Hong Kong convicts Jimmy Lai
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Jimmy Lai spent decades criticizing China’s rulers. He faces up to life in prison after a court found him guilty of national security crimes.
United States President Donald Trump has personally appealed to Chinese President Xi Jinping to release imprisoned Hong Kong pro-democracy media tycoon Jimmy Lai, saying he was deeply concerned about the 78-year-old’s health following his conviction.
Hong Kong's last major opposition party disbanded on Sunday after a vote by its members, the culmination of Chinese pressure on the city's remaining liberal voices in a years-long security crackdown.
Jimmy Lai, the publisher of a popular tabloid, has spent years fighting the landmark national security case brought over his support of the city’s now vanquished pro-democracy movement.
Caution prevails as investors weigh China’s growth prospects after key economic data showed a deceleration across the board.
Not long ago, Hong Kong’s share-sale market was a symbol of China’s slowdown: Deal books were thin, investor sentiment was sour and bankers were fleeing the industry. This year, the script has flipped.
These problems first took root as China prepared to assume control of Hong Kong from Britain, in 1997. Concerned that the transition would scare off foreign investors, Chinese leaders tried to woo real-estate tycoons and other business elites by giving them key roles overseeing the city’s future governance.
Arm China is among the fifth batch of companies brought to Hong Kong by OASES, which has so far drawn more than 102 firms.