Beijing’s point man on Hong Kong and Macau affairs has urged business leaders from both cities to defend national interests, a move seen by analysts as a “wake-up call” for firms such as tycoon Li Ka-shing’s CK Hutchison group, currently embroiled in the Panama ports saga, to choose a side.
Xia Baolong, director of the Hong Kong and Macau Affairs Office (HKMAO), spelled out four “hopes” for entrepreneurs and the business sector during a closed-door meeting with Macau business representatives on Monday.
The meeting was held the same day that China and the US issued a joint statement pledging to slash tariffs both countries had imposed on each other.
On the second last day of his six-day visit to Macau, Xia said he hoped business communities from both cities would carry forward the “fighting spirit” and unite all forces to stand firm in defending the country’s interests.
“When faced with sanctions and pressure, everyone should unite and demonstrate proper integrity and moral character,” Xia was quoted as saying in a statement released by his office.
He also called on business communities to take advantage of both cities’ strengths while adapting to the changing circumstances.
