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Search resuls for: "James Pomfret Clare Jim"


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☆ Hong Kong leader aims to bolster prosperity, lure talent in policy address
  + stars: | 2022-10-18 | by ( James Pomfret Clare Jim | James Pomfret | Clare Jim | ) www.reuters.com   time to read: +3 min
HONG KONG, Oct 18 (Reuters) - Hong Kong leader John Lee will on Wednesday deliver his inaugural policy address that is expected to focus on reviving the city's credentials as an international business hub and on housing after extended COVID lockdowns and political upheaval. "We are now embarking on a new chapter for further prosperity and this is a new phase for Hong Kong," Lee said. "Hong Kong has emerged from chaos to order, and now we're moving from order to prosperity," added Lee, referring to pro-democracy demonstrations in 2019. Beijing responded to the protests with a sweeping national security law in 2020, prompting an exodus of Hong Kong residents to countries including Britain, that offered "lifeboat" citizenship schemes in response to the law. On the issue of housing, Lee has vowed to be "pragmatic" in increasing land and housing supply.
☆ Hong Kong leader says "no legal basis" to act on Russian superyacht
  + stars: | 2022-10-11 | by ( James Pomfret Clare Jim | James Pomfret | Clare Jim | ) www.reuters.com   time to read: +2 min
The 465-foot superyacht "Nord", owned by the sanctioned Russian oligarch Alexey Mordashov is seen docked, in Hong Kong, China October 7, 2022. REUTERS/Tyrone SiuHONG KONG, Oct 11 (Reuters) - Hong Kong leader John Lee said on Tuesday there was "no legal basis" for the city to act on Western sanctions, when asked about a Russian yacht berthed in the financial centre that belongs to a sanctioned Russian oligarch. Hong Kong authorities were criticised by the U.S. State Department for allowing a luxury yacht belonging to sanctioned Russian oligarch Alexey Mordashov to dock in Hong Kong waters last week. Instead, Lee said Hong Kong would only abide by United Nations sanctions. Officials in Hong Kong do what is right to protect the interests of the country and the interests of Hong Kong.
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