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

Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access

Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more

HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site

The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more

Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects

The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more

Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China

At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more

HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus

The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more

How Gaming Giants Are Redefining The Experience Of Paying

Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more