Showing posts from May, 2020

Trump says Hong Kong is no longer autonomous from China so he will end its trade privileges

Trump says the US will start to remove Hong Kong's trade privileges with the US, but gives no details on specific measures or a timetable. SCMP

NPC approves drafting of Hong Kong security law

NPC delegates voted almost unanimously to charge the NPC Standing Committee to go ahead and draft the law. Guardian

China to introduce security law through NPC

Li Keqiang announced that China would be putting in place laws and enforcement mechanisms for safeguarding national security in Hong Kong. Change seen in NPC agenda released Thursday, which included an item on improving national security in Hong Kong. FT SCMP

Hong Kong's GDP down 8.9% in Q1 2020

The government confirmed earlier reports of Q1 2020 GDP being down 8.9% compared with same quarter a year ago and down 5.3% compared with Q4 2019. Reuters Yoy GDP change, % 2018 Q1   4.6 Q2   3.5 Q3   2.9 Q4   1.2 2019 Q1   0.6 Q2   0.4 Q3  -2.8 Q4  -2.9 2020 Q1  -8.9

HKMAO calls protesters "political virus" which must be eliminated

Statement issued by the Hong Kong and Macao Affairs Office called protesters a “political virus”. It also said calm would not return to Hong Kong until “poisonous” and “violent” black-clad demonstrators are eliminated. Guardian