'Linking Fugitive Law With Businesses Far-fetched'

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

Related News Programmes

"); });

2019-05-08 HKT 16:56

Share this story

facebook

  • 'Linking fugitive law with businesses far-fetched'

  • Lawmakers Dennis Kwok (R) and Charles Mok said the government should withdraw the extradition bill immediately, saying the US report is a signal to Hong Kong. Photo: RTHK

    Lawmakers Dennis Kwok (R) and Charles Mok said the government should withdraw the extradition bill immediately, saying the US report is a signal to Hong Kong. Photo: RTHK

The government on Wednesday dismissed as "far-fetched" a US report that said the proposed changes to Hong Kong's extradition laws would affect the city's business environment and put all US citizens here at risk of rendition to the mainland.

Secretary for Commerce and Economic Development, Edward Yau, said on Wednesday the report does show the need for the government to explain the issue more, so that people will not misunderstand the bill.

He said Hong Kong puts a strong emphasis on its relationships with foreign countries, but "such relationships are not based on the views of a particular country or its congress", but rather on mutually beneficial relations.

Commenting on the report, New People's Party lawmaker Regina Ip said it is unnecessary for the US to express concern.

She said she thinks the report reflects US concerns that Beijing could move to extradite Americans to the mainland from Hong Kong after changes to the city's extradition laws are passed, as part of China's retaliation against Washington's prosecution of Huawei executive Meng Wanzhou.

But Ip said since the start of the current Sino-US trade dispute, no Americans have been detained or prosecuted by the mainland.

But Democratic Party lawmaker James To said he is deeply worried that the passage of the extradition bill would prompt the US to change its policy towards Hong Kong. To said that could seriously harm Hong Kong's status as an international financial centre.

Another pro-democracy councillor, Charles Mok from the Professionals Guild, said the report was a signal from the US to the Hong Kong government, and the Carrie Lam administrationcannot ignore what's going on.

Civic Party lawmaker Dennis Kwok, meanwhile, said the report not only reflects concerns from the US, but the entire international community. He said the SAR government must withdraw the bill immediately.

But in Beijing, Foreign Ministry spokesman Geng Shuang, dismissed the document, saying the "so-called report is not even worth refuting".

Geng said issues in Hong Kong are an internal matter of China and external forces shouldn't interfere. He also said the US congressional panel has always been biased against China.

RECENT NEWS

Is Hong Kongs Default Life Insurance Choice A Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more

91% Of Hong Kong Merchants Lose Revenue To Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more

Do Kwon Faces Possible Trial In Korea After US Conviction

Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more

Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin

Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more

KakaoBank Expands In Indonesia Through Superbank Partnership

KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more