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HKSAR Government Rejects Forbes Article on Hong Kong's Economy

HK

HKSAR Government Rejects Forbes Article on Hong Kong's Economy
HK

HK

HKSAR Government Rejects Forbes Article on Hong Kong's Economy

2024-08-01 00:30 Last Updated At:01:56

HKSAR Government strongly disapproves of and rejects Forbes Magazine's misleading commentary involving Hong Kong

The Hong Kong Special Administrative Region (HKSAR) Government on July 31 strongly disapproved of and rejected Forbes Magazine's commentary titled "Hong Kong's Economy Is Now Risky Business". It cited a so-called report by an anti-China organisation, namely the Committee for Freedom in Hong Kong (CFHK) Foundation, fabricating false and unfounded narratives against the implementation of sanctions imposed by the United Nations Security Council (UNSC) and safeguarding of national security, etc. in the HKSAR.

"The HKSAR is an inalienable part of the People's Republic of China (PRC), and has all along been implementing fully the sanctions imposed by the UNSC pursuant to the instructions of the Ministry of Foreign Affairs of the PRC to fulfil our international obligations. The HKSAR Government has been closely monitoring the UNSC's latest adopted resolutions and sanctions lists, as well as reports and announcements of the relevant committees or panels of experts under the UNSC for follow-up actions. Certain countries may impose unilateral sanctions against some places on the basis of their own considerations. The HKSAR Government does not have the legal authority to, and it will not implement, unilateral sanctions imposed by other countries," a spokesman for the HKSAR Government said.

"Hong Kong has a robust system to implement sanctions imposed by the UNSC. Coupled with the vigilant investigation efforts of our law enforcement agencies which are effective and deterrent, a number of suspected Hong Kong-registered companies had been struck off, and suspicious vessels had been denied entry into Hong Kong waters. All these are conducive to preventing attempts to make use of Hong Kong as a base to violate UNSC sanctions, and hence safeguarding the international reputation of Hong Kong. Hong Kong will continue to maintain a stringent system of implementing the UNSC sanctions in accordance with the law. Exercising their statutory authorities, the law enforcement agencies will continue to proactively follow up on all suspected violations of the UNSC sanctions, and will institute prosecution when there is sufficient evidence.

"It is the constitutional duty of the HKSAR to safeguard national security. In accordance with international law and international practice based on the Charter of the United Nations, safeguarding national security is an inherent right of all sovereign states. Many common law jurisdictions, including the United States, the United Kingdom and Canada, have enacted multiple pieces of legislation to safeguard national security. Turning a blind eye to the fact and making blatant remarks, the anti-China organisation CFHK Foundation has demonstrated typical political hegemony and hypocrisy with double standards", the spokesman added.

"When discharging their duty to safeguard national security, the HKSAR law enforcement agencies have been taking law enforcement actions based on evidence and strictly in accordance with the law. The Department of Justice of the HKSAR makes independent prosecutorial decisions, and prosecutions are only commenced if there is sufficient admissible evidence to support a reasonable prospect of conviction and if it is in the public interest to do so. The HKSAR Judiciary exercises judicial power independently in accordance with the law. As guaranteed by the Basic Law and the Hong Kong Bill of Rights, all defendants charged with a criminal offence shall have the right to a fair trial by the Judiciary.

"It is incontrovertible that safeguarding national security will provide a better business environment for businesses operating in Hong Kong. The Hong Kong National Security Law and the Safeguarding National Security Ordinance clearly state that the principle of the rule of law shall be adhered to. The relevant laws have set out clear definitions and criminal elements, which will not affect regular exchanges between Hong Kong residents and people here for business with foreign countries.

"Under 'one country, two systems', Hong Kong enjoys the unique advantages of having the strong support of the motherland and being closely connected to the world, making our role as a 'super connector' and 'super value-adder' unrivalled. Hong Kong's highly open and international market, the common law system, regulatory regimes that align with those of the major overseas markets, and the free flow of information and capital, have made Hong Kong an ideal place for companies to expand their operations and talents to give full play to their strengths. The HKSAR Government is steadfast in safeguarding national sovereignty, security and development interests, fully and faithfully upholding this top priority of the 'one country, two systems' principle.At the same time, it protects the legal interests, rights and freedoms enjoyed by Hong Kong residents and other people in Hong Kong in accordance with the law, resolutelysafeguarding the overall interest of the community and the long-term prosperity and stability of Hong Kong, and ensuring the steadfast and successful implementation of 'one country, two systems'", the spokesperson reiterated.

Temporary traffic and transport arrangements at East Kowloon Corridor northbound and Kai Tak Tunnel (Kwun Tong bound) in early hours of September 15 and 29

The Transport Department (TD) today (September 9) reminded members of the public that the following temporary traffic and transport arrangements will be implemented on the East Kowloon Corridor northbound and Kai Tak Tunnel (Kwun Tong bound) from about 0.01am to 6.30am on September 15 and 29 to facilitate a film shooting:

(A) Road closures

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The following road sections will be temporarily closed to all vehicular traffic:

  • all traffic lanes of East Kowloon Corridor northbound;
  • the slip road of East Kowloon Corridor northbound to Kowloon City Road northbound; and
  • all traffic lanes of Kai Tak Tunnel (Kwun Tong bound).
  • (B) Traffic diversions

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    During the full closure of East Kowloon Corridor northbound and Kai Tak Tunnel (Kwun Tong bound), the following traffic diversions will be implemented:

  • Vehicles travelling along Chatham Road North northbound heading to Kowloon City Road northbound, via East Kowloon Corridor northbound and the slip road to Kowloon City Road, are advised to travel via Chatham Road North northbound, Ma Tau Wai Road northbound, Chi Kiang Street eastbound, Ha Heung Road northbound, Sheung Heung Road westbound and then return to the original route;
  • Vehicles travelling along Chatham Road North northbound heading to Sung Wong Toi Road westbound, via East Kowloon Corridor northbound, Kai Tak Tunnel (Kwun Tong bound) and the slip road to Sung Wong Toi Road, are advised to travel via Chatham Road North northbound, Ma Tau Wai Road northbound, Chi Kiang Street eastbound, Ha Heung Road northbound, Sheung Heung Road westbound, Kowloon City Road northbound and then return to the original route;
  • Vehicles travelling along Chatham Road North northbound heading to Kai Cheung Road eastbound, via East Kowloon Corridor northbound and Kai Tak Tunnel (Kwun Tong bound), are advised to travel via Chatham Road North northbound, Ma Tau Wai Road northbound, Ma Tau Chung Road northbound, Prince Edward Road East northbound, Kwun Tong Road southbound, Wai Yip Street southbound, Kai Fuk Road westbound and return to the original route;
  • Vehicles travelling along Chatham Road North northbound heading to Kai Fuk Road eastbound, via East Kowloon Corridor northbound and Kai Tak Tunnel (Kwun Tong bound), are advised to travel via Chatham Road North northbound, Ma Tau Wai Road northbound, Ma Tau Chung Road northbound, Prince Edward Road East northbound, Kwun Tong Road southbound, Wai Yip Street southbound, Kai Fuk Road westbound, Kai Cheung Road eastbound, Kai Shing Street northbound, Kai Wah Street eastbound, Wang Kwong Road southbound, Kai Cheung Road westbound and then return to the original route; and
  • Vehicles travelling along Chatham Road North northbound heading to Kwun Tong Bypass eastbound, via East Kowloon Corridor northbound and Kai Tak Tunnel (Kwun Tong bound), are advised to travel via Chatham Road North northbound, Ma Tau Wai Road northbound, Ma Tau Chung Road northbound, Prince Edward Road East northbound and then return to the original route.
  • (C) Bus and green minibus (GMB) route diversions

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    During the full closure of East Kowloon Corridor northbound and Kai Tak Tunnel (Kwun Tong bound), the northbound departures of KMB route Nos. 13X, 14X, 98D, 213X, 215X, 219X and 296D, Citybus route Nos. 795X and 796P, and Kowloon overnight GMB route No. 62S will be diverted. The bus stop of KMB route No. 13X and 213X at Kai Cheung Road eastbound near Kai Shing Street will be suspended. For other bus and GMB routes, en-route stops will not be affected. Please visit the TD's website (www.td.gov.hk/en/traffic_notices/index_id_77017.html) for details.

    The public transport operators will display notices to advise passengers on the special arrangements. Appropriate diversion signs will also be erected on-site to guide motorists.

    The TD anticipates that travel times at the road sections concerned will be slightly longer due to the diversion arrangements. Motorists should exercise tolerance and patience.Members of the public are advised to plan their journeys in advance and allow sufficient travel time to account for unexpected delays, and stay alert to the latest traffic news through the media or the TD's mobile application "HKeMobility" or website (www.td.gov.hk).

    Source: AI-generated images

    Source: AI-generated images

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