Wednesday, February 21, 2024
 
 

Lam promotes Hong Kong in Davos as protests persist

EPA-EFE/JEROME FAVRE
Hong Kong Chief Executive Carrie Lam attends a press conference in Hong Kong, China, 07 January 2020. According to media reports, Lam said she hoped to work closely with Luo Huining, China's newly appointed top local official.

- Advertisement -

Hong Kong’s chief executive Carrie Lam tried to convince the world’s leaders that the city she is in charge of is open for business.
“Because after seven months of unrest, what has proven to be resilient is Hong Kong’s institutions and governance”, Lam said at the World Economic Forum in Davos, Switzerland, where she has arrived with a team of top officials.
She also expressed her disappointment by ratings agency Moody’s decision to downgrade the city’s credit rating by one level: “I am even more disappointed by their assessment of the Hong Kong situation, and their comment on the weak institutions and governance”, she said.
Hong Kong has been in crisis for months. Protests in the city began when people took to the streets to reject a bill that would have facilitated extradition to China. They are often followed by brutal crackdown by security forces. The bill has since been withdrawn, but pro-democracy demonstrations have continued.
“We are resilient. We are stable and investors still have confidence in us. The rule of law is sound in Hong Kong”, one of Hong Kong’s officials told the media.
Last month, China’s president Xi Jinping expressed his “firm support” for both Lam and the Hong Kong government. The country’s ruling Communist Party also replaced Wang Zhimin, its official in charge of relations with Hong Kong. Analysts criticised the move, which is seen as Beijing’s attempt to take more direct control of the city’s policy.

- Advertisement -

Subscribe to our newsletter

Latest

Romania sees Black Sea renewable hub, gas production growth

Ambitious projects and cross-border cooperation between the countries in...

Qatar, Kazakhstan to boost economic ties, energy projects

Qatar and Kazakhstan discussed economic cooperation between the two...

Bulgaria, Romania push regional renewable energy projects

Bulgaria is working with its neighbors to boost energy...

Kremlin disinformation efforts in Africa illuminated

The U.S. State Department released a report detailing Kremlin...

Don't miss

Romania sees Black Sea renewable hub, gas production growth

Ambitious projects and cross-border cooperation between the countries in...

Qatar, Kazakhstan to boost economic ties, energy projects

Qatar and Kazakhstan discussed economic cooperation between the two...

Bulgaria, Romania push regional renewable energy projects

Bulgaria is working with its neighbors to boost energy...

Kremlin disinformation efforts in Africa illuminated

The U.S. State Department released a report detailing Kremlin...

EU law banning greenwashing to empower consumers for the green transition

Companies can no longer market their goods using unfounded...

Washington strongly supports Manila in latest confrontation with Beijing

After a difficult year in the loosely defined maritime boundary region between China and the Philippines, including vessel collisions and Chinese use of water...

Why China’s new map has stirred regional tensions

In the waning days of summer, closely following a BRICS summit and mere days ahead of the Association of Southeast Asian Nations and Group...

IEA warns transitions bring new risks to energy security

Clean technology and critical mineral supply chains are highly geographically concentrated, the International Energy Agency warned in its World Energy Outlook for 2023 and...

Central Asian leaders travel to China to pay homage to Xi’s BRI vision

China’s leader Xi Jinping threw a 10th anniversary bash for the Belt & Road Initiative (BRI), his $1-trillion plan to leverage Beijing’s financial resources...

Can Central Asia escape China’s debt trap?

While Washington focuses on the war in Ukraine, Russia and China seek to expand their influence in regions where the US is not sufficiently...

Xi’s China could be more dangerous than Mao ever dreamed

China’s Communist Party, which has undergone a transformation back to its Maoist roots under Xi Jinping, has been caught off guard by the widespread...

Chinese operatives accused of supporting Huawei in the US

Chinese spies were conducting foreign intelligence operations to impede an ongoing investigation involving the technology and communications firm Huawei.

How China took over the WTO behind the West’s back

Last year marked the 20th anniversary of China’s entry into the World Trade Organization, a result that followed 15 arduous years of negotiations. Many...