Govt Rejects 'sweeping Remarks' By US About HK
"); jQuery("#212 h3").html("

"); });
2020-05-29 HKT 00:31
The Hong Kong government hit back on Thursday at what it called "sweeping remarks" in a "so-called report" issued by the US State Department.
In the report, released on Thursday, the State Department said: "China has shed any pretense that the people of Hong Kong enjoy the high degree of autonomy, democratic institutions, and civil liberties guaranteed to them by the Sino-British Joint Declaration and the Basic Law".
A Hong Kong government spokesman said: "These remarks misrepresented the constitutional relationship between the HKSAR and the Central Authorities, smeared the implementation of 'One Country, Two Systems' in Hong Kong and interfered in the internal affairs of the HKSAR."
The spokesman went on to say that Hong Kong is an inalienable part of the People's Republic of China, and is a local administrative region which enjoyed a high degree of autonomy and came directly under the Central People's Government.
The spokesman added that the National People's Congress is the highest organ of state power and by virtue of the nation's constitution, notably Articles 31 and 62, has the authority to establish a special administrative region and to promulgate by law the systems to be practised in the special administrative region.
In conclusion, the spokesman added: "The HKSAR Government hopes that the US Government would adopt a pragmatic attitude, and would, bearing in mind US' own interests in Hong Kong, refrain from interfering with the internal affairs of our nation and Hong Kong, and maintain her economic and trade policy towards Hong Kong."
On Wednesday, US Secretary of State Mike Pompeo notified Congress that the Trump administration no longer regards Hong Kong as autonomous from mainland China.
The notification to lawmakers sets the stage for the US to withdraw preferential trade and financial status that Hong Kong has enjoyed since its handover in 1997.
______________________________
Last updated: 2020-05-29 HKT 08:43
Ant Internationals Ant Bank And Bettr Selected For Hong Kongs GenAI Sandbox++
Digital bank Ant Bank and embedded financial solutions provider Bettr have been selected to participate in Hong Kong’... Read more
Visa And BOCHK Tapped For Hong Kong AI Sandbox To Test Agent-Initiated Commerce
Visa has announced that it is partnering with Bank of China (Hong Kong) (BOCHK) in the GenA.I. Sandbox++. With the Visa... Read more
Hong Kong Regulators Pick 36 Agentic AI Use Cases For GenA.I. Sandbox++
The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and... Read more
Finloop And Yunfeng Financial Become Latest Anchorpoint Authorised Distributors
Finloop and Yunfeng Financial have joined Anchorpoint’s HKDAP stablecoin beta access programme as authorised distribu... Read more
Standard Chartered Becomes First Bank To Distribute HKDAP Stablecoin
Standard Chartered Bank (Hong Kong) Limited (SCBHK) has become the first bank distributor of HKDAP, the Hong Kong dolla... Read more
Lianlian DigiTech Profit Doubles In H12026, Agent Wallet Pushes To Address Payment Needs
Lianlian DigiTech Co., Ltd, a payment service provider headquartered in China, reported its interim results for the fir... Read more
