Taiwan Urges Beijing Not To Lead HK Into More Strife
"); jQuery("#212 h3").html("

"); });
2020-05-22 HKT 11:03
Taiwan's government urged Beijing on Friday not to lead Hong Kong into "bigger turmoil" due to wrong policy decisions, after the mainland proposed new national security legislation for the SAR.
Taiwan's Mainland Affairs Council said in a statement that the Chinese Communist Party has wrongly blamed external influences and Hong Kong independence "separatists" for the instability in the territory.
"The laws of any civilised society should be an umbrella to protect the people, rather than shackles on their freedom," the council said.
Taipei also urged Beijing to start dialogue with Hong Kong society.
Meanwhile, at the National People's Congress session at the Great Hall of the People, Premier Li Keqiang said Beijing will encourage the people of Taiwan to join it in pushing for "reunification".
"We will encourage them to join us in opposing Taiwan independence and promoting China's reunification. With these efforts, we can surely create a beautiful future for the rejuvenation of the Chinese nation," he said.
At the opening of the annual meeting, Li said Beijing will resolutely oppose and deter any separatist activities in Taiwan.
He added that the central government will also improve measures to encourage exchanges and cooperation between Taiwan and the mainland.
Following Li's comments, Taiwan's presidential office said the island will be "more determined" to defend democracy and freedom. (Additional reporting by Reuters)
Hong Kong Treasurers Among The Most Advanced Users Of Digital Currencies In APAC
Hong Kong treasurers are among the most advanced users of digital currencies across the Asia-Pacific (APAC), with finan... Read more
PhotonPay Raises US$40 Million In Series C To Expand Stablecoin Payments
PhotonPay has secured US$40 million in a Series C funding round led by Blockchain Capital to expand its stablecoin-focu... Read more
SFC FASTrack Targets 15-Day Approval For Eligible Overseas Funds
The Securities and Futures Commission (SFC) has revised its circular on FASTrack, a faster approval route for simple ov... Read more
Korea Fines Google And Apple About US$48M Over App Payment Limits
South Korea has fined Google and Apple a combined KRW 63.71 billion (about US$47.6 million) over app store rules. It is... Read more
SFC Sets Out Revised Risk Rules For Hong Kong Retail Funds
Hong Kong’s Securities and Futures Commission (SFC) has issued new guidance for the fund industry. It aims to help fi... Read more
What 20 Years Of Payments Says About The Next 20 | Jia Hang, Chairman, DCS
He sold UnionPay to Fifth Avenue jewellers with a crystal logo. Now Jia Hang is betting stablecoins will make payment e... Read more
