Defence Ministry 'keeping Close Eye' On HK Unrest
"); jQuery("#212 h3").html("

"); });
2019-07-24 HKT 12:17
The defence ministry said on Wednesday that it is keeping a close eye on the ongoing turmoil in Hong Kong, as it appeared to confirm that deploying the People's Liberation Army (PLA) to keep order is an option on the table.
Spokesman Wu Qian said at a press conference in Beijing that the ministry is "closely monitoring developments" in the SAR, referring to the weeks of protests over the now-suspended extradition law bill.
Asked whether the PLA could be deployed to help maintain order, Wu said only that Article 14 of Chapter 3 of the Garrison Law has clear stipulations regarding such a scenario.
Article 14 says the SAR government can ask the Hong Kong Garrison to send troops into the city to maintain public order if necessary.
He refused to answer questions from reporters as to what kind of scenario would warrant such a deployment.
Wu also reiterated Beijing's stance that the vandalism of the liaison office on Sunday night, which saw the building pelted with eggs and paint, cannot be tolerated.
"We've been closely monitoring developments in Hong Kong, especially the protest and violence on July 21, as well as the storming of the liaison office. The Hong Kong and Macau Affairs Office has already responded earlier that it is not acceptable for anybody to challenge the country's authority and the One Country Two Systems principle," he said.
The spokesman's comments came during a press conference to introduce a new white paper on national defence.
Hong Kong Treasurers Among The Most Advanced Users Of Digital Currencies In APAC
Hong Kong treasurers are among the most advanced users of digital currencies across the Asia-Pacific (APAC), with finan... Read more
PhotonPay Raises US$40 Million In Series C To Expand Stablecoin Payments
PhotonPay has secured US$40 million in a Series C funding round led by Blockchain Capital to expand its stablecoin-focu... Read more
SFC FASTrack Targets 15-Day Approval For Eligible Overseas Funds
The Securities and Futures Commission (SFC) has revised its circular on FASTrack, a faster approval route for simple ov... Read more
Korea Fines Google And Apple About US$48M Over App Payment Limits
South Korea has fined Google and Apple a combined KRW 63.71 billion (about US$47.6 million) over app store rules. It is... Read more
SFC Sets Out Revised Risk Rules For Hong Kong Retail Funds
Hong Kong’s Securities and Futures Commission (SFC) has issued new guidance for the fund industry. It aims to help fi... Read more
What 20 Years Of Payments Says About The Next 20 | Jia Hang, Chairman, DCS
He sold UnionPay to Fifth Avenue jewellers with a crystal logo. Now Jia Hang is betting stablecoins will make payment e... Read more
