Expect A Government Reshuffle, Says Wu Chi-wai

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

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1491061_1_20191110080258.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1491061-20191110.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1491061-20191110.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-11-10 HKT 08:31
Democratic Party chairman Wu Chi-wai says he believes there will soon be a top-level government reshuffle as the anti-extradition crisis enters its sixth month.
Speaking on RTHK's Letter to Hong Kong, Wu said even though President Xi Jinping had showered Chief Executive Carrie Lam with praise when they met in Shanghai on Monday, that didn't mean Lam is here to stay.
"When Xi Jinping met with Carrie Lam this week, he expressed a high degree of trust in her and fully acknowledged the work of her and her governance team," he said. "However, Chinese politics can be ruthless, one could still be stabbed in the back even though a moment ago one was highly appreciated by the leader."
Wu said the former Chinese president Hu Jintao had praised Hong Kong's first Chief Executive Tung Chee-hwa for his work four days before the latter stepped down.
"History is bound to repeat itself. Hence how long Carrie Lam can stay in power is still questionable," Wu said.
Wu said a communique issued after last month's Communist Party plenum appeared to show that the Chief Executive would have to enact Article 23 national security legislation. He also said its wording also implied that Beijing would be taking full control of senior government appointments, making a reshuffle likely and reducing the SAR's autonomy. Wu claimed this stance was caused by fundamental misunderstandings about Hong Kong.
"Beijing’s national policy is increasingly leaning towards exercising overall jurisdiction over Hong Kong and they believe that the prosperity of Hong Kong can be maintained even when its uniqueness is gone," he said. "Beijing just doesn’t seem to understand that Hong Kong’s disappointment comes from Beijing repeatedly breaking its promises."
Wu said Hong Kong was purely fighting for Beijing to keep its word.
Why Financial Crime Keeps Rising, Even After $200 Billion In Compliance Costs
Despite spending over $200 billion globally on compliance, financial crime continues to surge. AI, deepfakes, and scam ... Read more
Cathay United Bank Launches First Private Banking Operations At Taiwans New Asset Management Hub
Taiwan has launched a new Asset Management Hub in Kaohsiung, aimed at accelerating the development of onshore private b... Read more
OCBC Hong Kong To Launch Serial Entrepreneur Financing By End-2025
OCBC Hong Kong has announced a new financing initiative by OCBC Group aimed at supporting serial entrepreneurs in Hong ... Read more
Hex Trust CEO Joins Hong Kongs Web3 Task Force
Alessio Quaglini, CEO and Co-founder of Hex Trust, has been appointed as a non-official member of the Hong Kong SAR Gov... Read more
E-Wallets Vs Digital Banks: Whats The Winning Fintech Model In Southeast Asia?
At Money20/20 Asia, we sat down with Jaykie Tan, Head of Business Development APAC at Mambu, and Cecilia Tan, Regional ... Read more
Hong Kong Introduces Anti-Scam Charter 3.0 To Tackle Online Financial Fraud
The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and... Read more