Recently, officials from the Central Government have engaged in multiple discussions with British consortia in Hong Kong, including Swire, HSBC, and Jardine Matheson. They underscored the government's unwavering commitment to accurately and comprehensively implement the principle of "one country, two systems," thereby supporting Hong Kong's unique status and advantages while ensuring a free, open, and regulated business environment. These officials encouraged sustained and significant investment in both Hong Kong and the Mainland.
On October 30, Cui Jianchun, Special Commissioner of the Ministry of Foreign Affairs in Hong Kong, met with Swire Group's Chief Executive Officer, Merlin Swire, and other representatives. Cui expressed gratitude for Swire's long-term commitment to both the Mainland and Hong Kong, emphasizing its crucial role in promoting the prosperity and stability of the region. He urged Swire to seize new opportunities arising from China’s deepening reforms and enhanced openness, fostering greater investment cooperation with both the Mainland and Hong Kong, and contributing positively to the healthy and stable development of China-UK relations.
Merlin Swire responded by affirming Hong Kong's continued unique advantages. He reiterated Swire Group's strong support for "one country, two systems," expressed optimism regarding Hong Kong’s development prospects, and committed to expanding investments in the region while promoting Hong Kong’s success story internationally to bolster its global appeal.
Xia Baolong, Director of the Hong Kong and Macao Affairs Office of the CPC Central Committee, has been meeting with leaders of British groups over the past six months to advocate for increased investment. On October 28, Xia met with Jardine Matheson Holdings' Executive Chairman, Benjamin Keswick, in Beijing. He expressed hopes that Jardine Matheson would enhance the international community's understanding of Hong Kong and build confidence through its collaborative development examples within the region. Xia commended the group for its positive outlook on the future of both China and Hong Kong and its active involvement in the reform and economic development of both.
Xia reiterated the Chinese government's steadfast commitment to the principles of "one country, two systems," "Hong Kong people governing Hong Kong," and a high degree of autonomy, affirming that these will remain unchanged for the long term. He stated that since Hong Kong's return, the original capitalist system, including the common law framework, has remained intact, and the lifestyle of Hong Kong residents has not altered. The Central Government will continue to support Hong Kong in reinforcing its status as an international financial, shipping, and trading hub.
Notably, Xia met with British consortia twice within a month. On October 18, he also engaged with HSBC Group Chairman, Mark Tucker, and his delegation in Beijing. Xia praised HSBC for its enduring optimism regarding the development of China and Hong Kong, emphasizing that the "one country, two systems" policy remains resolute, supporting Hong Kong's unique advantages and fostering a conducive business environment. He urged HSBC to play an active role in contributing to China’s high-quality development and high-level opening up, thereby enhancing Hong Kong's prosperity.
Following these discussions, HSBC took prompt action. On October 24, the bank announced its direct involvement in the RMB Cross-border Payment System (CIPS). The next day, David Liao, Co-Chief Executive of HSBC Asia Pacific, stated at the Swift International Banking Operations Conference in Beijing that this initiative, driven by customer demand, would facilitate overseas corporate clients' ability to trade and invest in Renminbi, thereby reducing costs and indicating significant potential for the global growth of the Renminbi.
As early as last year, Xia Baolong met with CLP Group Chairman, Michael Kadoorie, in Beijing, and with Swire Group CEO, Merlin Swire, in Shenzhen. Over the past year, Central Authorities have actively engaged with established British consortia to understand their perspectives and encourage greater investment in both Hong Kong and the Mainland. UK-funded consortia have responded positively, signalling their intent to increase investments in both regions and expressing optimism regarding their development prospects.
Ariel
** The blog article is the sole responsibility of the author and does not represent the position of our company. **
PORT-AU-PRINCE, Haiti (AP) — Haiti opened a new political chapter Thursday with the installation of a transitional council tasked to pick a new prime minister and prepare for eventual presidential elections, in hopes of quelling spiraling gang violence that has killed thousands in the Caribbean country.
Ariel Henry, the prime minister who had been locked out of the country for the past couple of months due to the violence, cleared the way for the transition by presenting his resignation in a letter signed in Los Angeles.
The document was released Thursday in Haiti on the same day as the new transitional council was sworn in to choose a new prime minister and Cabinet. Henry's outgoing Cabinet chose Economy and Finance Minister Michel Patrick Boisvert as interim prime minister in the meantime. It was not immediately clear when the transitional council would name its own choice for interim prime minister.
The council was officially sworn in at the National Palace in downtown Port-au-Prince early Thursday as the pop of sporadic gunfire erupted nearby, prompting some officials to look around the room. The council had been urged to seek a safer venue because gangs have launched daily attacks in the area.
Addressing a crowded and sweaty room in the prime minister's office hours later in Pétion-Ville, Boisvert said that Haiti's crisis had gone on too long and that the country now found itself at a crossroads. The members of the transitional council stood behind him, and before him, the country's top police and military officials as well as ambassadors and well-known politicians.
“After long months of debate ... a solution has been found,” Boisvert said. “Today is an important day in the life of our dear republic.”
He called the transitional council a “Haitian solution” and directing his remarks toward them, Boisvert wished them success, adding, “You are to lead the country to peace, to economic and social recovery, to sacred union, to participation."
After the speeches, the soft clink of glasses echoed in the room as attendees served champagne flutes toasted with a somber “To Haiti.”
The council was installed earlier Thursday, more than a month after Caribbean leaders announced its creation following an emergency meeting to tackle Haiti’s spiraling crisis. Gunfire heard as the council was sworn in at the National Palace prompted worried looks.
The nine-member council, of which seven have voting powers, is also expected to help set the agenda of a new Cabinet. It will also appoint a provisional electoral commission, a requirement before elections can take place, and establish a national security council.
The council’s non-renewable mandate expires Feb. 7, 2026, at which date a new president is scheduled to be sworn in.
The council members are Emmanuel Vertilaire for Petit Desalin, a party led by former senator and presidential candidate Jean-Charles Moïse; Smith Augustin for EDE/RED, a party led by former Prime Minister Claude Joseph; Fritz Alphonse Jean for the Montana Accord, a group of civil society leaders, political parties and others; Leslie Voltaire for Fanmi Lavalas, the party of former President Jean-Bertrand Aristide; Louis Gérald Gilles for the Dec. 21 coalition that backs former Prime Minister Ariel Henry; Edgard Leblanc Fils for the Jan. 30 Collective, which represents parties including that of former President Michel Martelly; and Laurent Saint-Cyr for the private sector.
The two non-voting seats were awarded to Frinel Joseph, a pastor, and Régine Abraham, a former World Bank and Haitian government official.
Augustin, one of the council's voting members, said that it was unclear if the council would decide to keep Boisvert on as interim prime minister or choose another. He said it would be discussed in the coming days. “The crisis is unsustainable,” he said.
Abraham, a nonvoting member, recalled the July 2021 assassination of President Jovenel Moïse, explaining that “that violence had a devastating impact.”
Abraham said that gangs now controlled most of Port-au-Prince, tens of thousands of the capital's residents have been displaced by violence and more than 900 schools in the capital have been forced to close.
“The population of Port-au-Prince has literally been taken hostage,” she said.
Gangs launched coordinated attacks that began on Feb. 29 in the capital, Port-au-Prince, and surrounding areas. They burned police stations and hospitals, opened fire on the main international airport that has remained closed since early March and stormed Haiti’s two biggest prisons, releasing more than 4,000 inmates. Gangs also have severed access to Haiti’s biggest port.
The onslaught began while Prime Minister Henry was on an official visit to Kenya to push for a U.N.-backed deployment of a police force from the East African country.
In his resignation letter, Henry said Haiti would be reborn. "We served the nation in difficult times," he wrote. “I sympathize with the losses and suffering endured by our compatriots during this period.”
He remains locked out of Haiti.
“Port-au-Prince is now almost completely sealed off because of air, sea and land blockades,” Catherine Russell, UNICEF’s director, said earlier this week.
The international community has urged the council to prioritize Haiti’s widespread insecurity. Even before the attacks began, gangs already controlled 80% of Port-au-Prince. More than 2,500 people were killed or injured from January to March, up by more than 50% compared with the same period last year, according to a recent U.N. report.
“It is impossible to overstate the increase in gang activity across Port-au-Prince and beyond, the deterioration of the human rights situation and the deepening of the humanitarian crisis,” María Isabel Salvador, the U.N. special envoy for Haiti, said at a U.N. Security Council meeting on Monday.
On Thursday, some Haitians said they didn't know that the country had a new prime minister and a transitional council in place. Others warily celebrated the new leadership.
“We don't ask for much. We just want to move about freely," said Guismet Obaubourg, owner of a dusty convenience story who lamented that his merchandise has been stuck at the port for two months.
As for Boisvert: “I don't know him personally, but as long as he does what he's supposed to do, provide security to the country, that's all that matters.”
In attendance at Boisvert's swearing in Thursday was Dennis Hankins, the newly installed U.S. ambassador. He said Thursday’s events were an important step for Haiti.
“In crisis, the Haitians are able to do tremendous things, so we’re here to help them,” Hankins said. “We won’t be the solution, but hopefully we will be part of helping those finding the solution.”
As part of that, he said the U.S. government was working to enforce export controls on weapons, many of which have found their way to Haiti, fueling the violence.
“The fact that many of the arms that come here are from the United States is indisputable and that has a direct impact,” Hankins said. “It is something we recognize is a contributing factor to instability.”
Nearly 100,000 people have fled the capital in search of safer cities and towns since the attacks began. Tens of thousands of others left homeless after gangs torched their homes are now living in crowded, makeshift shelters across Port-au-Prince that only have one or two toilets for hundreds of residents.
At the United Nations Thursday, World Food Program Deputy Executive Director Carl Skau said Haiti is suffering from a security, political and humanitarian crisis that is causing acute food insecurity for some 5 million people, or about half the population. The U.N. defines that as “when a person’s inability to consume adequate food puts their lives or livelihoods in immediate danger.”
“The situation is dramatic,” Skau told reporters. “Devastating crisis, a massive humanitarian impact, the worst humanitarian situation in Haiti since the 2010 earthquake.”
Rachel Pierre, a 39-year-old mother of four children, living in one of the capital's makeshift shelters, said, “Although I’m physically here, it feels like I’m dead.”
“There is no food or water. Sometimes I have nothing to give the kids,” she said as her 14-month-old suckled on her deflated breast.
Many Haitians are angry and exhausted at what their lives have become and blame gangs for their situation.
“They’re the ones who sent us here,” said Chesnel Joseph, a 46-year-old math teacher whose school closed because of the violence and who has become the shelter’s informal director. “They mistreat us. They kill us. They burn our homes.”
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Police escort musicians arriving for the swearing-in ceremony of a transitional council tasked with selecting a new prime minister and cabinet at the Prime Minister's office in Port-au-Prince, Haiti, Thursday, April 25, 2024. (AP Photo/Ramon Espinosa)
Police stand guard outside the office of the prime minister in preparation for the swearing-in of a transitional council tasked with selecting a new prime minister and cabinet, in Port-au-Prince, Haiti, Thursday, April 25, 2024. (AP Photo/Odelyn Joseph)
IDENTIFIES TRANSITIONAL COUNCIL MEMBERS - Ex-senator Louis Gerald Gilles, from left to right, pastor Frinel Joseph, barrister Emmanuel Vertilaire, businessman Laurent Saint-Cyr, interim Prime Minister Michel Patrick Boisvert, Judge Jean Joseph Lebrun, who is not a member of the council, former senate president Edgard Leblanc, Regine Abraham, former central bank governor Fritz Alphonse Jean, former diplomat Leslie Voltaire and former ambassador to the Dominican Republic Smith Augustin, pose for a group photo during an installation ceremony, in Port-au-Prince, Haiti, Thursday, April 25, 2024. (AP Photo/Ramon Espinosa)
Michel Patrick Boisvert, center, who was named interim prime minister by the cabinet of outgoing Prime Minister Ariel Henry, smiles after posing with members of a transitional council tasked with selecting Haiti's new prime minister and cabinet, in Port-au-Prince, Haiti, Thursday, April 25, 2024. Boisvert was previously the economy and finance minister. (AP Photo/Ramon Espinosa)
Interim Prime Minister Michel Patrick Boisvert speaks during the swearing-in ceremony of the transitional council tasked with selecting a new prime minister and cabinet, in Port-au-Prince, Haiti, Thursday, April 25, 2024. Boisvert was previously the economy and finance minister. (AP Photo/Ramon Espinosa)
Interim Prime Minister Michel Patrick Boisvert, fifth from left, poses for a group photo with members of a transitional council tasked with selecting a new prime minister and cabinet, in Port-au-Prince, Haiti, Thursday, April 25, 2024. (AP Photo/Ramon Espinosa)
Michel Patrick Boisvert, who was named interim prime minister by the cabinet of outgoing Prime Minister Ariel Henry, toasts during the swearing-in ceremony of the transitional council tasked with selecting Haiti's new prime minister and cabinet, in Port-au-Prince, Haiti, Thursday, April 25, 2024. Boisvert was previously the economy and finance minister. (AP Photo/Ramon Espinosa)
Michel Patrick Boisvert, who was named interim prime minister by the cabinet of outgoing Prime Minister Ariel Henry, attends the swearing-in ceremony of the transitional council tasked with selecting Haiti's new prime minister and cabinet, in Port-au-Prince, Haiti, Thursday, April 25, 2024. Boisvert was previously the economy and finance minister. (AP Photo/Ramon Espinosa)
Officials set up the podium before the the swearing-in ceremony of the transitional council tasked with selecting Haiti's new prime minister and cabinet, in Port-au-Prince, Haiti, Thursday, April 25, 2024. (AP Photo/Ramon Espinosa)
Michel Patrick Boisvert, center, who was named interim Prime Minister by outgoing Prime Minister Ariel Henry, attends the swearing-in ceremony of the transitional council tasked with selecting Haiti's new prime minister and cabinet, in Port-au-Prince, Haiti, Thursday, April 25, 2024. Boisvert was previously the economy and finance minister. (AP Photo/Ramon Espinosa)
Soldiers deploy outside the Prime Minister's office in Port-au-Prince, Haiti, Thursday, April 25, 2024. A transitional council tasked with selecting a new prime minister and cabinet is expected to be sworn-in on Thursday. (AP Photo/Ramon Espinosa)
Police stand guard outside the Prime Minister's office in Port-au-Prince, Haiti, Thursday, April 25, 2024. A transitional council tasked with selecting a new prime minister and cabinet is expected to be sworn in on Thursday. (AP Photo/Ramon Espinosa)
FILE - Haiti's Prime Minister Ariel Henry, right, attends a working session at the Canada-CARICOM Summit in Ottawa, Ontario, Oct. 18, 2023. Henry resigned on April 25, 2024, leaving the way clear for a new government to be formed in the Caribbean country. (Sean Kilpatrick/The Canadian Press via AP, File)
Soldiers deploy outside the Prime Minister's office in Port-au-Prince, Haiti, in preparation for the swearing-in of a transitional council tasked with selecting a new prime minister and cabinet, Thursday, April 25, 2024. (AP Photo/Ramon Espinosa)
