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A lawyer for Meng Wanzhou wants the judge overseeing the Huawei executive’s extradition case to see evidence he claims will show the U.S. account of Meng's alleged crimes is misleading.
Hong Kong Gives HK$120 Billion Boost to Economic Recovery Bloomberg 2/24/2021 Eric Lam (Bloomberg) -- Hong Kong gave consumers a boost with spending vouchers and loans for the unemployed, while hitting investors with a planned tax hike on stock trading. Financial Secretary Paul Chan outlined HK$120 billion ($15.5 billion) of fiscal support in his budget Wednesday to spur consumption and ease joblessness in an economy that’s slowly recovering after two years of recession. To boost revenue, he proposed raising the stamp duty on trading to 0.13% from 0.1%, sparking a selloff ...
Hong Kong Court Keeps Jimmy Lai in Jail on Security Charges Bloomberg 2/18/2021 Kari Lindberg (Bloomberg) -- Another Hong Kong court has denied bail to media tycoon and democracy activist Jimmy Lai while he fights national security charges, a victory for Chinese authorities’ efforts to rein in dissent in the Asian financial center. High Court Judge Anthea Pang decided to keep Lai in jail after a hearing Thursday, the latest step in a constitutional battle over a China-drafted security law imposed on the former British colony in June. Earlier this month, Hong Kong’s highe...
Hong Kong’s top court ordered media tycoon Jimmy Lai to stay in jail ahead of his trial on foreign collusion charges, in a victory for Beijing that shows the city’s judges are unlikely to challenge a China-drafted security law.
N.Y. to Start Easing Curbs; Dutch Riot Over Curfew: Virus Update Bloomberg 1/25/2021 Bloomberg News © Bloomberg Government workers wearing personal protective equipment (PPE) talk to a resident in an area under lockdown in the Jordan area of Hong Kong, China, on Sunday, Jan. 24, 2021. Hong Kong imposed a temporary lockdown on thousands of residents for the first time to carry out mandatory testing of the coronavirus, with authorities warning the move will be repeated if needed to contain the outbreak. (Bloomberg) -- Vaccine coverage won’t reach a point that would stop ...