Australia To Offer 'safe Haven' To Hongkongers Soon
"); jQuery("#212 h3").html("

"); });
2020-07-02 HKT 11:21
Australia said on Thursday that it is actively considering providing safe haven to Hong Kong residents in response to Beijing’s sweeping new security law.
Prime Minister Scott Morrison said the situation in Hong Kong was "very concerning" and his government was "very actively" considering proposals to welcome in residents of Hong Kong.
Asked by a reporter whether Australia could extend an offer of safe haven, Morrison responded "yes."
He said the measures would soon be considered by his Cabinet, hinting strongly that it would be approved.
"We think that's important and very consistent with who we are as a people."
It comes a day after the United Kingdom announced a new route for those with British National Overseas status and their families to move there and eventually apply for citizenship.
Morrison said no final decision had been made on how Australia's arrangements would be structured, but the country was "prepared to step up and provide support" to Hong Kong residents.
Any offer is sure to further strain Canberra's relationship with Beijing, coming after repeated clashes between the two sides.
Most recently, Australia enraged China by calling for an independent investigation into the origins of the coronavirus pandemic.
Canberra has also pushed back against what it describes as China's economic "coercion", covert influence campaigns and the use of technology companies like Huawei as a tool for intelligence-gathering and geopolitical leverage.
China has warned its students and tourists against going to Australia, slapped trade sanctions on Australian goods and sentenced an Australian citizen to death for drug trafficking.
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more
Do Kwon Faces Possible Trial In Korea After US Conviction
Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more
Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin
Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more
KakaoBank Expands In Indonesia Through Superbank Partnership
KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more
