President Xi Backs Carrie Lam At Shanghai Meeting

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

"); });
2019-11-05 HKT 02:30
President Xi Jinping has backed Hong Kong's Chief Executive Carrie Lam as the anti-government protests in Hong Kong continue into their fifth month.
The two met in Shanghai on Monday, where Lam is attending the China International Import Expo.
After hearing Lam's report on the situation in the SAR, Xi said the central government had a high degree of trust in Lam and fully acknowledged her work and that of her team.
Xi said the priority for Hong Kong was to restore order and punish those responsible for the violence. He also said there should be a dialogue with all sectors of society and that livelihoods should be improved.
Xi said he hoped people from all walks of life in Hong Kong would implement "One Country, Two Systems" and the Basic Law.
On Sunday, the SAR government unexpectedly said Lam would head to the capital on Tuesday. There, her agenda includes talks on Wednesday with Vice-Premier Han Zheng and a meeting of the group that is discussing the central government's vision for the Greater Bay Area.
The Secretary for Constitutional and Mainland Affairs Patrick Nip is accompanying Mrs Lam. She will return to Hong Kong on Thursday.
Why Financial Crime Keeps Rising, Even After $200 Billion In Compliance Costs
Despite spending over $200 billion globally on compliance, financial crime continues to surge. AI, deepfakes, and scam ... Read more
Cathay United Bank Launches First Private Banking Operations At Taiwans New Asset Management Hub
Taiwan has launched a new Asset Management Hub in Kaohsiung, aimed at accelerating the development of onshore private b... Read more
OCBC Hong Kong To Launch Serial Entrepreneur Financing By End-2025
OCBC Hong Kong has announced a new financing initiative by OCBC Group aimed at supporting serial entrepreneurs in Hong ... Read more
Hex Trust CEO Joins Hong Kongs Web3 Task Force
Alessio Quaglini, CEO and Co-founder of Hex Trust, has been appointed as a non-official member of the Hong Kong SAR Gov... Read more
E-Wallets Vs Digital Banks: Whats The Winning Fintech Model In Southeast Asia?
At Money20/20 Asia, we sat down with Jaykie Tan, Head of Business Development APAC at Mambu, and Cecilia Tan, Regional ... Read more
Hong Kong Introduces Anti-Scam Charter 3.0 To Tackle Online Financial Fraud
The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and... Read more