How Carrie Lam’s Omicron failures forced Beijing to take over

Feb 28, 2022 | INVESTING

This year sees the 50th anniversary of my arrival in Hong Kong. In all those years, I cannot recall seeing many things as striking as the events of the past few weeks. The central government has taken direct control of a major area of social policy after the local administration’s de facto abdication.Since the 1984 Sino-British Joint Declaration, the ​understanding is that apart from defence and foreign affairs, everything else after 1997 would be handled by the local administration with “a…

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