Analyst Says Basic Law Promises Are A 'pipe Dream'
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1385145_1_20180311094941.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1385145-20180311.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1385145-20180311.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-03-11 HKT 09:49
Political analyst Chris Yeung says the people of Hong Kong - like the West - have wrongly bet on China, thinking that President Xi Jinping will make the country more democratic, instead of steering it towards repression, state control and confrontation.
Speaking on RTHK's Letter to Hong Kong, Yeung says scrapping the two-term presidential limit means all the promises in the Basic Law are now fanciful.
"The promise of democracy, enshrined in the Basic Law, has become a pipe dream, among other promises," he said. "On the face of it, both Hong Kong and the West are losers in their bets on China."
But he went on to say that the ruling Communist Party could stand to lose even more if its success in economic reform and opening-up fails to bring progress towards a free, open and democratic China.
XTransfer Partners With Bank SinoPac HK To Expand Cross-Border Payment Services
XTransfer has entered into a collaboration with Bank SinoPac, through its Hong Kong Branch, to expand international ope... Read more
Standard Chartered To Launch Bitcoin And Ethereum Custody Services By 2026
Standard Chartered Bank (Hong Kong) participated in Hong Kong Fintech Week 2025 (HKFTW25) as a strategic partner, annou... Read more
HashKey And Kraken Form Partnership On Institutional Tokenised Assets
HashKey and Kraken have announced a strategic partnership to promote institutional adoption of tokenised assets. The co... Read more
Reap Expands Global HQ With New Office In Hong Kong
Reap, a global fintech company providing stablecoin-enabled financial infrastructure, has expanded its global headquart... Read more
HeyMax Debuts In Hong Kong, Partnering With Cathay To Drive Regional Growth
Loyalty and travel rewards platform HeyMax has made its first international launch in Hong Kong, partnering with Cath... Read more
