Patten Says World's Trust In Beijing Is At Stake
"); jQuery("#212 h3").html("
"); });
2019-06-15 HKT 01:45
Hong Kong's last colonial governor, Chris Patten, has warned that Beijing is putting its international reputation on the line by failing to live up to its commitments to the SAR.
In an article for the Guardian, Patten also called on the governments of western nations, especially Britain, to put pressure on the administration in Hong Kong to pull back from its proposal to allow extradition to any jurisdiction, including the mainland.
"As the former sovereign power, Britain has a debt of honour to Hong Kong," he wrote. "I hope that does not sound too old-fashioned a concept these days."
He warned that a failure to put the bill on hold and seek further public consultation would undermine Hongkongers' faith in the SAR's institution, and put at risk its reputation as an international financial centre.
He also urged Beijing to consider why a pro-independence movement had emerged in Hong Kong since the handover, though he stressed that the idea of independence was one that he had "always criticised".
"For China, what is at stake is whether in future the rest of the world will be able to trust it to keep its word," he wrote. "If it breaks its commitment to Hong Kong, where else can it be trusted?
"Sometimes it is difficult to avoid the rather gloomy thought that we are seeing the emergence of a superpower that does not believe in individual human rights. So much for the China dream."
Hong Kong FPS To Enable Small Cross-Border Payments With Mainland China By Mid-2025
The Hong Kong Monetary Authority (HKMA) has announced plans to connect the Hong Kong FPS with mainland China’s Intern... Read more
Asian Financial Forum Kicks Off In Hong Kong With Over 3,600 Attendees Expected
The 18th Asian Financial Forum (AFF) kicked off yesterday (13 January) at the Hong Kong Convention and Exhibition Centr... Read more
HashKey Group Secures In-Principle Approval For VASP License In Dubai
Hong Kong-based HashKey Group announced that its subsidiary, HashKey MENA FZE, has received In-Principle Approval (... Read more
IFAST Expands Offerings With Custodian Role For Private OFCs In Hong Kong
Fintech solutions provider iFAST HK can now act as a custodian for private Open-ended Fund Companies (OFCs). The OFC re... Read more
Hong Kongs Digital Banks Rethink Physical Branches To Improve Customer Experience
Some Hong Kong digital banks are rethinking their strategies and considering physical branches in Hong Kong, according ... Read more
WeLab Bank Hits Breakeven Four Years After Launch
WeLab Bank announced that it achieved breakeven in December 2024, just over four years after its launch. This update fo... Read more