Lam sorry, but protesters say she must go

HONG KONG, June 16 

Hong Kong’s leader Carrie Lam apologised to its people on Sunday as an estimated 1 million-plus black-clad protesters insisted that she resign over her handling of a Bill that would allow citizens to be sent to mainland China for trial.

Organisers said almost 2 million turned out on Sunday to demand that chief executive Lam step down in what is becoming the most significant challenge to China’s relationship with the territory since it was handed back by Britain 22 years ago.

Sunday’s demonstration came in spite of Lam indefinitely delaying — though not withdrawing — the Bill on Saturday in a dramatic climbdown that threw into question her ability to continue to lead the city.

On Sunday, she apologised for the way the government had handled the draft law, which had been scheduled for debate last Wednesday, but gave no further insight into its fate.

Organisers pressed ahead with the protest to demand the Bill’s full withdrawal, as well as to mark their anger at the way police handled a demonstration against it on Wednesday, when more than 70 people were injured by rubber bullets and tear gas.

Some of Sunday’s marchers held signs saying, “Do not shoot, we are HongKonger.”

The police said the demonstration reached 338,000 at its peak. Organisers and the police have routinely produced vastly different estimates at recent demonstrations.

Organisers estimated a protest the week before drew 1 million while police said 240,000. “It’s much bigger today,” said one protester. “I came today because of what happened on Wednesday, with the police violence.” Loud cheers rang out when activists called through loud hailers for Lam’s resignation and the cry “step down” echoed through the streets. “(An) apology is not enough,” said demonstrator Victor Li, 19.

The protests have plunged Hong Kong into political crisis, heaping pressure on Lam’s administration and her official backers in Beijing.

Critics say the planned extradition law could threaten Hong Kong’s rule of law and its international reputation as an Asian financial hub. Some Hong Kong tycoons have already started moving personal wealth offshore.

US Secretary of State Mike Pompeo said President Trump would raise the issue of Hong Kong human rights at a potential meeting with president Xi Jinping at the G20 summit in Japan this month.

In a blog post published on Sunday, Hong Kong Financial Secretary Paul Chan sought to play down the impact of the protests.

“Even if the external environment continues to be unclear and the social atmosphere is tense recently, overall Hong Kong’s economic and financial markets are still operating in a stable and orderly manner,” he wrote.

Activist investor David Webb, in a newsletter on Sunday, said if Lam was a stock he would recommend shorting her with a target price of zero. “Call it the Carrie trade. She has irrevocably lost the public’s trust,” Webb said. “Her minders in Beijing, while expressing public support for now, have clearly lined her up for the chop.”

In another indication of a possible shift of mood in Beijing, a leader of the pro-democracy “Occupy” demonstrations that galvanised Hong Kong in 2014 appeared set to be released from jail.

Chinese censors have been working hard to erase or block news of the latest series of protests,  the largest since crowds demonstrated against the bloody suppression of pro-democracy activists in and around Beijing’s Tiananmen Square in June 1989,  amid concerns that any large public rallies could inspire demonstrations on the mainland.

Apology for causing ‘conflict & disputes’    

• Embattled Hong Kong leader Carrie Lam  apologised on Sunday for the way her administration tried to pass a law allowing extraditions to China, the cause of unprecedented protests and clashes this week
• “The chief executive admitted that shortcomings in the government’s work has lead to a lot of conflict and disputes in Hong Kong society and has disappointed and distressed many citizens,” a statement from her office said
• “The chief executive apologises to the citizens and promises to accept criticism with the most sincere and humble attitude,” it added

Difficult time for Beijing, media mum

• The protests have plunged Hong Kong into political crisis, just as months of pro-democracy “Occupy” demonstrations did in 2014, heaping pressure on Lam’s administration and her official backers in Beijing
• The turmoil comes at a difficult time for Beijing, which is already grappling with an escalating US trade war, a faltering economy and tensions in the South China Sea
• Chinese censors have been working hard to erase or block news of the Hong Kong protests, wary that any large public rallies could inspire protests in the mainland
• Critics fear the Beijing-backed law will entangle people in China’s notoriously opaque and politicised courts and damage the city’s reputation as a safe place for business

— Reuters