Trump warns Beijing: Hong Kong risks losing its role as an international financial

Trump met en garde Pékin: Hong Kong risque de perdre son rôle financier international

WASHINGTON | Donald Trump warned on Tuesday that the controversial draft law that China wants to impose on Hong Kong was in danger of losing the territory to its status as an international financial centre, at a time when local authorities are trying just to reassure foreign investors.

The president of the United States is “unhappy” in the face of the intention of Beijing to deprive the ex-british colony to independence, explained the White House. According to him, ” it is difficult to imagine how Hong Kong can remain a financial capital if China takes control “.

The central power of china, filed on Friday in front of the Parliament a text which is very controversial to prohibit “treason, secession, sedition and subversion” in Hong Kong, which has again put the fire to the powder in the semi-autonomous region, as Beijing has asked Sunday his application ” without delay “.

Response of Beijing after months of mass demonstrations and often violent in 2019 in Hong Kong, it is also a response to the inability of local authorities to adopt this text, which had already led in the past to a lifting of shields.

Number of hong Kong people see as the most serious violation in the principle of “one country, two systems” which was supposed to guarantee them until 2047 freedoms unknown elsewhere in China.

A concern shared by some in western capitals and foreign investors, as was shown Friday, the strongest stall of the stock Exchange of Hong Kong in five years.

“No reason to panic”

The head of the local executive, Carrie Lam, at the head of a team aligned to Beijing, was, therefore, considered investors ‘concerns” without foundation “.

“The freedoms of Hong Kong will be preserved, and its dynamism, its core values in terms of the rule of law, independence of justice and freedoms will continue to be there,” she said.

The text, she added, ” can only target a handful of offenders, and protects the vast majority of residents who respect the law and love peace “.

Words that are similar to those held the previous day by the highest representative of China in Hong Kong, Xie Feng, who claimed to diplomats and foreign entrepreneurs that there was “absolutely no reason to panic” in the face of a law aimed at ” the violent forces and terrorists “.

For his part, the leader of the garrison of the chinese army in Hong Kong has warned that the law ” would punish any act of separatist “.

“The soldiers of the garrison have the determination, faith and ability to defend national sovereignty,” said Chen Daoxiang.

Hong Kong has experienced from June to December in its worst political crisis since its handover in 1997, with a challenge without precedent of the guardianship of china. This movement has been punctuated by violent clashes with the riot police.

Law on the national anthem

Beijing has never ceased to present this dispute as a conspiracy supported by foreign countries. The prodémocraties claimed that the street was the only way to be heard in the absence of universal suffrage.

While the protest was marked by the not because of the coronavirus, thousands of people have again demonstrated on Sunday in reaction to the draft law chinese.

The exact wording is not known, but the chinese Parliament had unveiled the main lines last week. He will be examined Thursday in Beijing, for an entry into force as possible this summer.

One point of concern is the provision that would allow chinese policemen to operate in Hong Kong, including the judiciary, however, is supposed to be independent.

Many see it as a risk of repression against the dissent, the laws against subversion are frequently used in China against critics of the regime.

Asked by a journalist to say if the chinese policemen could arrest protesters in Hong Kong, Ms. Lam felt that it was a view of the ” imagination “.

She added that the anti-government protests would continue to be permitted if they ” are legal “.

“Unleash Hong Kong, the revolution of our time “, had in the year 2019 was the rallying cry of protesters, who fear now that such a slogan will not be liable to prosecution.

On Wednesday, the local Parliament should consider a draft law criminalizing any insult to the chinese anthem.

The police has already strengthened protection around this complex which was, in June, the starting point of the dispute.

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