Tag: Lai, Jimmy

Where Are Hong Kong’s Leading Pro-Democracy Figures Now?

Media Library

In 2019, Hong Kong erupted into the most stunning expression of public anger with Beijing in decades. Protesters broke into the legislature and vandalized it. They bought full-page advertisements in international newspapers, criticizing the government. Lawmakers hurled unsavory objects in meetings to protest unpopular bills. In the years since then, China has waged an expansive crackdown on Hong Kong to crush the opposition. Beijing directly imposed a national security law on the city in 2020 that gave the authorities a powerful tool to round up critics, including a prominent pro-democracy…

In Hong Kong, China’s Grip Can Feel Like ‘Death by a Thousand Cuts’

Media Library

Once one of Asia’s most high-flying cities, Hong Kong is now grappling with a deep pessimism. The stock market is in the tank, home values have tumbled and emigration is fueling a brain drain. Some of the hottest restaurants, spas and shopping malls that local residents are flocking to are across the border, in the mainland Chinese city of Shenzhen. “It pains me to say Hong Kong is over,” Stephen Roach, an economist and a former chairman of Morgan Stanley Asia long known for his optimism about the city, wrote…

Hong Kong Democracy Figure Jimmy Lai Stands Trial After Long Delay

Media Library

Unlike other Hong Kong tycoons who were careful not to provoke China’s leaders, Jimmy Lai had long been a proud rebel. He founded a newspaper with a decidedly anti-Beijing slant. He was a prominent face at massive pro-democracy protests. He lobbied American officials to protest the city’s declining autonomy. Then, in 2020, Mr. Lai was arrested, becoming one of the first prominent targets of a national security law imposed by Beijing to crush the opposition. On Monday, after three years in prison and unusually lengthy procedural delays, Mr. Lai was…

What to Know About the ‘Hong Kong 47’ Trial and the National Security Law

Chin@Strategy

Vaguely worded and broad in scope, the law was crafted and enacted from Beijing. It quickly transformed life in Hong Kong. Boisterous demonstrations all but disappeared. Newsrooms were raided and shuttered. Labor unions, pro-democracy coalitions and other civil society groups disbanded, one after another. Chinese officials have used the national security law, as it is called, to crack down on dissent in Hong Kong, essentially discarding the “one country, two systems” pledge that guaranteed the city a high degree of autonomy after Britain gave it back to China. In the…

In Hong Kong, Jimmy Lai’s Next Digital Says It Has Been Forced to Close

Chin@Strategy

HONG KONG — Next Digital, a Hong Kong media company that has published vehement criticism of the Chinese government for decades, said on Sunday that it would take steps to shut down after an official crackdown had left it with no way to operate. In a statement, the company’s board of directors called for the liquidation of the company and said that they had resigned. “We have concluded that the best interests of shareholders, creditors, employees and other stakeholders will be served by an orderly liquidation,” it said, adding that…