FINANCIAL ASPECTS OF THE POLITICAL CRISIS IN HONG KONG

2021 ◽  
pp. 112-117
Author(s):  
B.M. Cheskidov
Keyword(s):  
Hong Kong ◽  
People’S Republic Of China ◽  
Political Crisis ◽  
The Political ◽  
Special Administrative Region ◽  
People's Republic Of China ◽  
Republic Of China ◽  
Political Situation ◽  
Administrative Region

In article the interrelation of current political crisis in the Special administrative region of the People’s Republic of China Siangtan (Hong Kong) with change of its importance for transit of the capital from continental China in offshore jurisdictions and its return as part of transformation of a situation in the People’s Republic of China is considered. The conclusion about the serious financial reasons for development of crisis in the direction of strengthening of separatist sentiments in Hong Kong is drawn and related aggravation of a military-political situation.

The Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region

2020 ◽  
pp. 1-17
Author(s):  
Simon N.M. Young
Keyword(s):  
Hong Kong ◽  
National Security ◽  
Chief Executive ◽  
People’S Republic Of China ◽  
Special Administrative Region ◽  
People's Republic Of China ◽  
Republic Of China ◽  
Administrative Region ◽  
Basic Law ◽  
The Law

The Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region (NSL) was passed on June 30, 2020 by the Standing Committee of the National People's Congress (NPCSC). It did not have immediate direct effect in the Hong Kong Special Administrative Region (HKSAR). After consulting the Committee for the Basic Law of the HKSAR (BLC) and the Government of the HKSAR (HKSARG), the NPCSC added the NSL to Annex III of The Basic Law of the Hong Kong Special Administrative Region of the People's Republic of China (Basic Law) before the Chief Executive of the HKSAR (Chief Executive) promulgated the NSL for local application. All this happened on June 30, enabling the NSL to enter into force at 11 p.m., just ahead of the twenty-third anniversary of the establishment of the HKSAR on July 1, 2020.

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