'World Must Speak Out Over Brutal Destruction Of HK'
"); jQuery("#212 h3").html("

"); });
2021-01-06 HKT 18:49
Chris Patten has urged the world not to turn a blind eye to the "brutal destruction" of Hong Kong, calling on the EU to abandon an investment agreement with China in light of Wednesday's mass arrest of 53 pro-democracy figures in the SAR.
In a statement released by the organisation Hong Kong Watch, of which Patten is a patron, the last British governor of Hong Kong accused the Chinese authorities of taking advantage of current "political and pandemic" distractions around the world.
He called on liberal democracies across the globe to "continue to speak out against this brutal destruction of a free society".
"Our thoughts, words and international actions should take account of the destruction of a free city in Asia with economic and human consequences. When terrible things are happening, we cannot simply look the other way," he said.
Patten also suggested that the European Union should rethink an investment pact with the mainland which was approved by EU ambassadors last month but is yet to be ratified by national governments or the European Parliament.
He said it was "inconceivable" that European politicians could still support the draft deal, adding that doing so would be "a massive strategic blunder" given that US president-elect Joe Biden is seeking international support to combat the "loutish behaviour" of the Chinese Communist Party.
Hong Kong Watch's chief executive, Benedict Rogers, also condemned Wednesday's arrests, saying they marked "a watershed moment when it comes to the use of the national security law".
"Statements of condemnation from the UK Government and likeminded democracies will no longer cut it," Rogers said, adding that governments should call for coordinated action, including Magnitsky sanctions, international lifeboat schemes, and an end to business ties with the mainland.
HSBC Launches TradeCash In Hong Kong To Accelerate Trade Finance Access
HSBC has launched a digital trade finance tool called HSBC TradeCash, allowing businesses in Hong Kong to upload sales ... Read more
HKEX And HKMA Launch Pilot On E-HKD For After-Hours Margin Payments
Hong Kong Exchanges and Clearing Limited (HKEX) and the Hong Kong Monetary Authority (HKMA) have launched a joint pilot... Read more
Can You Trust AI Agents To Stay Within Your Intent?
Checking someone’s ID at the door of a nightclub tells you who they are, but it does not tell you how they will behav... Read more
China CITIC Bank Taps Tencent Cloud For Fintech 2.0 Banking Push In Hong Kong
Tencent Cloud has signed a strategic cooperation agreement with China CITIC Bank International (CNCBI) to support the d... Read more
Payful Launches Cloud-Based Visa Charge Card Programme Via BPC SmartVista
Chinese cross-border payment company Payful has launched a cloud-native Visa charge-card programme for corporate and me... Read more
Hong Kong Banking Taskforce Convenes To Plan Northern Metropolis Financing
The Northern Metropolis Financial Advisory Taskforce held its inaugural meeting on 17 June to discuss the financing nee... Read more
