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Month: July 2020

Posted on 01/07/2020

Hong Kong’s deferred vacancy tax carries a US$279 million price tag, adding to the financial woes of a recession-busting budget deficit

The lost revenue, equivalent to 11.1 per cent of the government’s 2020-2021 income from rates, comes as Hong Kong’s economy was driven into its worst recession on record by the US-China trade war, ... ( read original story ...)

Posted on 01/07/2020

Hong Kong Security Law Gives Beijing Broad New Powers

Hours after China’s legislature passed a new national-security law for Hong Kong, the city’s government published the complete document for the first time, revealing the full scope of legislation that ... ( read original story ...)

Posted on 01/07/2020

Hong Kong Activists Disband With Passage of China’s National Security Law

Fears over the fallout from Beijing’s new national-security law for Hong Kong swept through the city after its passage, with opposition activist groups dissolving their local presence and Western ... ( read original story ...)

Posted on 01/07/2020

Business Embraces Hong Kong’s Security Law. The Money Helps.

A flood of investment from China has tempered worries that Beijing’s tightening grip on the Asian financial capital would end its status as a lucrative place to do business. ( read original story ...)

Posted on 01/07/2020

U.S., allies deplore China’s new Hong Kong security law

China's passage of a national security law for Hong Kong drew international condemnation on Tuesday, with the United States and its Asian and Western allies criticising a move that heralds a more ... ( read original story ...)

Posted on 01/07/2020

The Mainstream Wakes Up To The Prospect Of A Banking Collapse

Frank Partnoy, an architect of the collateralized debt obligations (CDOs) that precipitated the 2008 financial crisis, now believes another systemic banking col ... ( read original story ...)

Posted on 01/07/2020

Hong Kong Publishes China’s Security Law Aimed at Crushing Protests

Hours after China’s legislature passed a new national-security law for Hong Kong, the city’s government published the complete document for the first time, revealing the full scope of legislation that ... ( read original story ...)

Posted on 01/07/2020

Hong Kong’s sweeping security law paves way for more authoritarian era

Beijing unveiled the national security law it is imposing on Hong Kong on Tuesday, punishing crimes of secession and sedition with up to life in prison and stoking concern it heralds a more ... ( read original story ...)

Posted on 01/07/2020

China passes sweeping HK security law, heralding new authoritarian era

Beijing unveiled its national security law for Hong Kong on Tuesday, punishing crimes of secession, subversion, terrorism and collusion with foreign forces with up to life in prison, heralding a more ... ( read original story ...)

Posted on 01/07/2020

Beijing tightens screws on Hong Kong as contentious new law goes into effect on handover anniversary

A contentious new national security law Beijing unilaterally drafted for Hong Kong has passed through China’s top lawmaking body Tuesday morning by unanimous decision. ( read original story ...)

Posted on 01/07/2020

China Warns Hong Kong Security Law Is ‘Sword Hanging Over Heads’ of Lawbreakers

Since the law was first introduced in May, it has received widespread criticism from human rights activists, lawmakers in Hong Kong and politicians across the globe. ( read original story ...)

Posted on 01/07/2020

Market analysts react to China’s new Hong Kong law

Beijing unveiled national security legislation tailor-made for Hong Kong on Tuesday, setting the stage for the most radical changes to the former British colony's way of life since it returned to ... ( read original story ...)

Posted on 01/07/2020

Twitter Accounts Deleted. Social Media Scrubbed. Spooked Hong Kong Braces for New Security Law

The Chinese Communist Party’s controls the mainland population partly by creating situations where people self-censor. Already there are signs of that in Hong Kong. Many signs. ( read original story ...)

Posted on 01/07/2020

US suspends export of sensitive tech to Hong Kong as China passes new national security law

The United States government began measures today to end its special status with Hong Kong, one month after Secretary of State Michael Pompeo told Congress that Hong Kong should no longer be ... ( read original story ...)

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