Tag: Hong Kong

China’s Travel Economy Is Slowly Coming Back. Here’s Where It Stands.

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Since China reopened its borders in 2023 after three years of Covid isolation, domestic travel has thrived and high-speed rail has grown increasingly popular. But international trips in and out of the country are lagging, and flight capacity is still just a third of prepandemic levels. The economic stakes are high. Before the pandemic, Chinese travelers were the world’s biggest spenders, accounting for 20 percent of global tourism spending, according to the United Nations World Tourism Organization. In the past year, the Chinese authorities have tried to spur more inbound…

Hong Kong Stocks Sink 4 Percent as China’s Economy Scares Investors

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China’s No. 2 leader, Li Qiang, traveled to Switzerland with a message for the titans of the business world gathered for the World Economic Forum. “Choosing the Chinese market is not a risk, but an opportunity,” Mr. Li, China’s premier, told an audience in Davos, Switzerland on Tuesday. But there’s a different sentiment about China playing out in the stock market and it’s not so optimistic. The worries over China’s economy have been visible for months in Hong Kong, where stocks plunged 14 percent last year. The new year hasn’t…

Jimmy Lai and the rule of law in Hong Kong | Letter

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Your editorial (The Guardian view on Jimmy Lai: this sham trial is another bleak day for Hong Kong, 18 December) claims that the trial of Jimmy Lai’s case is a political one, suggesting that the British government should have acted earlier to urge China to release Jimmy Lai. It smears the National Security Law for Hong Kong, alleging that political interference has caused foreign companies to leave Hong Kong, and talks down the region’s development. These allegations misrepresent the facts and mislead the public. The Hong Kong special administrative region…

Courtroom drama is Hong Kong’s highest grossing Chinese-language film ever

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Hong Kong’s highest grossing Chinese language film of all time is a Hong Kong-set courtroom drama exploring themes of power and justice in a city where many feel both have been abused in recent years. A Guilty Conscience, the directorial debut of the Hong Kong screenwriter Ng Wai-lun, tells the story of a single mother wrongly accused of murdering her daughter and the legal battle to clear her name. Released in January 2023, it earned HK$115m (£11.6m) at the Hong Kong box office last year, making it the highest grossing…

Jimmy Lai lawyers file UN appeal saying there is evidence witness was tortured

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The international legal team for the imprisoned media mogul Jimmy Lai, who is on trial for national security offences in Hong Kong, has filed an urgent appeal with the United Nations special rapporteur on torture regarding one of the key prosecution witnesses in Lai’s trial. Lai’s lawyers say there is “credible evidence” that Andy Li, a 33-year-old former pro-democracy activist, was tortured while in prison in mainland China before he confessed to allegedly conspiring with Lai to collude with foreign forces. That is one of the two national security law…

Hong Kong beat China at football for first time in 29 years

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Hong Kong have beaten China for the first time in 29 years in a friendly football match in Abu Dhabi. Hong Kong’s 2-1 victory over China comes as the former British colony prepares to participate in the Asian Cup for the first time since 1968, when the territory was still under British rule. Hong Kong was passed over from British to Chinese rule in 1997 and is now a “special administrative region” of the People’s Republic of China. But under the terms of the handover agreement, the territory is permitted…

Jimmy Lai pleads not guilty to all charges at Hong Kong national security trial

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Jimmy Lai pleaded not guilty to all charges at the resumption of his national security trial in Hong Kong on Tuesday. The media tycoon and pro-democracy activist is facing up to life in prison if found guilty on the charges against him, brought under the 2021 national security law and a colonial-era sedition law. Wearing a white shirt and a navy blue jacket, and surrounded by three prison guards in the defendant’s dock, the 76-year-old replied “not guilty” in English to each of the charges read out on Tuesday. He…

‘I already miss Hong Kong’: Democracy activist Tony Chung on fleeing to the UK

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One of the youngest people to be jailed under Hong Kong’s national security law has fled to the UK, where he claimed asylum in the early hours of Thursday morning. Tony Chung, 22, was released from prison in June but was required to meet regularly with Hong Kong’s national security police and abide by certain conditions, which included not leaving the territory without authorisation before June 2024. In December, he got permission from the Hong Kong’s correctional services department to take a short holiday to Okinawa, Japan, for Christmas, on…

Hong Kong Stocks Plunge to Losses for 4th Straight Year

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This summer, when Hong Kong’s stock market rout seemed to have no end in sight, the city’s financial chief, Paul Chan, jumped into action, creating a task force to inject confidence into a market that was being pummeled by global investors wary of China. Hong Kong cut taxes on trading and Mr. Chan went on a roadshow to Europe and the United States, promising measures to “let investors feel optimistic about the outlook.” Investors were anything but sanguine, however, and the city’s Hang Seng Exchange is among the world’s worst-performing…

Hong Kong Activist Flees to Britain, Citing Police Pressure

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A political activist in Hong Kong previously imprisoned under its sweeping national security law said he had fled to Britain and would apply for asylum there, becoming the second high-profile dissident this month to announce going into exile from the territory. The activist, Tony Chung, revealed on Thursday that he had arrived in Britain, and, in several social media posts, said that he had decided to leave Hong Kong after enduring oppressive restrictions, pressure to act as informant and severe stress after his release from prison in June. Mr. Chung,…