HKSAR officials hit back at US false assertions

HONG KONG: Senior officials of China’s Hong Kong Special Administrative Region (HKSAR) hit back at the so called “business advisory” issued by the U.S. government and the false allegations by U.S. Secretary of State Antony Blinken on the national security law in the HKSAR.
Hong Kong remains an open and free economy, underpinned by the rule of law and a robust regulatory regime, HKSAR Chief Executive Carrie Lam said, noting that Hong Kong’s status as an international financial center has not changed and business confidence has not been shaken.
Lam urged the United States to view Hong Kong matters in an honest and fair manner, instead of intimidating businesses and individuals with the “business advisory.”
Chief Secretary for Administration of the HKSAR government John Lee said the national security law has played a key role to restore stability in Hong Kong, which is conducive to maintaining a favorable environment for investment and business activities, thus facilitating economic development and prosperity.
The unfounded allegations and the publicity stunt against the business environment of Hong Kong are clear attempts to create trouble out of nothing and intimidate investors, he said.
Paul Chan, financial secretary of the HKSAR government, said the financial data clearly showed that investor confidence in Hong Kong has not wavered even a bit in the past year. – Agencies