Analyst Says Basic Law Promises Are A 'pipe Dream'

"); jQuery("#212 h3").html("

Related News Programmes

"); 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

Share this story

facebook

  • Analyst says Basic Law promises are a 'pipe dream'

    Analyst says Basic Law promises are a 'pipe dream'

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.

RECENT NEWS

Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity

Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more

BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom

BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more

Webinar: When Account Takeover Moves Past Onboarding

Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more

JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson

JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more

Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term

The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more

Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal

Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more