreak
"Trading. Let's get you up to date on the news you need to know what this shower. We begin in Asia where China appears to be further easing its zero COVID policy. Bloomberg Stephen engel in Hong Kong says China is ushering in rapid changes. As of today, Monday in Shanghai, you will no longer need a negative PCR test to use public transport or going to public venues. Also other cities like Hangzhou. This is an addition to many other cities that are, I would assume taking new marching orders from Beijing to ease back a little bit. And Bloomberg Stephen engels says officials are signaling China's top priority should be economic recovery. Well, the easing of restrictions catapulted stocks in Asia overnight, Karen, but investors expect China's COVID impact could have disruptive global repercussions. Helen zoo, chief investment officer at non Fung Trinity says China's COVID shift is going to affect energy prices. I think most importantly, it's really the supply side is going to be less tight versus what we had over the last 6 to 12 months. And now you're actually starting to see that OPEC has to cut to maintain things in balance with everything so far over the cost curve. It's very difficult to be long-term positive on energy simply because of the geopolitical, which is very difficult to gauge. Helen zoo with non function Trinity says China's reopening is still a positive for long-term energy demand. While taking a look at oil, Nathan is gaining after OPEC said it will keep oil production unchanged. OPEC plus also just implemented a 2 million barrel a day reduction agreed to at its last gathering and checking prices right now, not next crude oil is at 1.9%. Is it $81 50 cents a barrel, Brent is at 1.8% at $87 13 cents. In the meantime, Karen vank of America's CEO Brian moynihan says the tight U.S. labor market needs to loosen. Wage growth is strong, which is a good thing, but also strong means they have to slow it down to match. Otherwise, we're going to have a wage inflation spirals. Bank of America, CEO Brian moynihan added, he expects a mild recession next year. He made the comments on face the nation from CBS heard Sundays on Bloomberg radio. Nathan with a peek at the fed funds rate on certain when a Wall Street's biggest bears is once again turning bearish on Bloomberg state rapaport joins us with that story. Good morning, Steve. Good morning, Karen and Nathan. Morgan Stanley strategist Mike Wilson says we are sellers again, warning the downtrend for the S&P 500 will continue despite a recent rally. Wilson and his colleagues in a note save this makes the risk reward of playing for more upside quite poor at this point, Wilson sounded more upbeat last Monday when he predicted an absolute upside of more than 4000 points over the next week or so. Live in New York, I'm Steve rappaport, Bloomberg, daybreak. All right, Steve, thank you. And futures this morning, they are moving lower with S&P futures down 18 points. And straight ahead, we have your latest local headlines. Plus, a check of sports, and this is Bloomberg. Thanks Karen 5 31 on Wall
Central Bank Executive Says Hong Kong Working On Investor Protection Measures
"1 a.m. Friday, December 2nd, 2022. Central Bank executive says Hong Kong working on investor protection measures. Central Bank governors from around the world are currently in Thailand to discuss the role of central banks amid evolving financial technology. EDU, chief executive of the Hong Kong monetary authority discussed the rise of digital assets and Central Bank digital currency CBDC and the risks associated with the new technology. Chan Yun re, governor of the bank of Korea was not so optimistic about the future of blockchain technology, especially in the monetary sector. Read more
Fresh update on "hong kong." discussed on Bloomberg Daybreak
"Moscow in U.S. stock index futures are lower this morning where at 5 O one on Wall Street and we check the markets every 15 minutes throughout the trading day on Bloomberg. S&P futures down 14 points this morning, Dow futures down 101, and NASDAQ futures down about 30, the ten year treasury down 8 30 seconds. 3.51% that yield on the two year 4.32% nymex screwed oil is up 1.8% up a dollar 42 at $81 40 cents a barrel, Nathan. Karen, we begin in Asia this morning where China appears to be moving more away from its strict COVID zero policy. Over the weekend, testing requirements were eased in a number of cities. We get the latest from Bloomberg's Rebecca Chung Wilkins in Hong Kong. We're seeing the sort of biggest changes yet so far that China is sort of in earnest entering an opening up and one big marker is no longer needing to test when you go into major public venues that we've seen that in Shanghai, Hangzhou and other major cities. It's really significant. I think that the broader indication economists and others seeing some kind of reopening back in the first or second quarter of 2023. Bloomberg's Rebecca Chung Wilkins says the loosening comes as China reports its lowest number of COVID cases in nearly two weeks. Well, Nathan, the easing of restrictions catapulted stocks in Asia overnight, Hong Kong's hang seng index sword four and a half percent while stocks in China gained 2%. We get the recount from Bloomberg's Rashad salad in Hong Kong. A rising tide which lifted all the boats in this case, the vessels included stocks, commodities, bonds and currencies with a notable exception of the dollar, all of this as traders bet on the further reopening of the Chinese economy from COVID restrictions. Regional shares flirting with highs not seen since August as well as a technical bull run. The key driver the hang seng here in Hong Kong adding to the 21% rise last month in Hong Kong. I'm Rashad salami, Bloomberg daybreak. Irish. Thanks. China's COVID impact could have global repercussions. Bank of America's securities, senior U.S. economist edita bave says it makes a tougher situation for the fed. At least in the near term, China's reopening makes the fed's life a little bit harder and probably makes the potential for a reception in the U.S. a little bit higher. The evas adida says he thinks the federal raise rates 50 basis points in both December and February followed by 25 basis points in March. Well, Nathan former treasury secretary Larry summers also thinks the fed will be more aggressive. He spoke with David Westin on the latest edition of Bloomberg's Wall Street week. We're probably going to need increases in interest rates. I suspect they're going to need more increases in interest rates than the market is now judging or then they're now safe. And former treasury secretary Larry summer says the fed's benchmark rate could possibly go as high as 6% catch more of our interview with Larry summers coming up later in our program. As rates rise Karen Bank of America CEO Brian moynihan expects a mild recession next year, he spoke with Margaret Brennan on CBS's face the nation. They basically picked negative growth around 1% or so for the next for the first three quarters of 23. And then it comes back to positive growth. That means that is negative overall. But it's just 1%. So when you think about the perception, we were sitting here, we went down 30% that next quarter and stuff. So this is a mild recession. And again, Bank of America's CEO, Brian moynihan, they're on face the nation from CBS which you can hear Sunday afternoons on Bloomberg radio. Well, Nathan hire rates would not be good for the bulls on Wall Street and one of the biggest bears is starting bearish again. Let's get the latest live with Bloomberg Steve rappaport. Good morning, Steve. Good morning, Nathan. Karen and Nathan, despite the S&P 500 crossing above its 200 day moving average last week, Michael Wilson urges investors read the room, saying the downtrend since the beginning of the year remains intact. The Morgan Stanley strategist and his colleagues writing they expect the index to resume declines, it's an about face for Wilson, who told Bloomberg surveillance last week. We have more confidence that this rally will continue into December. Strategist at JPMorgan Chase and other firms also warn of fresh declines, live in New York, I'm Steve rappaport, Bloomberg daybreak. Okay, Steve, thanks. And corporate news this morning shares of Credit Suisse are up more than 7%. The Crown prince of Saudi Arabia will reportedly be an investor in Credit Suisse's new investment bank. According to The Wall Street Journal Mohammed bin Salman is considering an investment of around $500 million to back CS first Boston. Now Nathan the latest on the collapse of FTX, the founder of the failed crypto exchange, said he will testify before a House committee holding hearings on the matter. But Sam bankman freed won't commit to win that will be freed says he should have done more. There was a loud barring
Hong Kong crypto exchange AAX has lost most staff, unlikely to reopen, says former executive
"3 p.m. Saturday December 3rd, 2022. Hong Kong crypto exchange AX has lost most staff, unlikely to reopen, says former executive. The exchange has gone silent since pausing withdrawals in liquidating all futures positions, with users fearing a repeat of the FTX collapse.
Fresh update on "hong kong." discussed on Bloomberg Daybreak Europe
"We're seeing Asian equities and commodities rise this morning as traders are bashing on further reopening of the Chinese economy from COVID restrictions, the MSCI specific index is 1.3% higher near the hang seng just under 4% higher this morning in Hong Kong that the CSI 300 is up by 1.8% tech shows are up by 8% in trading this morning, the offshore yuan, 1% stronger this morning as we are seeing that trading at just under 7 to the dollar and that is where things are moving on the currency markets as we have a weaker dollar on the Bloomberg dollar spot index down by three tenths of 1% trading at one O 5 74 against the aura in one 23 28 against the daros a dollar weakness the story going into the start of this week as well. The ten year treasury is trading at three spot 53 after Friday's NFP jobs rapport came in showing further payroll growth than stronger payout growth and had been expected. So that's what we're looking at the ten year treasury of going into the start of this week. You're a structural features now. Flat to the negative this morning as we head towards the start of European training S&P E minis are two tenths of 1% lower as well. Looking on the rest of the commodity markets too, we are seeing iron ore trading now up 2.3% steel up 1% as well, that's of course linked to the China trade two and as we are seeing on the oil markets, the Brent crude, up a third of 1%, 85, 85 as well as trade in this morning, WTI four tenths of 1% higher just over $80 a barrel. That's your Bloomberg radio business flash. Let's get more now in our conversation about the markets
Biden Administration Stays Silent on China Protest
"Here it is. Cut 22 after I'm being asked about the COVID protests in China. Cut 20%. Here you look at what's happening here in China is certainly not reticent at all to criticize the United States. If you disagree if the United States disagree with this zero COVID policy, why not let it be known to everybody? Shame on every part of the Biden administration for their silence here. They were silent when Hong Kong was put under the thumb. They were silent when a million Uighurs are put into concentration camps. They have been silent over the suppression of the Catholic Church in China. They are now silent, as people are hustled away into taxicabs in little bits, freedom, moving through. We get to see little glimpse at former Secretary of State Mike Pompeo tonight, tweeted less than an hour ago. We stand with the Chinese people. I'd like to hear the president say that because that is in fact what the American people believe we ought not to be kowtowing to China, regardless of how much we need them to be the world's factory. Now,
Fresh update on "hong kong." discussed on Bloomberg Daybreak Asia
"Sydney, the action's all in Hong Kong today, though, the hang sing at better by three and a half percent. We've got all sectors and positive territory. The markets are really liking the China reopening and narrative. We've got the Shanghai composite better by 1.4%. Stocks in Shenzhen meanwhile better by 1.6%. Elsewhere around the region though, it's a bit more of a muted picture. We've got the cost we actually a negative territory off by a third of 1% the nikkei kind of flat right now. But the ice eggs performing reasonably well, though, better by 6 tenths of 1%. So perhaps catching a tailwind from the China reopening story, we've got iron ore, gaining 10% over the past 5 days, and its material stocks that are doing particularly well in Australia right now. We've got a reasonable story to tell on the oil prices. Well, the barrel of West Texas at the moment, 81 14, we had OPEC plus meeting over the weekend, a very, very short meeting there was an online meeting as well. I believe in production unchanged. We've got Wiz Texas putting on some modest gains today. Russia also warning the lip might reduce output in response to the price cap, which was finally imposed at $60 per barrel. It had a little bit of data out of China earlier Tai Chi PMIs for the month of November, coming in pretty weak at the composite read 47, the services PMI number 46.7
University students sent home as China tries to end protests
"Chinese universities are sending students home amid protests against coronavirus restrictions, China's ruling Communist Party is trying to prevent more protests after weekend crowds in at least 8 cities demonstrated against its zero COVID policy and called for the resignation of president Xi Jinping. Police route in force, and there was no word of protest Tuesday in Beijing or other major cities. Yesterday in Hong Kong, activists at about 50 university students from the mainland lit candles and chanted slogans in a show of support. Some restrictions were eased and now universities are sending students home, calling in buses to take people to train stations, qinghai university where students protested Sunday, said they were protecting students from COVID-19, but dispersing them to far flung hometowns also reduces the likelihood of more campus activism. Dali Yang and expert on Chinese politics at the University of Chicago says authorities are hoping to diffuse the situation.
China virus protests hit Hong Kong after mainland rallies
"Hong Kong residents have taken to the streets to protest China's zero COVID policy, which is now entering its fourth year. Protesters chanted freedom and we don't want revolution we want reform. We don't want a leader. We want votes. The demonstration comes after people around China took to the streets in anger at the government's strict COVID policy that has confined millions to their homes. The rallies throughout the mainland prompted the government to ease some restrictions, nevertheless, police were out in force the day after the protests. One of the Hong Kong protests took place at the Chinese university of Hong Kong, where about 50 students lit some candles in memory of those who died in the urumqi fire, days earlier, they also sang a protest anthem which hooked back to their anti government protests in 2019. Protests in Hong Kong have become less frequent under rules imposed to crush a pro democracy movement in the territory which is Chinese but has a separate legal system from the mainland. I'm Karen Chammas
The Origins of Thanksgiving With Bill Federer
"Bill, tell us, why do we celebrate Thanksgiving? What is the story of Thanksgiving? Well, the little background. So the king of England was a globalist. He was a one world government guy with him at the top. The British empire controlled in the Australia New Zealand Hong Kong brisk ionic Canada Barbados Bermuda Jamaica and America. And so America's founders wanted to break away from this globalist one world government king. And so they flipped it and made the people became. And so where did they get this idea that you could rule yourself without a king? Well, it came from the pilgrims and that it came from the calvinist Puritans that came from the reformation and then they got their ideas from ancient Israel. That first 400 years out of Egypt, it's called the Hebrew republic. And it's the first instance in recorded history of a nation with millions of people and no king. And there's around 1400 BC up to about a thousand BC. And it worked because every single citizen was taught the law. And they were personally accountable to God to follow the law. So this period of history is called the Hebrew republic. And these calvinist puritan scholars study this so intently that they were nicknamed Christian hebrews. So in 1517, Martin Luther starts the reformation and for about a century before the age of enlightenment, you have these scholars in Europe studying, not just the Bible in their own language, but this particular first 400 year period, this Hebrew republic. And that's why they taught Hebrew at Yale and Harvard. They were amazed at coming up with a form of government without a king. And again, it's based on this idea that you teach everybody the law and then everybody walks around aware that they're accountable to a God who's watching them watch them to be fair and it's going to hold them accountable in the future.
Hong Kong leader Lee tests positive for COVID-19 after APEC
"Hong Kong leader John Lee has tested positive for COVID-19 after meeting with regional leaders at the Asia Pacific economic cooperation forum in Thailand A government statement says Lee tested negative throughout his four day stay in Bangkok but his test upon his arrival at Hong Kong's airport on Sunday Night was positive Lee is now in isolation and will work from home other officials at his office who went to Thailand whitley all tested negative Lee's aim at the forum of Asia Pacific economies was to promote Hong Kong's image as a city reopened to the world after imposing severe COVID-19 restrictions for much of the pandemic I'm Charles De Ledesma
China's Guangzhou locks down millions in 'zero-COVID' fight
"Trying to southern city of Guangzhou as trying to tamp down a major COVID-19 outbreak in its largest district the metropolis has suspended public transportation and is requiring residents to show a negative COVID test if they want to leave their homes China is the only major country in the world still trying to curb virus transmissions through strict lockdown measures and mass testing one district in Guangzhou has also suspended in person classes for schools and sealed off universities until Friday in Beijing the capital has reported three COVID-19 deaths The first ones in more than 6 months meanwhile Hong Kong says its leader Jean Lee has tested positive for COVID-19 after returning from the Asia Pacific economic cooperation meetings in Thailand I'm Donna water
Hong Kong braces for Tropical Storm Nalgae
"Hong Kong is braced for tropical storm now guy Schools and offices closed and some events were canceled in the territory as nagai swept south of the city while temporary shelters were opening theme parks swiftly closed afternoon trading was suspended in the stock market some ferry and bus services halted and some public services ranging from vaccinations to child care and elderly centers shuttered Residents are being urged to stay away from the shoreline and avoid water sport activities the Hong Kong observatory has raised a number 8 typhoon signal the third highest warning under the city's weather system as now Gaius maximum sustained winds hit 56 mph I'm Charles De Ledesma
China's Xi expands powers, promotes allies
"China's most powerful leader in decades president Xi Jinping increased his dominance after he was named to a third term as head of the ruling Communist Party Xi Jinping took power in 2012 in a break with tradition he was awarded his third 5 year term as general secretary at the end of the party's central committee meeting Sunday The party also named a 7 member standing committee It's inner circle of power dominated by she allies who support his vision of tighter control over society and the struggling economy The all city beings man the just one faction the party Jean Pierre castan is an expert in Chinese politics at Hong Kong baptist university The reason
Xi Says China Is the New Choice for Humanity
"Washington Post president Xi presents China as a new choice for humanity. Is he ready for next term? Autocrats always be believed their own press clippings. Don't they? She says, they're going to be self reliant. They're going to have state letter initiatives. Taiwan is going to be reunited. It reunified. They celebrated the reunification of Hong Kong with China at the big party Congress this weekend, meaning that they've suppressed everyone and arrested everyone that they needed to do so. It's a nightmare in China and the threat to Taiwan is real and he put it out there and I hope they've got a plan at The White House because I wouldn't be I would not be at all surprised if it happens before the election. If he makes a lurch at Taiwan as soon as he's got his third term sealed up.
Tourists flock to Taiwan as COVID entry restrictions eased
"Taiwan lifted all its COVID-19 entry restrictions on Thursday allowing tourists and visitors unfettered access to the self ruled island after over two and a half years of border controls Hong Kong and Taiwan together with Mainland China have required most visitors to complete a mandatory quarantine period throughout the pandemic even as most countries open their borders visitors are no longer required to quarantine upon entry or take any PCR tests instead they'll need to monitor their health for a week after arriving and obtain a negative result on rapid antigen tests the day they arrive dozens of visitors from Thailand were among the first to arrive under the new rules on a flight that landed shortly after midnight I'm Charles De Ledesma
Gordon Chang Discusses Xi Jinping's Political Evolution
"Let's unpack because really it seems like we just have an emperor of the CCP, a Communist Party that is run by a guy that's changed their quote unquote constitution to give him power for life. Who is Xi Jinping? What is important to know about his prior political evolution, what he's done in the party and his style of leadership. This isn't a male who is this. He's someone who reveres mal, someone as a teenager, actually studied Mao. And he believes that China should rule the world. He's been very clear about this during his term as general secretary of the Communist Party. So he's not just a careerist. He believes that this is the civilization that should run everything. Absolutely. The first thing or one of the first things he did when he became general secretary was he went down to Guangdong province, which is the province that surrounds Hong Kong. He gave a secret speech to cadres and said, why did the Soviet Union fall? He said, the Soviet Union fell because Gorbachev was not a quote unquote real man, that the Soviet leaders failed to adhere to their ideology. So he's very ideological. And during his ten years, we have seen him reimpose totalitarian controls, and we have seen him bring the state back into the economy. So this has been a reversal of all those policies that made China extremely successful.
Scientists honored for COVID-19 tracker, prenatal test
"A scientist who created a global COVID-19 tracker was among those honored for achievement in medical research Lauren Gardner a Johns Hopkins University engineer who studies the spread of diseases is the recipient of this year's lasker award for public service by the Albert and Mary lasker foundation which recognizes achievements in medical research Gardner worked with her lab team to develop a website that tracks COVID-19 as the virus began spreading worldwide in January of 2020 The dashboard became the key resource for the public and policymakers seeking information on global cases deaths and vaccines Other award winners include a biologist in Hong Kong who designed a prenatal blood test for pregnant mothers that can screen their unborn children for down syndrome and three scientists whose work on key immune proteins helped launch the field of integrin research I'm Jennifer King
Bob Cesca on Republican Support for the Theft of National Secrets
"Couldn't wait to get you on today because of course Edward Snowden thing. I was just like, oh my God. Bob says, I tried to tell you how long you just said, right? Matt Gaetz said Joe Biden should pardon Snowden, and you said Republican support the theft and exposure of national security secrets. Period. Yeah. How long ago did we say this? Snowden is a traitor. 9 years. It's been 9 years. It'll be ten years coming up this coming up summer in June, I believe it is. When the first story Glenn greenwald dropped happened. And so this is not surprising to those of us who were following the story closely with a critical eye back in 2013 when especially and I wrote a piece about this back in 2013 about how as soon as Edward Snowden was shepherded from Hong Kong where he had a birthday party, a birthday pizza party at the Russian consulate, he was taken by WikiLeaks attorneys. Hi. See, all these names are so appropriate now. Have a new patina of weirdness about them after the last 5, 6 years. Yeah. And so he separated by WikiLeaks attorneys to Moscow, where, while camping out in the Moscow airport, he hires Russian attorney Anatolia. I think that's how you pronounce his last name. And anatoly kuchar Rena is a, or was a lawyer for the FSB for the Russian FSB. And those of us who have been falling from Russia all along what the very least watching the Rachel maddow show. We all know what the FSB is. The FSB is the modern day version of the KGB. Yeah. And one of their attorneys is the attorney who represented Edward Snowden in Moscow in 2013 when he was there in the airport. So this is no surprise to any of us that he is being offered Russian citizenship by Vladimir
"hong kong." Discussed on Monocle 24: The Foreign Desk
"Now in paperback. You're listening to the foreign desk with me, Andrew Muller. There was until quite recently a conventional wisdom that China would never lean too hard on Hong Kong because Hong Kong was too economically valuable. Did that change, and if so, why? Joining me now from California is Tara Joseph, a consultant at global, Tara formally served as president of the American Chamber of Commerce in Hong Kong and as president of the foreign correspondents club. Tara let's start with Hong Kong status as a financial hub as it now is. How much of prime Hong Kong at its peak still remains? Well, there's definitely an infrastructure that remains and a robust financial system. And also a fair amount of trade going on. But it's international reputation has been pummeled and badly beaten. It's going to take a lot of work for Hong Kong to be able to restore that reputation. A lot of that has to do with connectivity and the ability to travel in and out of Hong Kong. I can't stress how important that is for the business community. You have left Hong Kong yourself. Just wondering if you could give us a sense of how very far from alone you have been in that over the last few years. What have you noticed about the numbers of people and organizations either leaving or downsizing? And what kind of people and what kind of organizations have been heading for the exits? Well, I'm very far from alone in terms of individuals leaving Hong Kong. So many people from the United States have left Hong Kong that I've actually started an organization called the Hong Kong alumni network because many people have come back. And these are people who like myself lived in Hong Kong for many years and considered Hong Kong their home. Now when it comes to companies leaving Hong Kong, it's a little bit more difficult to define because companies aren't posting it on their websites or making a big song and dance about leaving what's happening is many executives are leaving or moving to Singapore. Lots of different departments and areas of businesses are quietly moving for Singapore or moving things back to other countries. So it's very hard to actually pick out who's gone and how many people have gone. And I think companies are doing that on purpose because of course they don't want to rile the Chinese government and make things even more difficult for themselves. Because after all, China is a very large economy and many people are invested in doing business there. But one of the things that for many decades drove that prosperity of Hong Kong and that dynamism of Hong Kong was that it was one of those cities that people went to basically to have a crack at it in particular fields. It was in that respect similar to somewhere like London or Los Angeles or New York or if you have a banjo in a dream, Nashville. Is that all over for Hong Kong? Is it still going to be one of those places that people from all over the world think of and think I'm going to go there and take my shot? I don't know if that can be restored. Many people are seeing Hong Kong is no longer the place, but of course we have to wait and give it time to see what actually happens as things develop. There is one more issue that I would like to bring out that does hamper dampen Hong Kong as a great city of the future. And that is right now U.S. China relations, British China relations and increasingly European China relations are not in a good place. And in addition to Hong Kong, you've got a lot of worries over Taiwan and whether China will invade Taiwan. You've got issues in the South China Sea. And that is also something that will keep people from really wanting to say, hey, I'm going to make a go of it and go out to Hong Kong because it's a freewheeling easy place to go. There's a lot of political risk surrounding the area right now. I mean, nevertheless, as you suggested earlier, Hong Kong does still have a very solid infrastructure as a financial center. It does have a tradition of dynamism and reinvention. Are we perhaps writing it off too early if we're writing it off? Could it perhaps recover? Well, it is a very important financial center and despite all the difficulties that I've been mentioning in a very sober view of Hong Kong. It is a major gateway and one of the most important, if not the most important financial center in all of Asia. Hong Kong is the only Chinese city with a free trading currency. It's got a robust stock market. It has a I should say well respected de facto Central Bank. And it's physically located on the doorstep or some would say in China. So those things count for a lot. And if the world can recover from U.S. China relations being at a low, if Asia and China can recover from COVID, then there are things that will make it a useful place. If the Chinese government chooses to open its doors and make it a welcome spot for foreigners. What becomes of those great definitive defining Hong Kong based Hong Kong brands. Cathay Pacific Mandarin oriental. Do they have a future? Well, cafe's taken a big hit. There was a situation a few years ago where swire was called up to Beijing and slapped on the wrist for suggesting at cafe Pacific that people working there could actually voice their opinion over protests. And the cathay Pacific airline, which used to be a real strong marker of the pride and success of Hong Kong is now partly owned by the Hong Kong government. So it's a very different ball game for cathay Pacific. Though other company that you haven't mentioned, of course, is HSBC. Which is a hugely important company for Hong Kong and for China in terms of trade. There's a lot of difficulty for HSBC in the UK and what it's doing to ensure its future in China where it's profits are related. That's not going to go away very soon. And that's something that puts Hong Kong, HSBC and brands like that under pressure. As someone who lived in Hong Kong for a very long time, you will have been familiar with the reassurance that was uttered a lot building up to the handover in 1997 and certainly afterwards that China would never really crack down on Hong Kong to severely because Hong Kong was too economically valuable. And whatever you might think of the Chinese Communist Party, they're not stupid. They're not going to strangle the goose, which is laying all these golden eggs, et cetera. Why did that change? Was it just that China became so prosperous that whatever Hong Kong contributed didn't matter all that much to it or started mattering less. Or did we overestimate the degree to which China was willing to place economy above
"hong kong." Discussed on Monocle 24: The Foreign Desk
"But the coming to power of the Communist Party closing the Chinese border, allowing the population in Hong Kong to become settled and for the first time, the ethnic Chinese in Hong Kong, the overwhelming majority of the population developed a sense of their own identity and wage of life, which was a mix of the British and the Chinese way and that's very, very different from the communist approach to living in China itself. By the 1980s and the 90s, people in Hong Kong would think of their own core values and their core values include things like the rule of law. The respect for individual freedom and dignity. It was the kind of support for democracy without a democratic political system actually in place, which is very different from that in China. Now, they did feel that they were also some kind of Chinese, but it was a different kind of Chinese from the Chinese living on the mainland. And so you had a strong sense of us and them. They are kind of like cousins one of them brothers. So throughout the 50, 60, 70s, 80s was Hong Kong, able to completely tune out the extraordinary upheavals that were occurring within the People's Republic of China, did one affect the other in any real sense at all. Foodie 50s and 60s and the 70s. Hong Kong was shield from some of the most turbulent events that happened in China itself. For example, the land reforms in China in the early 1950s when 2 million people were executed on the mainland hidden effect Hong Kong that much. The great famine of the great leap forward from 1950 9 to 1962 when over 40 million people in China were staffed to death. It didn't affect Hong Kong. Or the cultural revolution of 1966 to 76. The Greek supreme commander Kim and Mao issued a world shaking conquest. You should pay attention to state affairs and carry the great proletarian cultural revolution through to the end. The red torments of the great proletarian cultural revolution, a sweeping the country and shaking the whole world. Kim and moss is Knox and consists of thousands of troops, but they all boil down to one phrase. It's right to rebel, particularly in the intensive period of 66 and 67. It didn't affect Hong Kong that much. But Hong Kong was at the receiving end of those events in China. When the great famine was happening in China, people in Hong Kong even poor people were sending food and other things to their relatives in China in the cultural revolution they were fishing out dead bodies from the harbor that had flowed down the pearl river and they suffered a year of disturbance when the Mao is trying to challenge the colonial authority in Hong Kong. When in fact, your ethnic Chinese by and large rally around and supported the colonial administration. Without much love, but they support the colonial administration because colonial administrations was providing them with stability, good order and freedoms to do what they wanted to do. We started out talking about the duress that China was under when it agreed the 99 year lease in 1898. When we come towards the expiry of that lease in 1997, was the UK sort of in the opposite position. Did the UK have really any kind of negotiating position at all? The UK had a very bad hand to play. Because China was a rising power and in terms of the geography and the national strengths of the United Kingdom in the early 1980s, China could physically just tick over Hong Kong and there was very little to the United Kingdom could do about it. And therefore, the negotiations was very difficult. The end result was not what people in Hong Kong would have like, but it was something that people in Hong Kong thought was tolerable that they could live with. It has been the greatest honor and privilege of my life. To share your home for 5 years and to have some responsibility for your future. Now, Hong Kong people are to run Hong Kong. That is the promise and that is the unshakable destiny. So it was a good deal out of a very bad situation. So the idea underpinning that deal was the one country two systems idea which held that though Hong Kong would be returned to China. It would still to a large extent be allowed to continue being Hong Kong, do you think that the Communist Party's leadership was serious about that even at the time? Is it one of those things where their position has hardened as they've understood that they're actually even stronger than they were in 1997? The commonest party of China totally intention to uphold the one country to systems as it understands it. It has no intention of upholding the one country two system model as a United Kingdom and the people of Hong Kong understand it. But if they were prepared until about 2017 to accept the reality of a one formula two interpretations and they basically never fully agreed to the British or Hong Kong or international understanding of the one country two systems, but they did not openly challenge that. They simply act in accordance with their own interpretation, but after 2017, when Xi Jinping had consolidated his power and changed the paradigm of not seeing Hong Kong simply as a special administrative region, but as part of the greater Bay Area of China, then basically they started to say that the Sino agreement over Hong Kong was merely a historical document that no longer applies. Certainly effectively saying the British interpretation of the one country two systems is now obsolete. Steve, thank you for joining us, that was Steve Chang, director of the China institute at psoas, Steve's book, a modern history of Hong Kong, 1841 to 1997 is available
Hong Kong to end mandatory hotel quarantine for travelers
"Hong Kong's to end mandatory hotel quarantine for travelers The territories leaders announced the city will no longer require incoming travelers to quarantine because of COVID fears in designated hotels after nearly two years The city wants to open up globally and remain competitive Chief executive John Lee has explained such travelers will also no longer need a negative PCR test within 48 hours before boarding a plane to Hong Kong instead they'll need to present a negative result from a rapid antigen test conducted 24 hours before their flight the measures will come into effect on Monday I'm Charles De Ledesma
'I didn't want to miss it': Royal funeral on global live TV
"People around the world have been watching Queen Elizabeth's funeral on TV In Hong Kong British citizen Tom fell remembered being at the queen mother's funeral hand Princess Diana's So hard not to not to be there So he and others around the globe watched from a South African amphitheater She showed us courage She showed us Judy To British pubs in Paris It's a historical moment in English history and I didn't want to miss it And here in Washington Didn't feel right It is watching my own home Saw Germain Washington
"hong kong." Discussed on CFR On the Record
"Kong permanent resident and you commit a crime outside the hong kong s the. I think that insults everybody in this session but to just add to that. It's not what happens in the session and unfortunately it could be everything that we might have said. Thirty years ago or what we might have said in a classroom. Or what is the the really quick. Go back under non-retroactivity. Unless we really stop. You know that truck. From rolling over everyone. I want to say. We only have fifteen minutes left. And i want to emphasize that most dentists and sharon have written many things that are eye-opening in highly informative about this subject and apropos of yesterday's hearing of the us china economic and security review commission I've just read before the program before teen age single-spaced testimony submitted by michael davis. That is there another admirable analysis. What's taking place and if you're new to the game that's wonderful place to start to but let's get the next question august. We'll take the next question from don clark. Please accept the on mute now. Prompt pie this actually just to answer jerry's question about a liability and there's an interesting kind of story there because when the national security law i came out of course everybody was asking this very question. What about you know. Foreigners non hong kong residents non-citizens who outside of hong kong You know make remarks You know allegedly promoting hong kong independence and the hong kong government put out a video featuring very charming young woman. Who said everybody's asking this question are known in. Are foreigners going to be reliable and You know this is the worst. You don't need to worry as long as you don't say anything. Subverting hong kong independence you're not liable. So they made very clear. Yeah the answer is yes. Non hong kong citizens outside of kong. Saying something that offends the hong kong government. You are liable so i think even passing through hong kong airport is probably not a wise idea. Thank or don. If i may just add that if you have commemorated the june fourth tenement massacring you could be charged for subversion which is what's happening to the leader of the hong kong alliance group done. I'm relying on the fact that i'll get a suspended sentence because find older..
"hong kong." Discussed on CFR On the Record
"It's a misleading of the public. And i want to hear what our experts say. The third question. I have is. We haven't mentioned the most recent development. Which is the effort by the government through writing a letter to a civic organization to insist that it reveal all its records going back decades. Its membership its finances foreign funds. It's received and i thought this law is not applicable as jared has emphasize it's not to be retroactive. But what should the defense do in these cases so they three issues. I'd love to hear some brief comments and then we regret audience. I'd like to talk to them so we need brief answers area. I'll i'll try to answer question. Two and free briefly You ask what is the roll off. The foreign nonpermanent judges in hong kong. And i agree with you that what i think. The question is what are they. Actually doing going to hong kong. First of all they will not be allowed to hear national security related cases. Because i'm in under the era of a patriots administrating hong kong okay Do you think they would regard. These foreign judges stayed being. Beijing asked patriots of china. That's ludicrous to say that. The british or australian judge will be regarded as a patriot. fit to administer hong kong especially when it comes to these national security cases so these judges will not be allowed to hear a national security cases. Where the rule of law is under most severe attack. they would have nothing to do with those cases. That's number one number two is. How much do these judges really understand. What's happening on the ground. go up to hong kong. Maybe one or two months per year. They lift than mandarin oriental with driver. And you know they go in and out of the court of final appeal building here a few cases which is across the street from there. A mandarin oriental sweet How much do they really know what's happening in hong kong on the round. They have no say over matches slight judicial promotion. They have no say over. Mattis of how cases assign damn no say over. Who gets to be on the list off national security judge it's Designated by the chief executive they have no say over traditional resources and funding from the government and they have no say over firstly every aspect which is important to the rule of law and judicial independence or they have. I'm sure is the chief justice tapping them on the shoulder. Say look just believe me. They're still the rule of law and judicial independence in hong kong much of assurance. Could that be Amedee's charges of very clever and smart people. I'm sure they can see for You know where the problems of the hong kong legal system and they just blind to it or simply doesn't care what just paying lip service. I don't know but you're jerry i mean. How much role can they play. I'm not saying that. They are not sincere in wanting to help. Hong kong uphold his roof lull but there comes a point where they are lending their name for the false legitimacy off a failed system..
"hong kong." Discussed on The World Next Week
"Conviction rate of the criminal legal system nevertheless we still persist and legal reform. So let us not dismiss article foreign five because of the imperfections of a un or international human rights system. The second suggestion are wanna say is that we need to maintain attention to the cases underway. It is complex overlap. Many of the thousands for the alab cases from two thousand nineteen or overlapping with the twelve. As well as the forty seven. So i think we really need to maintain attention to this. What happens to them. Democracy dies in darkness but the protection of the rights of the people in custody cannot also disappear into a black hole and this requires all of us to be paying. Attention are specific platforms. Perhaps jerry we can talk about and that is that could be deployed like the olympics. Twenty twenty two a hong kong upcoming iccpr review at the un and etc. But i i look forward to the discussion. And because there's quite a rich and diverse depths of expertise and i look forward to the passions and discussions l. We've heard a second very powerful than comprehensive statement. I'd like to begin the discussion by five o'clock a we have a few minutes for my own. Immediate questions In listening to these wonderful talks it seemed to me. there are three other issues. I'd like to hear more about first of all and this is a matter of concern to all of us taking art here is. Are we by holding this meeting in violation of the national security law hong kong. We haven't focused yet on the overseas. Reach that the pr. See the hong kong government claims to have in exercising jurisdiction of what we say outside of hong kong. We're not chinese nationals. Were not residents of hong kong at this point Do they have any rights at charge us. After i noticed the last time we had an in person roundtable that the council on hong kong were the speakers. Martin lee the great. Us civil libertarian. Lawyer and jimmy lai the publisher of the full of now been convicted. And martin is uh spirit. Jail at this point sees eighty two jimmy. Lai's a seventy three i think. And he's likely to be there the rest of his life. I was disappointed when we have that session. That are martin was his usual incisive fearless. Self jimmy lai will never met before was disappointingly. Moderate and at one point. I whispered to him. You could be outspoken here. The council is free. it was off the record Talk and for reasons. I couldn't understand. He seemed much more moderate than his image. So that's one question. What is the reach. Legitimate reach of this national security second and a dentist started to touch on this is what is the role of foreign judges. I supported e continuing participation on the court of final appeal of hong kong of the permanent of the non permanent judges from the uk and canada. Australia cetera. i've i changed my view since the national security though because i ask myself and others. Nobody's answered denison the physician to answer this What role do these aren judges. Play a court of final. He did they get to consider the bail. Application of jimmy lai. I didn't see them participating. Do they take part in these other issues. That our national security law cases or even sedition cases. Are they mere decoration. Are they just window dressing. And i think if i were asked and you notice they never ask. American common law people who were experts to serve interpret common law in the basic law of mean commonwealth. But if i were asked to serve or any american good. I wouldn't do this now. It's a misleading of the public. And i want to hear what our experts say. The third question. I have is. We haven't mentioned the most recent development. Which is the effort by the government through writing a letter to a civic organization to insist that it reveal all its records going back decades. Its membership its finances foreign funds. It's received and i thought this law is not applicable as jared has emphasize it's not to be retroactive. But what should the defense do in these cases so they three issues. I'd love to hear some brief comments and then we have a great audience. I'd like to talk to them so we need brief answers area. I'll i'll try to answer question. Two and free briefly You ask what is the roll off the foreign non-permanent judges in hong kong. And i agree with you. That what i think. The s the question is what are they actually doing going to hong kong. First of all they will not be allowed to hear national security related cases. Because i'm in under the era of a patriots administrating hong kong okay Do you think they would regard. These foreign judges stayed being. Beijing asked patriots of china. That's ludicrous to say that. The british or australian judge will be regarded as a patriot. fit to administer hong kong especially when it comes to these national security cases so these judges will not be allowed to hear a national security cases. Where the rule of law is under most severe attack. they would have nothing to do with those cases. That's number one number two is. How much do these judges really understand. What's happening on the ground. go up to hong kong. Maybe one or two months per year. They lift than mandarin oriental with driver and know day. Go in and out of the court of final appeal building here a few cases which is across the street from there..
"hong kong." Discussed on CFR On the Record
"The wolf characterization not mine beijing itself admitted it was the wolf and so did hong kong essay our government when it arrested a hong kong Social worker who published a book showing sheep and wolves so somebody was the wolf. So what's to be done. All of the actions that have been done. The the the the negative. The pew charitable trust it a june twenty twenty one survey showing that most of the public that have high negative perceptions of china and had percentages between seventy five sixty eighty six percent who viewed that china was not respecting the rights of his people. This was june twenty twenty one all of the statements of concern and condemnation by governments and ios international experts. All of this has not really slowed down the crackdown. So let me offer to quick suggestions. One is let's take article four and five seriously. use it or lose it. We cannot afford to throw the baby out with the bathwater and we cannot just simply dismiss a tool with the simple dismissal and For our participants who has spent decades working on legal reform in the mainland. I am inspired that. No one is giving up legal reform. Notwithstanding ninety nine percent plus conviction rate of the criminal legal system nevertheless we still persist and legal reform. So let us not dismiss article foreign five because of the imperfections of a un or international human rights system. The second suggestion are wanna say is that we need to maintain attention to the cases underway. It is complex overlap. Many of the thousands for the alab cases from two thousand nineteen or overlapping with the twelve. As well as the forty seven. So i think we really need to maintain attention to this. What happens to them. Democracy dies in darkness but the protection of the rights of the people in custody cannot also disappear into a black hole and this requires all of us to be paying. Attention are specific platforms. Perhaps jerry we can talk about and that is that could be deployed like the olympics. Twenty twenty two a hong kong upcoming iccpr review at the un and etc. But i i look forward to the discussion. And because there's quite a rich and diverse depths of expertise and i look forward to the passions and discussions. We've heard a second very powerful than comprehensive statement. I'd like to begin the discussion by five o'clock. A we have a few minutes for my own immediate questions In listening to these wonderful talks it seemed to me. there are three other issues. I'd like to hear more about first of all and this is a matter of concern to all of us taking art here is. Are we by holding this meeting in violation of the national security law hong kong. We haven't focused yet on the overseas. Reach that the pr. See the hong kong government claims to have in exercising jurisdiction of what we say outside of hong kong. We're not chinese nationals..
"hong kong." Discussed on CFR On the Record
"Collusion and other crimes are going back. Like in the case of jimmy lai back to twenty nineteen and then he in case of the hong kong alliance back three decades. I mean that is retroactive. So these are really serious. Legal issues of retroactive application. And the reason i raise it is i have been rather Concerned as a human rights lawyer by the way in which retro-activity has been raised and many of these discussions and then moves on as the other than that. Mrs lincoln. did you enjoy the show. Kind of segue. And i just don't understand how we don't pause. Stop dead right there and say whoa wait. What about richard activity. So let me let me say my conclusion before. I have to address germany's what's to be done. I don't think that it's so much mainland of human rights as the you know the p especially now since twenty seventeen under siege in pinks leadership is doing exactly what it says it would do and not what it promised to the hongkong people and to the international community if we the the assault on civil society media education sector the trade union sector and rule of law reflects clearly beijing's deployment of its full arsenal of social control tools in the service of a clear national agenda. And on that. I would say there's no vagueness no hiding the ball. And it's the rejuvenation of the chinese nation at all costs and the preservation of power by ccp as the prime directive and all of these developments were as to underscore dennis's poi- not only related to hong kong. They were all signaled. They were all signal if there had been the political will or the desire to read the signals in every single mainland law not only the national security law counterterrorism law the cyber-security law and all the regulations for example the regulations regarding newspapers which clearly said no news can be posted and opinions were considered news. Unless vetted and published i in an official outlet. No foreigners can serve as an editor and a chinese sector etc so all of this was already signaled and many of these laws had specific provisions which specifically said hong kong s. a. r. and macau were included in the scope of those earlier mainland laws. And they also in some of them included. Taiwan and said this law applies the on gong mccowan taiwan so this whole implementation structure. The appointment trusted mainlanders. The delegation to the chief. Executive that i have to say someone who clearly doesn't have the competence the knowledge and the understanding a basic legal concepts to be given the delegated responsibility an authority to be able to designate information as state secrets. That can't be reviewed state secrets that can't be reviewed are all serious normative. Operational in procedural deviations from international standards and all of these impact due process and transparency and accountability this currency e whose term is thankfully. I think coming to an end was worse than a fox. Appointed to guard the henhouse. This is a politically loyal quisling of a fox who is carrying out the orders of.
"hong kong." Discussed on CFR On the Record
"The same applies to education sector. How they are already going. After teachers who are have expressed liberal democratic used before and Going after them. So i say just make the point that That this kind of social engineering in hong kong similar in type. I think is is in the same bane as the social not is happening in china right now and you expect to see more. And i think the best way to protect what's going to happen to hong kong. These days is look at mainland china. Look at mainland china. What they're doing there. You can bet that the same kinda policy language. Same kind of You know a threats will be made by the hong kong government and the hong kong. Police you know you look at the film. Industry in hong kong film industry is now basically been told. The law is not being changed. A film could be censored on grounds of national security by the chief secretary. Now the chief secretary or is former secretary full security. And i would say he is. The most powerful person in hong government structure Moreso than chief excecutive op. Because he is in charge off determining who is a patriot and who's not a patriot which comes to the last part of what i wanna talk about is very quickly about judicial independence. A lot of people asking me. Is there still judicial independence in hong kong. Might answer is not look judicial independence. You cannot just look at superficial things like oh you know whether the judges was someone will call the judge on sunday night to say that case on monday morning. I expect you to the course. We know those kind of things won't happen doesn't happen in in such a to fashion when you look at tradition depend you need to look at the institution news. Look at the whole system a holistic. And i'll just say this. That judges have been told the chief justice when he visited beijing last month. A couple of months ago have been told that he is expected to implement the patriots. Patriots administering hong kong principle. And what we what. What we understand is of course. Patriotism is fine by by the central government. And if they you know they they stay disqualifying me on the same basis stock i. I'm basically not a patriot. I committed acts endangered national security. And that doesn't just a members in applies to any member of governmental service or civil service or indeed judiciary all everyone has to take oath e stays including judges.
"hong kong." Discussed on CFR On the Record
"In order to understand the concept of national security one has to look to the relevant mainland legal principles and guidelines to understand the concept national security. National security is much broader than the traditional concept of terrorist activity or a military security or political security the definition of national security in the mainland encompasses a lot more than the full criminal offenses under the national security law in hong kong and also the traditional areas that one it especially in the west think about national security in terms of terrorism in terms of bombings in terms of a terrorist attacks but national security in the context of china and also in context. Phone call includes everything from key economic sectors to achi industries that are in china it is finance aquaculture to cultural projects. In fact i called the speech of the secretary of hong kong. Who's the number two in government and also very important member Off the hong government also a member of the national security committee in hong kong. And he said this. In april about national security bill in fact the challenges that we are facing in this new era have gone beyond political security territorial security military security as conventionally perceived expensive National security has a direct bearing on people's interest in encompasses more than ten other key aspects. I aiguo including economic security cultural security social security technological security cybersecurity ecological security resource security nuclear security interest security and some emergent aspects like biosecurity and space and pola security So this is a speech not from a mainland show but from the hong kong chief secretary made in april during the national security education. Day which happens to be my birthday. the themes of. I'm sure that's just coincident..
"hong kong." Discussed on Factually! with Adam Conover
"Lobbying congress when it comes to human rights democracy act into the safe harbor act to provide refugees in asylum status to congress so this one layer emotionally that you talk about the museum. I think this is a great thing. I'm so glad that you went to the museum because one thing is that chinese to say that we chinese have five thousand years of history. This is why they go back to you. Know basically kind of like you know with the the first day even ending into prehistory time. Is this idea that you know. We have this long history. But most importantly the last Still retain multiple information on the diversity and the uniqueness of hong kong culture and also across rows between china and the rest of the world and also it is hyper cultural who A piece of land adds Was simultaneously chinese in british. What is happening now is that the museum is closed and it was closed. People stood in long lines to try to see the last the ticket last. Glimpse of this basic this. You know still the latest version of hong kong history because everyone knows that when they will open the museum of hong kong history. Everything's going to be changed is going to be. Verification of the communist party is going to be you know And also the hong kong used to be the site where for example doctor samir send who launched his revolution against the last ching dynasty. Hong kong was always this refuge of revolutionaries people fearful law. That's all those different chapters of history that beijing. Today's beijing doesn't like would be cloudy raised. This is part of this imposition of patriotic education. Any racial of hong kong's uniqueness that that makes me so sad. But i mean i'm i hate to be. You know the white american guy who visited a place once and i feel like i understand it but you know that. That museum really had a really strong impact on me And the fact that yeah the fact that it is closed now and isn't going to reopen the same way. I didn't know that until you said that. That's that's terribly sad. Because it was it was a very beautiful. Very beautiful thing i mean i love your. I love your optimism about about how you know. The fire will stay lid. And i believe that but you know this story is it contradicts the story that we like to talent america about democracy and freedom. Which is you know. Our version of the story is when people rise up and you have a mass movement. You know We that's that's how democracy starts how that's freedom flourishes and around the world. That story has not gone the way that we think it. Should you know if you talk about the arab spring you know There's other examples around the world. I think this is. This is one of them it. It's i don't know it's it's it's hard to It's hard to feel heartened by it. It's easy to be to be depressed by it. Quite writes About upon congress whether they the installing hong kong outside a lot i think hong kong people is a whole experience system. Make posed. What does it post traumatic syndrome and many people actually suffer from depression. A lot of friends like this and so it. It's definitely true but what is interesting isn't it..
"hong kong." Discussed on Factually! with Adam Conover
"Of course hong kong people were not so stupid. Were bit skeptical. You've beijing was going to keep the promises but stan if you're not given the choice you're not really given any say on what you know what is possibly which is not acceptable. But this is the only thing. Take it or leave it. And then so many people including myself. The time was like okay. You know this is what we have to live with. And at the same time also. That's the joints decoration. Promised tonkin people would be able to hong kong. And that's essentially also gave rise to this hong kong democracy movement while the future is going to be written by us and so in the mid one thousand nine hundred eighty s there was also this flourishing of civil society and political groups trying to really rice the future because they signed a british joins decoration would have to be turned into a a basic law hongkongers mini-constitution but promulgated by beijing only. I should note start to hong kong by the time. Enjoy a lot of freedoms but it's not quite democracy. So this is why why the emergence of a democracy movement really stimulated by this british joins decoration. It's not a lot of people were saying. You know the British shoot london. You're so hypocritic. Now you keep talking about democracy but you get really give hong kong people democracy. I wants to add that every step of the way. Whenever britain on the to introduce some measure of democracy to hong kong beijing object so immediately in the mid eighties hong kong people were mobilizing to try to get democracy because people already understood at the time that the freedoms and rice that punk and people were enjoying time with not really be protected without some octopussy so the united kingdom began to introduce representative government in hong kong but then beijing objected. And then you came back down So so to me. It sounds like the really important part. Is that hong kong had a very distinct political culture at this point that there were these freedoms rights a civil society. I assume you had professors writing about the importance of democracy and free speech..
"hong kong." Discussed on Russia Rising
"Am feeling very very proud of hong kong today because we have once again Proved that first of all we off. He spoke If there is no police no violence. That is what we have proof today and also We have flu proved our flexibility and our ability to overcome all these challenges that have been thrown into away by the hong kong and beijing government. Ho was born in hong kong but moved to montreal as a child in nineteen eighty eight. She i developed a taste for activism during the quebec referendum in nineteen ninety five the following year. She returned to hong kong to take part in the new talent singing awards. It's an annual televised contest. Sort of like hong kong's version of american idol Talk much to her surprise. Ho won the contest and she chose to remain in hong kong to pursue her musical career. Eventually she became one of the city's biggest pop stars and activists in twenty twelve. She was the first hong kong celebrity to come out as a lesbian. She later became a director of stand news. A pro-democracy digital news outlet and a couple of years ago. Oh even addressed the united nations calling for china to be removed from the human rights council despite being interrupted a couple of times by a chinese diplomat. China is denying its obligations. The one-country-two-systems is nearing steph. Protests are still ongoing. There's a point of order. I give to china for her efforts. Oh has faced both arrest and significant commercial backlash but she soldiered on marching among the crowds at protests after protests calling on the international community including her former home and native land to stand on guard for hong kong really. I think this is a very global issue. That we are facing. There is not enough pressure from whether it's the canadian government or even the british or Everywhere i think i can understand that. The economy and the economic side of things where countries they have been tied With china on on the financial side and then No somehow not these governments. They might think that there is not much they can do. But you know we all this global community and if countries came together to deal with the situation then i think they are things that can be done. Western leaders seemed reluctant to get involved but many voice their support for the peaceful protests in hong kong canadian prime minister justin trudeau said. He was extremely concerned about the situation in hong kong and called for authorities there to listen to the very serious concerns brought forward by chinese citizens a few weeks after that massive protests in august twenty nineteen the hong kong government finally bowed to public pressure and formerly withdrew the extradition bill. A couple of months later in november hong kong held local elections which resulted in a stunning victory the pro democracy opposition in hong kong celebrating a landslide victory in local elections almost three million people. A record seventy one percent of voters went to the polls yesterday pro democracy candidates one eighty percent of the contested district council seats. Denise ho says that record voter turnout was. Thanks in large part to a surge of young hongkongers who had also been a major forest behind the demonstrations in the six months leading up to the election. Seventy three percent of voters under the age of thirty five cast a ballot the highest of any age group. I am so proud of our young generation because they have been leading us into these protests with the courage with The the the fearlessness. Face off the all kinds of police brutality that we have been seeing and so You know personally i. I'm choosing to stand by them and stand with them because they are safeguarding. The future of hong kong which is something that we should have done but after months of pro-democracy protests and that stunning election results in twenty nineteen. The chinese communist party had seen enough and then beijing stephan. That's j. c. Again a hong kong resident from montreal whom we heard from earlier when i first met him twenty nineteen he and many other protesters were happy to provide their names and show their faces for interviews. But not anymore. Jc asked us not to reveal his last name pointing to hong kong's new national security law which he says changed everything it crystallized the fact that we end reach a point of no return. China's national security law went into effect on july first twenty twenty and it dramatically expanded the chinese central government's powers in hong kong. The law covers four key. Areas of criminal activity secession subversion terrorism and collusion with foreign or external forces. Immediately some hongkongers feared the law would empower authorities to arrest anyone who criticized the chinese government but the activists to the legislation was complicated by cova in nineteen j. c. says the pandemic provided cover for beijing to usher in the new legislation without worrying about sparking mass protests or even elections at the end of Twenty nineteen and into twenty twenty. Right we got into kovin and this actually gave a very good excuse for the government to to start by clamping down on any kind of mass gathering and then What was a big sign is that there was supposed to be elections. Which were postponed. And the argument was that we will postpone the elections because of cova. And and little that we knew damn is that it was actually to fully implement does and sal Measures the national security law or nsl also spawned the creation of a new chinese security agency in hong kong which was empowered to investigate cases and bring defendants to trial on the mainland. Those convicted under the nfl face. Maximum sentences of life imprisonment but china's foreign ministry said it would only be used to target very few.
"hong kong." Discussed on Russia Rising
"Union. Jack was lower. The chinese flag was raised in its place at midnight. The british government officially handed over responsibility for hong kong to the people's republic of china marking end of one hundred and fifty six years of british rule. But there was a catch on. Kong's handover agreement included a constitutional guarantee of special status for hong kong. It's called one country. Two systems chapter one article. Five of the hong kong constitution reads the socialist system and policies shall not be practiced in the hong kong. Special administrative region and the previous capitalist system and way of life shall remain unchanged for fifty years under the agreement on kong would essentially maintain. Its atonomy except in matters of foreign affairs. National defense it. Also guaranteed hongkongers would continue to enjoy democratic freedoms and human rights including freedom of speech assembly and the press hong kong was to be an a wasilla of civil liberties living in the shadow of authoritarian at the handover ceremony. Prince charles gave a speech. Signaling hope for the future. Britain is part of hong kong's history and hong kong is part of britain's history. We are also part of each other's future. We are confident that the ties between us will not only enjoy but will continue to develop and for a time they did. Hong kong prospered as one of the world's major financial hubs nicknamed asia's world city a capitalist gateway connecting communist china to the western world. And as i mentioned under the terms of the handover that one country two systems arrangement was to last for fifty years until twenty forty seven. But today you'd almost never know it but right now it's it's quite dire matt's. Jc he and his wife are canadians from montreal. They've been living in hong kong for twelve years. I i met the couple back in two thousand nine hundred nine when i was sent to hong kong to cover the protests against that proposed extradition bill. Jc and his wife were there fighting for their adopted home. Name must be supported must be helped in keeping the the lifetime they've been having been on. The protests against the extradition law began in march of twenty nineteen with the city at the government headquarters and the demonstrations continued every week for months and grew larger.
"hong kong." Discussed on Russia Rising
"Two million people a quarter of the city's population march through the streets. And i interview one of the most prominent members of the pro democracy movement then twenty two year old named joshua wong in the reason rally with two people inside dougherty from the generation of baby boomers to manuals from youngster. Elderly from grassroot upper class elites all we strike dougherty and he with alcoa on democracy and freedom by september twenty nineteen it appeared the pro democracy movement had won a major victory. The hong kong government withdrew the extradition bill. The protesters were filled with hope. Well what a difference a couple of years can make. We begin with that breaking news where in beijing china's parliament has reportedly passed a controversial national security law four hong kong dozens of pro democracy advocates for rounded up in simultaneous police raids hong kong democracy activist joshua wong has been arrested are jeff simple senior correspondent for global news and this is china rising episode seven hong kong.
"hong kong." Discussed on Front Burner
"The for philip as much as the umbrella movement rallied incredible support and really bound people together in a single hong kong identity. The demands made by protesters for more democratic elections. Were unmet and that was incredibly painful to deal with. I will suffering from the failure of two thousand fourteen us. Whoa because we try every single way of peaceful protests literally every single way like steel but way like sitting on there on the streets campaign talking to the government in the meeting room like this leader student either at a time one of them is less necessary which is in in those forty seven people arrested on the laterals kotil off. There's five student leader trying to negotiate with a that time carry them is one of the representatives. They try to talk with them in a meeting room and four or five got into the show after the umbrella movement and.
"hong kong." Discussed on Front Burner
"I think the moment when. I decided that i had no longer stay in. Hong kong was on august thirtieth in twenty nineteen. So that night after. I finish my dance. Performance wanchai. I was waiting for the bus to get home at that time. When i was waiting at the bus. Stop amass cket man in white t shirt show up out of nowhere and just beat me up with rattan cane further pressure social idea in order to do i was not alone at the bus. Stop like There were free men including me waiting for for the bus. Our standing in the middle of the line and that person managed to recognize me by the back by my back. Like i was not facing him that though he was attacking me from my back in a new at the point that it was not a random attack. Light is not some random terrorist attack attacking normal pedestrians but they were targeting me. And what made you so sure that you were being targeted. There were free people waiting at the bus stop and he was coming from the direction of the back and from the left hand side so i was not the person that is closest to him when he's reaching to me so i'm in the middle of the line but he managed to pick me out of the people that are. We were waiting for a bus and.
"hong kong." Discussed on Front Burner
"I am speaking to you at a moment of grave crisis. I'm jeff turner and this is recall. It's a series about history not the ancient past but history that still hot to the touch in this versus and i explore a revolutionary political movement. That brought a modern democracy to the brink. You can find recall how to start a revolution on the cbc. Listen app or wherever you get your podcasts. This is a cbc podcast. Hey i'm elaine. Chao one of the producers on the show it's been over a year. Since the national security law was implemented in hong kong and for so many hongkongers this law is really the bell that tolls for the death of democratic values into the territory more than sixty legislators activists journalists students have been charged under the national security law and many now face the possibility of life in prison and last week. The first person charged under that law was found guilty. Leeann tongyang kit was convicted of inciting secession and terrorism after riding a motorbike into police and flying a flag calling for hong kong's liberation last july back in april. I talked to jamie about a documentary. I made about the astronomical change. That's happened in hong kong. Since the national security law was enacted. The story seems particularly relevant now. Given the conviction many pro-democracy activists.