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Chinese lawmakers endorse tighter control over Hong Kong

Chinese lawmakers endorse tighter control over Hong Kong

World
China’s ceremonial legislature has endorsed the ruling Communist Party’s move to tighten control over Hong Kong by reducing the role of its public in picking the territory’s leadersBy JOE McDONALD and KEN MORITSUGU Associated PressMarch 11, 2021, 10:14 AM• 4 min readShare to FacebookShare to TwitterEmail this articleBEIJING -- China’s ceremonial legislature on Thursday endorsed the ruling Communist Party’s move to tighten control over Hong Kong by reducing the role of its public in picking the territory’s leaders.The measure adds to a crackdown against a protest movement in Hong Kong calling for greater democracy. The crackdown has prompted accusations Beijing is eroding the autonomy it promised when Britain handed Hong Kong to China in 1997 and is hurting its status as a global financial ...
EXPLAINER: How a primary got Hong Kong activists in trouble

EXPLAINER: How a primary got Hong Kong activists in trouble

World
Hong Kong democracy supporters are being locked up in jail, charged with being a threat to national securityByThe Associated PressMarch 1, 2021, 10:03 AM• 3 min readShare to FacebookShare to TwitterEmail this articleHONG KONG -- Hong Kong democracy supporters are being locked up in jail, charged with being a threat to national security.Their arrests come under a new security law imposed on the semi-autonomous Chinese territory by Beijing that has largely silenced dissent in Hong Kong. China says the city needs stability after months of anti-government protests in 2019. Those now facing charges held a primary election for legislators picked through one of the last vestiges of direct democracy in Hong Kong.Some key questions about the arrests:HOW CAN A PRIMARY ELECTION THREATEN NATIONAL SECU...

Trading tax hike won’t harm competitiveness of Hong Kong’s stock market, says financial secretary

Finance
Signage for the Hong Kong Exchanges & Clearing Ltd. (HKEx) in Hong KongJustin Chin | Bloomberg | Getty ImagesHong Kong's plan to increase the stamp duty on stock trading will not harm the competitiveness of the city's financial markets, Financial Secretary Paul Chan told CNBC on Friday.Chan said in his budget speech on Wednesday that the government will raise the stamp duty paid on listed stock trades from 0.1% to 0.13%. The announcement sparked a sell-off in shares of the operator of the city's stock exchange, and the broader Hong Kong market.   "The Hong Kong market has been doing very well, very active, the volume has gone up quite a bit," Chan told CNBC's Emily Tan."So, perhaps this is the time for us to increase a little bit on the stamp duty which will not harm our comp...
The Latest: Hong Kong starts virus jabs at community centers

The Latest: Hong Kong starts virus jabs at community centers

Health
HONG KONG — Hong Kong has begun administering its first COVID-19 vaccines to the public, kicking off its mass inoculation targeting all 7.5 million residents.People age 60 and older and health care workers are among some 2.4 million people prioritized to receive vaccines at community centers and outpatient clinics across Hong Kong.The government said Friday registrations for the first two weeks of the program are full.Participants so far will be receiving the vaccine by Chinese biopharmaceutical firm Sinovac. A million doses arrived in the city last week, and Hong Kong leader Carrie Lam and other top government officials were vaccinated first in a bid to bolster confidence in the program.Hong Kong has struck deals to buy 22.5 million doses of vaccines from Sinovac, AstraZeneca and Fosun Ph...
Top Hong Kong court upholds government mask ban

Top Hong Kong court upholds government mask ban

World
Dec. 21 (UPI) -- Hong Kong's top court on Monday ruled in favor of the government's use of colonial-era emergency powers to institute a ban on face masks at protests, overturning a lower court's ruling that had found the prohibition unconstitutional. The five judges of the Court of Final Appeal unanimously ruled Monday that Hong Kong Chief Executive Carrie Lam was within her right in October of last year to use emergency powers not invoked since 1967 to ban face masks at protests, rallies and marches dealing a blow to the opposition. Advertisement The ruling overturns a judgement from the Hong Kong High Court, which said in November of last year that the ban was "incompatible" with the former British colony's constitution, stating the restriction on rights outweighed the danger masks pose...