CS Says 'some' Foreign Businesses Back Extradition

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

Related News Programmes

"); });

2019-05-26 HKT 12:32

Share this story

facebook

  • The Chief Secretary Matthew Cheung was writing on his blog. File photo: RTHK

    The Chief Secretary Matthew Cheung was writing on his blog. File photo: RTHK

Chief Secretary Matthew Cheung says he has managed to convince 'some' foreign businesses to back the government's contentious plans to amend Hong Kong's extradition laws, during meetings last week to assuage widespread concerns about the bill.

The international business community has been among the most vocal opponents of the planned extradition law changes, which would allow the transfer of fugitives to places with which Hong Kong has no extradition agreement, like the Mainland, Macau and Taiwan. Organisations like the American Chamber of Commerce have warned that this could hit Hong Kong's reputation as a business hub, while many foreign governments, legal experts, journalists and activists are worried that Beijing could abuse the arrangement to target political enemies.

But Cheung reiterated in his blog that there'll be ample oversight by local courts, and people's rights will be protected. He said as part of the government's campaign to dispel 'unnecessary' fears, he held 'in-depth' and 'candid' meetings with foreign business chambers. Afterwards, he said some participants had stated that they now support the legal changes, and think the amendment is a 'demonstration' of the rule of law in Hong Kong. However, he gave no specifics.

Despite this apparent turnaround, there remains much opposition to the move. Eleven representatives of the European Union lodged a formal protest against the bill directly to the Chief Executive, Carrie Lam, on Friday. However, she has said they didn't highlight any specific concerns, and Tam Yiu-chung, a member of the National People's Congress Standing Committee, says it was 'unreasonable' for the EU officials to have issued the diplomatic note. He told reporters he thinks they have been misled by the United States over the matter, and that Washington is trying to use the controversy to undermine China amid the Sino-US trade dispute.

RECENT NEWS

How Core Modernisation Is Paving The Way For Invisible Banking

In an era dominated by digital innovation, the banking sector is evolving rapidly to meet the modern consumer’s deman... Read more

ZA Bank Financial Performance Shows Strong Growth, Reduced Losses Last Year

ZA Bank, a virtual bank in Hong Kong, has reported a substantial increase in its financial performance for the past yea... Read more

Elon Musk Impersonated In Suspected Quantum AI Crypto Fraud

The Securities and Futures Commission (SFC) has issued a public warning about suspected fraud involving the entity know... Read more

Why Hong Kong Is Primed For A Crypto ETF Breakthrough

In the dynamic landscape of global finance, Hong Kong has emerged as a frontrunner in innovative exchange-traded funds ... Read more

MixCare Health And Pacific Prime Collaborate On Digital Health Platform

MixCare Health, a Hong Kong-based digital health and wellness platform, has partnered with Pacific Prime, an internatio... Read more

Mox Bank Revenue Triples In 2023 Driven By New Services And Customer Growth

Mox Bank announced that it has tripled its revenue in 2023, driven by an increase in its customer base, deposits, and l... Read more