Australia 'seriously Concerned' About HK Overhaul
"); jQuery("#212 h3").html("

"); });
2021-03-12 HKT 15:23
Australian Foreign Minister Marise Payne on Friday expressed serious concern about Beijing's planned changes to Hong Kong's electoral system, saying the overhaul will weaken Hong Kong's democratic institutions.
"It is essential that Hong Kong people have channels to exercise their fundamental freedom of political expression," Payne said in a statement.
The National People's Congress on Thursday approved a draft decision to change the SAR's electoral system, introducing a new mechanism to vet politicians' loyalty to Beijing.
The United States on Thursday condemned the changes and forecast "difficult" talks with China's top diplomats next week.
There are about 100,000 Australian citizens living in Hong Kong, one of Australia's largest expatriate communities.
Former Hong Kong pro-democracy lawmaker Ted Hui arrived in Australia on Monday, after fleeing Hong Kong late last year, and said he planned to lobby for the pro-democracy movement. (Reuters)
Vietnam And South Korea Launch Cross-Border QR Payments
Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more
WeChat Pay Integrates With Local QR Networks In 5 Asian Countries
WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more
Global Transition Finance Ecosystem Gains Momentum
The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more
Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea
Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more
Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI
Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more
Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation
Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more
