onsdag 27. mai 2020

Hong Kong's richest man Li Ka-shing defends China's plans for security law

Hong Kong's richest man has defended China's plan to introduce a national security law in the semi-autonomous city, a move that has reignited mass protests and renewed questions about the future of the global business hub. Billionaire tycoon Li Ka-shing said in a statement Wednesday that "it is within each and every nation's [sovereign] right to address its national security concerns."

"We probably need not over-hypothesize it," he continued. "Hopefully, the proposed new law can allay the apprehension Beijing's central government felt in Hong Kong, and from thereon, a positive outlook can begin to prevail." Li, who is nicknamed Hong Kong's "superman" and until 2018 led the CK Hutchison (CKHUY) conglomerate, first made the remarks to local news outlets, according to company representatives.