Business Standard

Hong Kong's Carrie Lam vows closer Beijing ties to revive economy

Lam said her administration's aim was to restore confidence following another tumultuous year

Hong Kong Chief Executive Carrie Lam, China
Premium

In a speech that was delayed in order for her to consult the Communist Party in Beijing, Lam said her aim was to restore confidence following another tumultuous year | PHOTO: REUTERS

Eric Lam & Iain Marlow | Bloomberg
Hong Kong Chief Executive Carrie Lam vowed to continue strengthening ties with China, using an annual policy address to defend Beijing’s tightening grip over the financial hub and announce new steps to boost economic links with the mainland.

In a speech on Wednesday that was delayed in order for her to consult Communist Party leaders in Beijing, Lam said her administration’s aim was to restore confidence following another tumultuous year. She spoke against the backdrop of a new wave of virus infections, an economy in deep contraction, worsening wealth inequality and political turmoil.

“The primary objective of this policy address is to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in