US News: China Drawing Up Plan to Replace Hong Kong’s Carrie Lam, Report Says - - PressFrom - United Kingdom
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US News China Drawing Up Plan to Replace Hong Kong’s Carrie Lam, Report Says

08:10  23 october  2019
08:10  23 october  2019 Source:   msn.com

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(Bloomberg) -- The Chinese government is drafting a plan to replace Hong Kong ’ s Carrie Lam with an “interim” chief executive, Financial Times reports , citing unidentified people briefed on the deliberations. Lam ’ s successor would be installed by March

China Drawing Up Plan to Replace Hong Kong ’ s Carrie Lam , Report Says . The Chinese government is drafting a plan to replace Hong Kong ’ s Carrie Lam with an “interim” chief executive, Financial Times reports , citing unidentified people briefed on the deliberations.

(Video by Reuters)

(Bloomberg) -- The Chinese government is drafting a plan to replace Hong Kong’s Carrie Lam with an “interim” chief executive, the Financial Times reported , citing unidentified people briefed on the deliberations. 

Lam’s successor would be installed by March, covering the remainder of her term should Chinese President Xi Jinping decide to carry out the plan, the paper cited the people as saying. Lam’s replacement wouldn’t necessarily stay on for a full five-year term afterward. Leading candidates to succeed Lam include Norman Chan, former head of the Hong Kong Monetary Authority, and Henry Tang, who has also served as the territory’s financial secretary and chief secretary for administration, the report added.

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China plans to replace Hong Kong leader Carrie Lam with an “interim” chief executive, the Financial Times reported , citing people briefed on the deliberations, which would bring to a close Lam ’ s rule after months of pro-democracy protests. Lam has become a lightning rod for sweeping protests over fears

The Chinese government is drafting a plan to replace Hong Kong ’ s Carrie Lam with an “interim” chief executive, the Financial Times reported . How much merit does this report warrant? STEPHEN: IT' S INTERESTING TO LOOK AT THIS AND SEE IF IT HAS BEEN BUILDING

Neither Chan or Tang immediately responded to requests for comment on Wednesday. A spokesman for the Chief Executive’s Office said the office does not comment on speculation.

a man wearing glasses and looking at the camera: Hong Kong Chief Executive Carrie Lam Holds News Conference © Bloomberg Hong Kong Chief Executive Carrie Lam Holds News Conference

“Business should not expect that the removal of Lam will end the civil unrest,” Verisk Maplecroft, a consultancy that advises businesses on political risk, said in a note on Wednesday. “No matter who the next chief executive is, the protesters will continue to demand an independent investigation into police conduct amid widespread dissatisfaction with how the authorities are managing the demonstrations.”

Lam’s introduction of legislation allowing extraditions to China sparked months of increasingly violent protests against Beijing’s tightening grip over the city, pushing the economy toward a recession. Her moves to withdraw the bill and invoke a colonial-era emergency law to ban face masks have done little to stem the unrest.

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The Chinese government is drawing up a plan to replace Carrie Lam , Hong Kong ’ s leader, with an “interim” chief executive Leading candidates to succeed Ms Lam include Norman Chan, former head of the Hong Kong Monetary Authority, and Henry Tang, son of a textile magnate who has also served

Hong Kong leader Carrie Lam has said she will not scrap a controversial plan to allow extradition to mainland China , despite mass protests. On Sunday, hundreds of thousands of people rallied against the bill which critics fear allows China to target political opponents in the region.

According to audio excerpts released by Reuters last month, Lam told a gathering of business people that she had caused “huge havoc,” and would quit “if I had a choice.” She subsequently told reporters that she never asked China for permission to resign over the historic unrest rocking the city. 

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If Lam resigns, responsibility for leading the city of 7.5 million would fall immediately to Chief Secretary for Administration Matthew Cheung, who can act as chief executive for as long as six months. Before that interim period ends, the city’s 1,200-member Election Committee comprised overwhelmingly of Beijing loyalists must meet to select a new leader. 

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The Chinese government reportedly intends to replace Hong Kong Chief Executive Carrie Lam with a new "interim" chief who will be expected to serve until the 2022 end of her term.

China is planning to replace Hong Kong ' s leader Carrie Lam with an "interim" chief executive, the Financial Times reported , citing people briefed on the deliberations. If Chinese President Xi Jinping decided to go ahead, Lam ' s successor would be appointed by March and cover the remainder.

In 2005, Hong Kong’s first post-colonial leader, Tung Chee-hwa, resigned after mass protests forced him to withdraw China-backed national security legislation. Tung, a shipping magnate, held onto the job for more than a year after the demonstrations peaked as the party settled on a succession plan.

Opposition lawmaker Claudia Mo said last week that Lam’s resignation could help ease tensions.

Hong Kong's Chief Executive Carrie Lam (C) exits the Kowloon Mosque, or Kowloon Masjid and Islamic Centre, in the Tsim Sha Tsui district in Hong Kong on October 21, 2019. - Lam and the city's chief of police visited a mosque that was struck with blue-dye from a water cannon truck during the latest bout of violent protests in the international hub. (Photo by Ed JONES / AFP) (Photo by ED JONES/AFP via Getty Images) Hong Kong's Chief Executive Carrie Lam (C) exits the Kowloon Mosque, or Kowloon Masjid and Islamic Centre, in the Tsim Sha Tsui district in Hong Kong on October 21, 2019. - Lam and the city's chief of police visited a mosque that was struck with blue-dye from a water cannon truck during the latest bout of violent protests in the international hub. (Photo by Ed JONES / AFP) (Photo by ED JONES/AFP via Getty Images)

“She can go, if she wants to,” Mo said in an interview. “You might say, ‘What’s the point of having Carrie Lam gone? There would just be another puppet in place.’ But at least we can have a new face, and let’s have a restart, if possible, between the government and the people.”

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Xi Jinping, China ' s president, will make the decision. if he agrees, Lam would be replaced by March 2020, cover the remainder of her term, which ends in 2022. HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.

Hong Kong ' s leader Carrie Lam (AP). Tuesday, 22 October 2019 04:59 PM. In September, in response to a Reuters report about a recording of Lam saying she would step down if she could, she said she had never asked the Chinese government to let her resign to end the Chinese -ruled city’ s

In her annual policy address last week, Lam tried to appease the economic concerns of poorer Hong Kong citizens with incentives for first-time home buyers and annual grants for students. Still, she didn’t make any new proposals and repeated her opposition to the protesters’ demands, including granting amnesty, an independent police inquiry and the ability to nominate and elect their own leaders.

“Heads need to roll” in order to show the administration is accountable but Lam’s removal would also carry risks for the Communist Party in Beijng, said David Zweig, an emeritus professor at the Hong Kong University of Science and Technology and director of Transnational China Consulting Ltd.

Pro-Democracy protesters are seen  in Yuen Long during an Anti-Government Protest in Hong Kong, China, October 21, 2019, Pro-Democracy Protester have been taking to the streets of Hong Kong for Months in Protest of the government .  (Photo by Vernon Yuen/NurPhoto via Getty Images) © Vernon Yuen/NurPhoto Pro-Democracy protesters are seen in Yuen Long during an Anti-Government Protest in Hong Kong, China, October 21, 2019, Pro-Democracy Protester have been taking to the streets of Hong Kong for Months in Protest of the government . (Photo by Vernon Yuen/NurPhoto via Getty Images)

“How many cities in China may have bad situations, unemployment or difficulties particularly going forward if the U.S.-China trade war continues, China’s economy slows down, and people march,” he said. “Are they going to remove mayors? Are they going to remove officials?”

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Leaderless rebellion: how social media enables global protests .
“A single spark can start a prairie fire,” observed Mao Zedong in 1930, as he tried to convince his followers that revolution was possible in China. Almost a century later, Mao’s observation comes to mind as little sparks set off mass demonstrations across the world. In Lebanon, the trigger for protests was a tax on WhatsApp messages. In Chile it was a rise in metro fares. In France, the gilets jaunes protests that began last year were set off by a rise in petrol taxes. Elsewhere, the roots of popular revolt are more clearly political. In Hong Kong, it was an attempt to allow extradition of criminal suspects to China.

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