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China's leaders unite to boost confidence

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Hong Kong   /   Mon, September 16, 2019   /  02:45 pm
China's leaders unite to boost confidence The opening of 4 th Belt-and-Road Initiative (BRI) summit in Hong Kong. (Hong Kong Trade Development Council/File)

Senior officials of the Hong Kong Special Administrative Region and China used the 4th Belt and Road Initiative (BRI) Summit held here on Sept. 11 to 12 as an opportunity to reinvigorate international confidence in the city’s status and role as a global financial, logistics and business hub and as the gateway to the world’s second-largest economy. Hong Kong’s reputation has taken a beating from more than 14 weekends of antigovernment demonstrations, which were ignited by an extradition bill viewed as Beijing’s interference in the territory’s autonomy under its “one country, two systems” principle. The bill was finally withdrawn early this month. The leaders in Hong Kong and Beijing both seemed to increasingly realize the deep interdependence between the semiautonomous territory and mainland China, as Hong Kong Chief Executive Carrie Lam rei...

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