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Hong Kong "suspends," but doesn't scrap, proposed extradition law; over a quarter of the residents take to streets in protest

Jun 17, 2019

We Crunch the Numbers, You Make the Trade.We Crunch the Numbers, You Make the Trade.
We Crunch the Numbers, You Make the Trade.We Crunch the Numbers, You Make the Trade.

 

  • Hong Kong chief executive Carrie Lam “suspended” the proposed law that would allow for extradition of alleged criminals back to mainland China to face justice
  • She made the announcement after travelling to mainland China to meet with Chinese officials
  • The move was expected to quell the dissent seen last weekend
  • Importantly, the proposed law was not canceled, just “suspended indefinitely,” and residents made clear they were not happy
  • Over 2 million Hong Kong residents took to the streets this weekend to make their unhappiness known, far surpassing last weekend’s crowds
  • More than a quarter of the residents of Hong Kong took to the streets, the biggest protest since Hong Kong returned to Chinese rule 22 years ago
  • Sunday evening the Hong Kong government said, ““The Chief Executive clearly heard the views expressed in a peaceful and rational manner”

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  • Residents continue to fear the loss of their western-style legal protections and freedoms with the passage of this law
  • Lam added Sunday evening that she was sorry for causing “substantial controversies and disputes in society,” but protesters did not seem to care, they called for her removal
  • The proposed law, while supported by Beijing, was crafted and pushed by Lam, in an effort to craft closer ties to Beijing
  • Past protests have been led by younger residents, but this past weekend saw many different segments of society take to the streets in opposition
  • Beijing is not in a tough spot-it must either offer some type of compromise with the protesters or run the risk of more and more protests
  • Events in Hong Kong threaten China’s desire to project an image of peace, strength and unity as it faces down the US in the trade war
     

 

 

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