EU Denounces Overhaul Of HK Political System
"); jQuery("#212 h3").html("

"); });
2021-06-10 HKT 03:38
The European Union on Wednesday denounced Hong Kong's major overhaul of its political system as a breach by China of its international commitments and threatened to send a delegation to visit the autonomous city.
The possible move is likely to irk Beijing which might see it as an interference with its domestic affairs and may further sour relations after the EU put on hold an investment deal with China over concerns about Hong Kong, China's claims to sovereignty in most of the South China Sea, and the mass detentions of Muslim Uyghurs in northwestern China.
The EU "will intensify its response to the situation in Hong Kong, notably through increasing support to its civil society and media, promoting freedom of expression, facilitating mobility of Hong Kong citizens, as well as ensuring observation of the trials of pro-democracy activists in Hong Kong," the bloc's top diplomat Josep Borrell said in a statement.
"A visit of high-level EU officials will be considered," he added.
The legislative changes adopted by Hong Kong's lawmakers late in May will reduce the proportion of seats in the legislature that are filled by direct elections from half to less than a quarter. A new body will vet candidates and bar those deemed insufficiently patriotic towards China from standing. (Reuters)
Five Years In: Lessons From Asias Digital Bank Revolution | David Becker, MD APAC, Mambu
Digital banking in Asia was supposed to change the world. Five years later, did it live up to the hype? In this in-dept... Read more
19th Asian Financial Forum To Spotlight Finance And Global Opportunities
The 19th Asian Financial Forum (AFF), co-organised by the Hong Kong SAR government and the Hong Kong Trade Development ... Read more
HK Banks Launch Money Safe Service To Protect Deposits
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) announced on 30 December that all... Read more
HashKey Lists On Hong Kong Exchange
HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more
North Korea Linked To Over Half Of 2025 Crypto Heist Losses
TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more
South Korea Forms Task Force After Coupang Data Breach
The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more
