Zhang Xiaoming Warns HK In Worst Crisis Since 1997

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

Related News Programmes

"); });

2019-08-07 HKT 11:38

Share this story

facebook

  • Zhang Xiaoming warns HK in worst crisis since 1997

In a rare meeting with local National People’s Congress delegates, the director of Beijing’s Hong Kong and Macau Affairs Office, Zhang Xiaoming, warned on Wednesday that the SAR is facing its “most severe crisis” since the handover.

Zhang, together with the head of Beijing's liaison office in Hong Kong, Wang Zhimin, were meeting around 500 people from the SAR, including NPC deputies, members of the CPPCC and pro-government lawmakers, at a seminar in Shenzhen.

It was the first joint meeting between the two office chiefs and local delegates since August 2014.

Journalists were allowed to attend the first ten minutes of the seminar when Zhang gave his opening remarks.

He said the anti-extradition saga and accompanying violence has been expanding in scale and intensity over the past two months, and the central government is extremely concerned.

Zhang said Beijing is “studying the events strategically” and hopes that the meeting with various sectors in Hong Kong will help the central government make decisions that are closer to the actual social situation in the territory.

RECENT NEWS

TOPPAN Edge Becomes Japans First Qualified VLEI Issuer

The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more

SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more

Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin

South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more

China Funds Research On Stablecoins And Cross-Border Oversight

China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more

XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership

XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more

Brinc Launches VentureVerse Through Acquisition Of OG Club

Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more