Beijing Doesn't Owe HK Universal Suffrage: Carrie Lam

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

"); });
2021-11-25 HKT 17:57
Chief Executive Carrie Lam said on Thursday that it would be wrong for people to think that Beijing owes Hong Kong people universal suffrage.
Delivering a live-streamed lecture to teachers involved in citizenship and social development lessons, Lam said while the central government is very sincere in promoting democratic development in Hong Kong, the Basic Law states that selecting the chief executive by universal suffrage is only the ultimate aim.
"In recent years, many people pursuing so-called democracy would say that the central government owes us, if the CE is not chosen by one person, one vote. This concept is wrong," she said.
"Do you remember who Hong Kong's leader was before 1997? It was the governor sent by the UK government. Did we have an election or consultations, or did they ask Hongkongers? No. So this executive-led system headed by the chief executive is not something new... The Basic Law just continues that executive-led system."
Lam added that the idea of having civic nomination for CE candidates is unacceptable, since it is inconsistent with the Basic Law.
During her speech, Lam also said the SAR government and the education sector had not taught people about One Country, Two Systems well enough in the past, leading to misunderstandings about basic principles.
People who pit one country against two systems endanger national security, as well as Hong Kong's long-term prosperity and stability, she added.
South Korea Unveils Digital Asset Basic Act For Stablecoin Issuance
South Korea’s newly elected President Lee Jae-myung is pushing forward with plans to allow stablecoin issuance by loc... Read more
Octopus Taps Wonder As Its Omnichannel Payment Partner Across Hong Kong
Wonder, a payment and fintech platform, has announced its partnership as the purported first omnichannel payment facili... Read more
China And UAE Ink Deal To Boost Cross-Border Payment Cooperation
China’s Cross-Border Interbank Payment System (CIPS) and the Central Bank of the United Arab Emirates (CBUAE) have si... Read more
Hong Kong Approves Banking Amendment To Boost Data Sharing In 2025
The Government welcomed the Legislative Council’s June 4 passage of the Banking (Amendment) Bill 2025, aimed at impro... Read more
Citigroup Lays Off 3,500 In China As Part Of Global Overhaul
Citigroup is cutting 3,500 tech jobs in mainland China to streamline operations and cut costs. The Citigroup China layo... Read more
Hong Kong Expands Crypto Market With Derivative Trading For Investors
Hong Kong’s Securities and Futures Commission (SFC) will soon introduce virtual asset derivatives trading for profess... Read more