Eric Chan, head of Hong Kong’s chief secretariat, criticised foreign politicians for threatening to impose sanctions on bankers attending a global financial summit in the city next week, saying that such threats demonstrate how the West would exploit any opportunity to stifle China and Hong Kong’s development.
According to the Chinese tabloid South Cina Moreng Post on Saturday, the administration is getting ready to hold the global investment summit for financial executives, the biggest event of its kind to be hosted in Hong Kong since the outbreak of Kovid -19 nearly three years ago.
About 200 global financial leaders from more than 100 key organisations, including banks, securities firms, private stock firms, and investment capital, are anticipated to attend the summit.
The group’s leaders or chief executives will represent more than 40 of major worldwide organisations.
After democratic American Senator Jeff Merkeley and Congressman Jim McGiv alleged that the participating executives would be “complicit” in human rights crimes by the governments of China and Hong Kong, Hong Kong Lee Ka Chey’s adviser defended the event.
When asked about the threats made by the two individuals, Chan responded, “This indicates that the United States and other Western nations utilise all extremist measures to repress China, including Hong Kong. We are merely planning a typical financial summit, but they make a connection between it and human rights and freedom of expression in the hopes that only the event would be successful.
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In response to the warning of American lawmakers, a spokesman for the CEO’s office said that the government will support the monetary authority in the summit management; Which will be “a positive impact on the steady development of the global financial market and the economic recovery of the city. “.
American threats to bankers attending the Global Investment Summit for Financial Leaders are criticised by Hong Kong
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