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.
Airwallex Yield Service Goes Live In Hong Kong
Airwallex has officially launched Airwallex Yield in Hong Kong on 18 June 2025, which it advertises to offer businesses... Read more
Alipay And Rokid Launch AR Glasses Payment Function For In-Store Payments In China
Rokid has launched its latest augmented reality device, Rokid Glasses. In China, the Rokid AR payment glasses support i... Read more
InvestHKs Gulf Cooperation Council Fintech Visit Spurs Strategic Partnerships
Invest Hong Kong (InvestHK) reinforced its role as a global business hub through a strategic visit to the Gulf Cooperat... Read more
Can Crypto Firms Catch Up On Compliance Gaps As Regulations Evolve?
As crypto adoption accelerates, regulators are ramping up enforcement of the Financial Action Task Force’s (FATF) Tra... Read more
OneDegree Eyes Global Growth With Middle East, Europe And Africa Next
Hong Kong virtual insurer OneDegree has made significant progress in the Middle East, securing 20 contracts since enter... Read more
IFAST Introduces Bondsupermart Live With Stock-like Trading Experience For Bond Investors
To address structural inefficiencies in bond markets, iFAST introduced Bondsupermart Live, a digital bond trading servi... Read more