Hong Kong Elite Elect China-Backed Candidate as City’s Leader

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#1
Hong Kong Elite Elect China-Backed Candidate as City’s Leader

by David Tweed , Natasha Khan , Crystal Tse , and Annie Lee
March 26, 2017, 1:00 PM GMT+8 Updated on March 26, 2017, 1:31 PM GMT+8

Hong Kong’s former No. 2 official, Carrie Lam, was elected as the city’s chief executive, giving China its preferred choice to lead the fractious financial hub. 

Lam, 59, won 67 percent of votes cast Sunday by an electoral college of 1,194 businessmen, professionals and politicians that selects leaders for the former British colony, according to final results. Her chief rival, ex-Financial Secretary John Tsang, 65, got 31 percent, despite greater popularity among the general public and support from the committee’s pro-democracy bloc. A third candidate, retired judge Woo Kwok-hing, received 1.8 percent.

The result will make Lam, a career civil servant, the city’s first female leader when her five-year term begins on July 1. She became the favorite to win after her unpopular former boss, outgoing Chief Executive Leung Chun-ying, bowed out in December and Chinese officials pushed behind the scenes to rally support for a candidate seen as compliant to Beijing’s agenda.

More details in https://www.bloomberg.com/politics/artic...ong-leader
Specuvestor: Asset - Business - Structure.
Reply


Forum Jump:


Users browsing this thread: 3 Guest(s)