Merkel Raises Concern About Hong Kong Situation
"); jQuery("#212 h3").html("

"); });
2020-09-30 HKT 18:25
German Chancellor Angela Merkel on Wednesday accused China of "poor and cruel treatment" of minorities and underlined deep concerns over the crackdown on dissent in Hong Kong.
In a speech at the Bundestag a day before a European Union summit, Merkel vowed to bring up rights issues and Germany's worries over the situation in the former British colony in any future dialogue with Beijing.
"Of course we have to bring up our different opinions in talks," said Merkel, whose country currently holds the rotating presidency of the EU.
"That's why we have flagged up our deep concern about the development in Hong Kong. The principle of One Country, Two Systems stands but again and again it's being undermined.
"We will bring that up, as well as the poor and cruel treatment in part of the rights of the minorities in China."
She did not name the minorities bearing the brunt of poor treatment but activists have accused China over the mass internment of Uighur Muslims in Xinjiang.
More than one million ethnic Uighurs and other minorities have been herded into internment camps to undergo political indoctrination, according to rights groups and experts.
China insists the camps are training centres aimed at providing education to reduce the allure of Islamic radicalism.
Beijing is also under fire over a security law it imposed on Hong Kong in June that radically increased its control over the financial hub and led to a brutal crackdown on dissent. (AFP)
China To Inject US$44 Billion Into State Banks To Boost Tech And Curb Risks
China said it will inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic r... Read more
Hong Kong Regulators Expand GenAI Sandbox To Insurance, Securities And MPF Sectors
The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandato... Read more
South Korea To Cap Crypto Exchange Ownership At 20%
South Korean regulators and lawmakers have agreed to cap major shareholder stakes in cryptocurrency exchanges at 20%, d... Read more
DBS Hong Kong Partners With Know Your Customer To Automate SME Onboarding
Know Your Customer Limited, a provider of automated business verification solutions, has partnered with DBS Hong Kong t... Read more
Hong Kong Banks Extend Loan Repayment Relief For Tai Po Fire Victims
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have met to discuss additional su... Read more
Hong Kong And Macao Deepen Financial Cooperation With Updated Agreement
The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting on March 3 to strengt... Read more
