HK leader suspends extradition bill, says sorry

17-Jun-2019 Intellasia | AP | 6:00 AM Print This Post

But analysts say China also has to weigh the risk of seeing Hong Kong, a vital port and financial centre of 7 million people, possibly losing its special economic status.

Under the 1992 US-Hong Kong Policy Act, Beijing needs to abide by its “one country, two systems” promises to respect the territory’s legal autonomy for 50 years as promised under the agreement signed with Britain for the 1997 handover.

Already, many here believe the territory’s legal autonomy has been significantly diminished despite Beijing’s insistence that it is still honoring those promises.

Prosecutions of activists, detentions without trial of five Hong Kong book publishers and the illegal seizure in Hong Kong by mainland agents of at least one mainland businessperson are among the moves in recent years that have undermined that

Provided by The Associated Press Hong Kong's Chief Executive Carrie Lam speaks at a press conference in Hong Kong Saturday, June 15, 2019. Lam said she will suspend a proposed extradition bill indefinitely in response to widespread public unhappiness over the measure, which would enable authorities to send some suspects to stand trial in mainland courts. (AP)

Provided by The Associated Press Hong Kong’s Chief Executive Carrie Lam speaks at a press conference in Hong Kong Saturday, June 15, 2019. Lam said she will suspend a proposed extradition bill indefinitely in response to widespread public unhappiness over the measure, which would enable authorities to send some suspects to stand trial in mainland courts. (AP)

In may well be in China’s interest to help Hong Kong’s role as a financial centre to grow in importance given the current extreme trade tensions with the US

Much hinges on whether protests persist or again turn violent, Courtis said.

“That is a limit, a brake of common sense of how far Beijing would push these things,” he said. “The last thing Beijing wants, with all this trouble with Washington, is that Hong Kong boils over.”

https://sg.news.yahoo.com/hong-kong-edge-pressure-grows-020052270.html

 


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