Skip to content
Friday 14 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,738.74
-0.31%
DAX
26,415.83
+0.44%
CAC 40
8,636.97
-0.16%
STOXX 50
6,551.48
+0.09%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 23 October 2019 11:09 am

China ‘planning to replace Carrie Lam’ as Hong Kong withdraws extradition bill

By: Anna Menin

Add as a preferred source on Google
TOPSHOT - Hong Kong Chief Executive Carrie Lam waits for questions from the media at a press conference in Hong Kong on September 5, 2019, a day after she announced the withdrawal of a loathed extradition bill. - Hong Kong's leader on September 4 bowed to a key demand of pro-democracy protesters following three months of unrest, announcing the withdrawal of a loathed extradition bill, but activists vowed to press on with their campaign. (Photo by Philip FONG / AFP) (Photo credit should read PHILIP FONG/AFP/Getty Images)

Beijing has reportedly drawn up plans to replace Hong Kong leader Carrie Lam with an interim chief executive, as the territory’s legislature formally withdrew the controversial extradition bill that sparked months of protests.

There have been months of often-violent protests against Lam’s leadership in Hong Kong over concerns Beijing is tightening its grip on the financial hub.

Read more: Hong Kong: Police charge teenage protester shot by officer

The scrapping of the bill, which would have allowed the extradition of suspects to mainland China, was one of protestors’ key demands.

Citing people briefed on the deliberations, the Financial Times reported that China would wait for the situation in Hong Kong to stabilise before moving to replace Lam next year, as Beijing does not want to be seen to giving in to violence.

The paper reported that if president Xi Jinping decided to go ahead with the move, Lam’s successor would be appointed in March next year and serve for the remainder of her term, which ends in 2022.

A spokesperson for China’s foreign ministry dismissed the reports as a political rumour with ulterior motives.

Hundreds of thousands of pro-democracy protestors have taken to the streets in the territory since unrest was first sparked by the proposed bill June.

Read more

Options Strengthens North America Presence with New York Office Expansion In the Heart of Wall Street

Demonstrators fear that Beijing eroding the freedoms afforded to Hong Kong under the “one country, two systems” principle established when Britain returned the territory to China in 1997.

Although the scrapping of the extradition bill was a core demand of pro-democracy protestors, their rallying cry has been “five demands, not one less”, and it is widely expected that the withdrawal of the legislation will do nothing to counter the unrest.

Demonstrators are also calling for Lam’s resignation, an independent inquiry into the police’s response to the protests, universal suffrage, and amnesty for all those charged with rioting.

Read more: Hong Kong protests: Activist shot as clashes overshadow China’s National Day

In a leaked audio recording released by Reuters last month, Lam said she would step down if she could. “For a chief executive to have caused this huge havoc to Hong Kong is unforgivable,” she said.

“If I have a choice, the first thing is to quit, having made a deep apology,” Lam added. Following the release of the recording, Lam said she had never asked the Chinese government to let her resign.

Main image credit: Getty

Read more

Spirit and Heart both Superb chances at Sha Tin

Caspar Fownes at Happy Valley Racecourse during nine-race event in Hong Kong post-Mid-Autumn Festival celebrations

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Trending Articles

  • Revolut takes flight with launch of new airport lounges

  • It’s not just Jason Arday, most of sociology is a scam

  • Grandparents fund university degrees to avoid inheritance tax net

  • IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details

  • Five-star Mayfair hotel hit with HMRC winding-up petition

More from Morning Wire

  • Options Strengthens North America Presence with New York Office Expansion In the Heart of Wall Street

    Business Wire
  • Spirit and Heart both Superb chances at Sha Tin

    Sport
    Caspar Fownes at Happy Valley Racecourse during nine-race event in Hong Kong post-Mid-Autumn Festival celebrations
  • Breeze and Monarch can make chances Count at Sha Tin

    Sport
    David Eustace preparing horses King and Molly at Happy Valley for the upcoming 10-race programme in Hong Kong.
  • Pre-season tours: Inside the economics of football’s summer money-spinners

    Sport Business
    Enthusiastic football fans, some in Chelsea and AC Milan jerseys, smiling and making peace signs at an event.
  • Twilight and Thunder the Calls at Shergar Cup

    Sport
    William Haggas, a man with gray hair and blue eyes, smiling and wearing a tan coat and patterned tie
  • Will the Nations Championship financially underdeliver for in-need Fiji?

    Sport Business
    Getty Images logo displayed prominently on a digital screen, symbolizing the brands visual content prowess and media prese...
  • Options Announces the Availability of Kimi K3 on Its PrivateMind Platform At No Additional Cost to Existing Customers

    Business Wire
  • Options Unveils H1 2026 AtlasFeed and Raw Market Data Feed Expansion

    Business Wire
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook