Global Politicians Condemn Beijing's Security Move

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

"); });
2020-05-24 HKT 03:15
A group of 199 politicians and policymakers from 23 countries have issued a joint statement condemning Beijing's move to implement a national security law for Hong Kong.
In the statement, issued in the early hours of Sunday Hong Kong time, they say the integrity of "One Country, Two Systems" is hanging by a thread, and warn that draconian laws will escalate protests here.
The signatories are led by Hong Kong's last colonial governor, Chris Patten, and the former British foreign secretary, Malcolm Rifkind. Other signatories include five US senators and lawmakers from Europe, India, Indonesia, Malaysia and Myanmar, as well as New Zealand, Canada and Australia.
In the statement, they describe the proposed national security law as a "comprehensive assault on the city's autonomy, rule of law, and fundamental freedoms. The integrity of one-country, two-systems hangs by a thread.
They add: "It is the genuine grievances of ordinary Hongkongers that are driving protests. Draconian laws will only escalate the situation further, jeopardising Hong Kong’s future as an open Chinese international city.
"If the international community cannot trust Beijing to keep its word when it comes to Hong Kong, people will be reluctant to take its word on other matters. Sympathetic governments must unite to say that this flagrant breach of the Sino-British Joint Declaration cannot be tolerated."
Rifkind said: “This is the most serious threat to the people of Hong Kong that there has been from the Chinese Government since 1997. The people of Hong Kong need, and deserve, our support."
Beijing has long dismissed comments by foreign politicians and diplomats on Hong Kong as unwarranted interference in China's domestic affairs.
The central government announced this week that the National People's Congress would vote on a draft of the proposed security law on Thursday.
Hong Kong and central government officials say the law is needed to combat what they call separatism and terrorism in the SAR.They say it will not undermine rights and freedoms in Hong Kong.
China CITIC Bank Launches Payment Connect Services To Support Cross-Border Transactions
China CITIC Bank International Limited (CNCBI) has announced it will introduce services and a customer offer related to... Read more
Eddid Financial Secures SFC Approval For Digital Asset Services
Hong Kong’s Eddid Financial has announced that its subsidiary, Eddid Securities and Futures, has received approval fr... Read more
Hong Kong Customs Uncovers HK$1.15B Virtual Asset Money Laundering Scheme
Hong Kong Customs has uncovered a suspected money laundering operation involving cash smuggling and virtual assets tota... Read more
Lendela Partners With TransUnion To Launch Free Credit Score Tool In Hong Kong
Lendela, a loan matching platform based in Hong Kong, has partnered with credit reference agency TransUnion through a c... Read more
Hex Trust Appoints Rohit Apte As Head Of Markets
Hex Trust, a digital asset financial institution specialising in custody, staking, and markets services, has appointed ... Read more
Scaling Across APAC: Why Cross-Border Payments Matter More Than Ever
In today’s digital-first economy, the Asia-Pacific (APAC) region has emerged as a global hotspot for fintech innovati... Read more