News analysis

Economic reforms unlikely to resolve crisis in HK, say observers

New: Gift this subscriber-only story to your friends and family

Economic reforms hinted at by Beijing are unlikely to soothe rising tensions in Hong Kong, a city that has been struggling with nine consecutive weeks of unrest, some political watchers said.

While some think tackling domestic issues might help, they believe the crux of the entire saga - sparked by a now-suspended extradition Bill which would have allowed Hong Kong to hand over fugitives to various jurisdictions, including mainland China, for trial - is a political issue, and not an economic one.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on August 09, 2019, with the headline Economic reforms unlikely to resolve crisis in HK, say observers. Subscribe