Patten Says World's Trust In Beijing Is At Stake

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

Related News Programmes

"); });

2019-06-15 HKT 01:45

Share this story

facebook

  • Chris Patten says Hong Kong's future as a financial centre could be undermined. Photo: AFP

    Chris Patten says Hong Kong's future as a financial centre could be undermined. Photo: AFP

Hong Kong's last colonial governor, Chris Patten, has warned that Beijing is putting its international reputation on the line by failing to live up to its commitments to the SAR.

In an article for the Guardian, Patten also called on the governments of western nations, especially Britain, to put pressure on the administration in Hong Kong to pull back from its proposal to allow extradition to any jurisdiction, including the mainland.

"As the former sovereign power, Britain has a debt of honour to Hong Kong," he wrote. "I hope that does not sound too old-fashioned a concept these days."

He warned that a failure to put the bill on hold and seek further public consultation would undermine Hongkongers' faith in the SAR's institution, and put at risk its reputation as an international financial centre.

He also urged Beijing to consider why a pro-independence movement had emerged in Hong Kong since the handover, though he stressed that the idea of independence was one that he had "always criticised".

"For China, what is at stake is whether in future the rest of the world will be able to trust it to keep its word," he wrote. "If it breaks its commitment to Hong Kong, where else can it be trusted?

"Sometimes it is difficult to avoid the rather gloomy thought that we are seeing the emergence of a superpower that does not believe in individual human rights. So much for the China dream."

RECENT NEWS

SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion

SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more

4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA

The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more

Ripple Launches RLUSD Stablecoin In Japan Through SBI Group

Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more

SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan

SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more

Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences

Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more

European And South Korean Banks Form Project Pangea For FX Settlement

Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more