Media Tycoon's Arrest Sends Warning to Hong Kong's Free Press
(Bloomberg) -- Right before China retook control of Hong Kong in 1997, tycoon Jimmy Lai started Apple Daily in part to promote democracy in the city. For 25 years the newspaper survived advertising boycotts and political pressure but never backed off its tough coverage of the Chinese government and pro-Beijing lawmakers.
It may not last through the summer. Hong Kong police arrested Lai and several of his top executives on Monday and sent hundreds of officers to search the Apple Daily offices, a demonstration of the broad potential for the new national security law to silence criticism and dissent beyond pro-democracy protests and activism.
Passed in June, the legislation bars “crimes of secession, subversion, terrorism and collusion with foreign forces” as interpreted by the Chinese government and enforced by Beijing’s new security office in Hong Kong. Lai’s arrest wasn’t entirely unexpected, but it still shook the foundations of press freedom in the financial center and raised fears about what might come next.
For the global business community, which relies on the rule of law and stability that Hong Kong offers, threats to the free press are troubling, said Imogen T. Liu, a political economist affiliated with Maastricht University in the Netherlands. “Hong Kong is attractive to international investors because it has a reputation for market discipline and transparency that was institutionalized under British rule,” she said. “Free speech is part of this liberal image, along with free market competition and government non-intervention.”
https://www.msn.com/en-us/news/world/media-tycoons-arrest-sends-warning-to-hong-kongs-free-press/ar-BB17MAdR?li=BBnb7Kz
