Economist Podcasts Out like a Lam: Hong Kong’s new leader
May 10, 2022
James Miles, a seasoned commentator on China's dynamics, dives into the recent election of John Lee as Hong Kong's new leader. He highlights Lee's alignment with Beijing's desires for law and order, raising concerns about the implications for Hong Kong's autonomy and business environment. The conversation also touches on the post-pandemic surge in entrepreneurship worldwide and the cultural impact of Ukraine's Eurovision entry amid ongoing conflict, showcasing resilience and creativity in challenging times.
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China's Influence
- China's 2020 national security law reshaped Hong Kong's governance.
- Critics were removed from the legislature and election committee, enabling John Lee's victory.
Security as a Priority
- John Lee's win shows that security is important to the Chinese Communist Party.
- Beijing may be questioning the traditional reliance on civil servants to govern Hong Kong.
Hong Kong's Future
- China aims to make Hong Kong resemble a mainland city by the end of the 50-year agreement.
- They're willing to tolerate business grumbling to achieve this goal.