Hong Kong Financial Secretary John Tsang (曾俊華) quit yesterday, in what is widely seen as a prelude to a leadership bid for the territory’s top job.
Tsang said he submitted his resignation to Hong Kong Chief Executive Leung Chun-ying (梁振英), who on Friday unexpectedly announced that he would not seek a second term in office.
Rumors and speculation have been swirling for months that Tsang would step down and put himself forward as a candidate to replace the deeply unpopular Leung, whose five-year term ends in June next year.
Photo: AFP
Tsang said he was not ready to confirm whether he was interested in the job.
“Whether I will run or not is a serious and solemn matter,” he said. “I shall think through this in the coming days and make an announcement once ready.”
Tsang, 65, has been dubbed “Mr Pringles” because his mustache reminds many Hong Kongers of the potato chip brand’s mascot.
Educated in the US, Tsang has been the finance secretary since 2007. He is Hong Kong’s second-most popular public official, with an approval rating of 62 percent, according to a survey last month by Hong Kong University pollsters.
Leung was last, with a 71 percent disapproval rating. About 1,000 people were polled for the survey, which had a margin of error of 3 percentage points.
Leung, who cited family reasons for not continuing in the job, is widely reviled for his hardline stance against pro-democracy campaigners and lawmakers and because he is suspected of having deep ties to Chinese Communist Party leaders.
Tsang has a more easygoing public persona.
Hong Kong leaders are chosen by a 1,200-member panel of mostly pro-Beijing tycoons and elites, which is scheduled to make its pick in March.
So far, one person, retired judge Woo Kwok-hing (胡國興), has publicly declared his intention to run for the job.
GEARING UP: An invasion would be difficult and would strain China’s forces, but it has conducted large-scale training supporting an invasion scenario, the report said China increased its military pressure on Taiwan last year and took other steps in preparation for a potential invasion, an annual report published by the US Department of Defense on Wednesday showed. “Throughout 2023, Beijing continued to erode longstanding norms in and around Taiwan by employing a range of pressure tactics against Taiwan,” the report said, which is titled “Military and Security Developments Involving the People’s Republic of China (PRC) 2024.” The Chinese People’s Liberation Army (PLA) “is preparing for a contingency to unify Taiwan with the PRC by force, if perceived as necessary by Beijing, while simultaneously deterring, delaying or denying
‘LAGGING BEHIND’: The NATO secretary-general called on democratic allies to be ‘clear-eyed’ about Beijing’s military buildup, urging them to boost military spending NATO Secretary-General Mark Rutte mentioning China’s bullying of Taiwan and its ambition to reshape the global order has significance during a time when authoritarian states are continuously increasing their aggression, the Ministry of Foreign Affairs (MOFA) said yesterday. In a speech at the Carnegie Europe think tank in Brussels on Thursday, Rutte said Beijing is bullying Taiwan and would start to “nibble” at Taiwan if Russia benefits from a post-invasion peace deal with Ukraine. He called on democratic allies to boost defense investments and also urged NATO members to increase defense spending in the face of growing military threats from Russia
PEACEFUL RESOLUTION: A statement issued following a meeting between Australia and Britain reiterated support for Taiwan and opposition to change in the Taiwan Strait Canada should support the peaceful resolution of Taiwan’s destiny according to the will of Taiwanese, Canadian lawmakers said in a resolution marking the second anniversary of that nation’s Indo-Pacific strategy on Monday. The Canadian House of Commons committee on Canada-Chinese relations made the comment as part of 34 recommendations for the new edition of the strategy, adding that Ottawa should back Taiwan’s meaningful participation in international organizations. Canada’s Indo-Pacific Strategy, first published in October 2022, emphasized that the region’s security, trade, human rights, democracy and environmental protection would play a crucial role in shaping Canada’s future. The strategy called for Canada to deepen
TECH CONFERENCE: Input from industry and academic experts can contribute to future policymaking across government agencies, President William Lai said Multifunctional service robots could be the next new area in which Taiwan could play a significant role, given its strengths in chip manufacturing and software design, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) chairman and chief executive C.C. Wei (魏哲家) said yesterday. “In the past two months, our customers shared a lot of their future plans with me. Artificial intelligence [AI] and AI applications were the most talked about subjects in our conversation,” Wei said in a speech at the National Science and Technology Conference in Taipei. TSMC, the world’s biggest contract chipmaker, counts Nvidia Corp, Advanced Micro Devices Inc, Apple Inc and