China lists Hong Kong housing among big focuses for next leader John Lee

20/6/2022 12:42:00 PM

China lists Hong Kong housing among big focuses for next leader John Lee - Bloomberg

China lists Hong Kong housing among big focuses for next leader John Lee - Bloomberg

(June 20): China handed down five big goals for incoming Chief Executive John Lee’s government to meet, as Beijing seeks to cement greater control over the Asian financial hub.The Hong Kong & Macau Affairs Office, China’s cabinet-level office overseeing the city, published the targets on Sunday, after approving Lee’s cabinet line-up. The statement, titled “New Team, New Atmosphere, New Chapter”, ordered Chief Executive Carrie Lam’s successor to do more to: Correctly implement “one country, two systems” Address issues of immediate concerns

A (June 20): China handed down five big goals for incoming Chief Executive John Lee’s government to meet, as Beijing seeks to cement greater control over the Asian financial hub..for the latest news you need to know.A (June 20): Veteran human rights lawyer Michael Vidler decided it was too dangerous to work in Hong Kong the moment a judge designated to handle national security law cases implied offering legal support to democracy activists could be a crime.

The Hong Kong & Macau Affairs Office, China’s cabinet-level office overseeing the city, published the targets on Sunday, after approving Lee’s cabinet line-up.The statement, titled “New Team, New Atmosphere, New Chapter”, ordered Chief Executive Carrie Lam’s successor to do more to: Correctly implement “one country, two systems” Address issues of immediate concerns for Hong Kong residents, such as housing Promote social development Integrate Hong Kong with the nation’s development Consolidate and improve Hong Kong’s international competitiveness The HKMAO also called for “clearer goals, greater courage and stronger measures” to ease the world’s most unaffordable housing market, where many live in tiny subdivided units or cage homes, and there’s a long wait for public apartments.While Beijing has blamed social unrest in the former British colony on such economic issues, solving the housing problem would require taming powerful local property tycoons.2 official.“The sixth term of the Hong Kong SAR government must be good at accurately implementing ‘one country, two systems’ principle in the practice of governance,” the statement said, referring to the city’s status as a special administrative region.It called on Lee’s administration to “write a new chapter” for the city’s development, by uniting the strengths of all sectors.” Vidler left Hong Kong in May after almost two decades working in the former British colony, and closed his law firm shortly after.

The statement was the latest the example of President Xi Jinping’s government taking a more hands-on role in Hong Kong in the wake of Lam’s tumultuous five-year tenure.Its measures still rank among the toughest, with at least a week’s hotel quarantine for overseas visitors and mandatory daily testing for tens of thousands of people.The HKMAO issued no such directives before Lam took power in 2017.Since then, Hong Kong has experienced huge anti-government street protests and strict Covid-related border controls that left it isolated.Hong Kong’s economy contracted 4% in the first quarter, one of its worst performances in the past 30 years.In recent years, China has imposed a national security law on the city and remade its electoral system so only Communist Party loyalists can hold power.Prominent barrister Margaret Ng was arrested over her work with a fund providing financial aid to activists, with police reporting other lawyers to their professional bodies for misconduct unearthed in that investigation.

Lee will be sworn into office on July 1 — the halfway mark in Beijing’s 50-year pledge to preserve city’s liberal financial and political systems — at an event that Xi might attend.The Hong Kong government announced Sunday evening that Lee’s cabinet selections had been approved by China’s State Council.Financial Secretary Paul Chan will stay in his post, while former director of the chief executive’s office, Eric Chan, has been named chief secretary, and Senior Counsel Paul Lam will head the Justice Department.“The central government places high hopes in them,” the HKMAO statement added.“Hong Kong society and the general public are full of expectations.P.

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