US Report Challenges Beijing Over HK Autonomy
"); jQuery("#212 h3").html("

"); });
2018-05-30 HKT 01:41
The US State Department has questioned Beijing's commitment to the ‘one country, two-systems’ principle saying it says one thing, but practises another when it comes to the SAR's autonomy.
The State Department said Beijing had publicly and frequently reiterated its commitment to "One Country Two Systems" but its statements and actions were inconsistent with the commitment to the SAR's high degree of autonomy.
It made the comment in its latest policy report, which is issued under a 1992 law to allow the US treat the SAR separately from the mainland for matters concerning trade export and economics control after 1997.
Among the examples the report gave were the stipulation that a law criminalising abuse of the national anthem or flag be adopted by Hong Kong and the approval of a plan to place mainland security agents and apply mainland law at the West Kowloon terminus of the express rail link.
It also cited the barring of British human rights activist Benedict Rogers from entering Hong Kong.
However, the US said Hong Kong still generally enjoyed a high degree of autonomy in most areas, and this was more than sufficient to justify the city's continued special treatment.
The SAR government has rejected the State Department’s comments, saying Hong Kong had been exercising a high degree of autonomy since the handover and Hong Kong people were administering the SAR "in strict accordance with the basic law".
"This demonstrates the full and successful implementation of the 'one country, two systems' principle, which has been widely recognised by the international community," it said in a statement issued on Tuesday night.
"Foreign governments should not interfere in any form in the internal affairs of the HKSAR."
OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October
OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more
The Race For Hong Kongs First Stablecoin Licenses Is Almost Over
I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more
HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets
Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more
Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion
Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more
Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong
Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more
Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea
Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more
