The Hong Kong chief executive, Carrie Lam has announced the suspension of the drafted bill that will allow extradition to china after a week of unprecedented protest that brought about political unrest.
Support for the extradition bill began to crumble on Friday when several pro-Beijing politicians and a senior advisor to Lam agreed that discussion of the bill should be shelved for the time being.
The extradition bill, serves to cover Hong Kong residents and foreign and Chinese nationals living or travelling in the city. This brought many concerned it may threaten the rule of law that underpins Hong Kong’s international financial status.
Lam has said the extradition law is necessary to prevent criminals using Hong Kong as a place to hide and that human rights will be protected by the city’s court which will decide extraditions on a case-by-case basis.
Opponents, including leading lawyers and rights groups, say China’s justice system, where courts are controlled by the Communist Party, is marked by torture and forced confessions, arbitrary detention and poor access to lawyers as reported by Euronews.
According to Euronews, Many have accuse China of extensive meddling since then, including obstruction of democratic reforms, interference with elections and of being behind the disappearance of five Hong Kong-based booksellers, starting in 2015, who specialised in works critical of Chinese leaders.
The extradition bill has spooked some of Hong Kong’s tycoons to start moving their personal wealth offshore, according to financial advisers, bankers and lawyers familiar with the details.