then, carrie lam disappeared for a couple of weeks. there has been a lot of mixed messages.o, hopefully john lee will have a health team, led by the notable doctor here. but at the same time, earlier on, in february, he was quoted as saying, living with the virus would kill us all or get us all killed. he has since backtracked a bit on that hard line stance, and there's a lot of speculation, including charles lee, the former chairman of the hong kong stock exchange told me earlier here on bloomberg television that it makes sense to relax further on the quarantines, and that perhaps this could be a step that hong kong could take, like what we saw earlier this week with china cutting its inbound quarantine in half. haslinda: steve, we are looking at executive council members walking in. they will be next to be sworn in. talk to us about the priorities. how much pressure is john lee, how much pressure is the new cabinet under to fulfill all the wishes of mainland china? stephen: it's interesting because you saw just a few minutes ago, the former security secretary, the first fe

he takes overfrom carrie lam, who saw beijing tightening its grip on hong kong. it's issued a ruling that limits the government's ability to regulate emissions from power plants. the case was brought on behalf of 19 mostly republican—led states and some of america's largest coal companies. nato leaders have pledged more financial aid and weapons for ukraine. the alliance also renewed calls for president putin to end the invasion. nato's secretary general, jens stoltenberg, insisted that ukraine must prevail as an independent state. now on bbc news, panorama. protection is a national security. it is everyone's responsibility.— security. it is everyone's responsibility. tonight on panorama, _ responsibility. tonight on panorama, china's i responsibility. tonight on i panorama, china's crackdown responsibility. tonight on - panorama, china's crackdown on hong kong. we panorama, china's crackdown on hong kong-— panorama, china's crackdown on hong kong. we must protect our --eole hong kong. we must protect our people from — hong kong. we must protect our people from e

and it's his first to hong kong since swearing in carrie lam.ranslation: the practice of one country. _ translation: the practice of one country, two _ translation: the practice of one country, two systems... l translation: the practice of l one country, two systems... the rule of law is a cornerstone of hong kong's success. since our return to the motherland, the basic law has protected the rights and freedoms of hong kong residents as well as the independentjudiciary and final independent judiciary and final adjudication. to understand the context of today's events i spoke to ho—fung hung, professor of political economy at thejohn hopkins university, in baltimore. i've asked him what these celebrations of the 25th anniversary of hong kong being returned to china tell us about the level of chinese control over the city. the 25th year anniversary of the hong kong handover is an important landmark. also after the uprising in 2019 and the national security law in 2020, president xijinping is national security law in 2020, president xi jinping is v

lewis: president ix -- xi will oversee the transfer of power from carrie lam to jon leyne but that isered by covid restrictions. >> current government officials, including carrie lam, have been put under quarantine. she was supposed to meet president xi, but she could own a travel between the quarantine hotel and her office. there is high pressure and many officials -- because they have to manage so many people just for joining this celebration. lewis: our china media analyst. >> there has been so much media rollout to promote the message that hong kong is under control. there has been a strong message of unity between the mainland and hong kong. i have seen footage in hong kong of chinese flags all over the city and an emphasis on how moving forward things are going to be better for hong kong citizens. for a lot of people in the mainland, they think back to 2019 and the city has become synonymous with riots and chaos. so ty are seeing the footage of children happily playing on the street, delivering messages about how it is good to be chinese. thisssage in a lot omefe official med ii

so carrie lam's position, that she was— 90%.s completely destroyed, and that— figures, was completely destroyed, and that is— figures, was completely destroyed, and that is when the national security— and that is when the national security law comes in and that locks up security law comes in and that locks up the _ security law comes in and that locks up the opposition, postpones the legend _ up the opposition, postpones the legend elections. and now we have hohg _ legend elections. and now we have hong kong, which has lost its liberty— hong kong, which has lost its liberty and will be reduced to being another— liberty and will be reduced to being another city in china. did liberty and will be reduced to being another city in china.— another city in china. did you have another city in china. did you have any expectation. _ another city in china. did you have any expectation, really, _ another city in china. did you have any expectation, really, that - another city in china. did you have| any expectation, really, that these freed

scene at the railway station as mr xi arrived — he was greeted by the outgoing chief executive, carrie lamdren waving flags. the chinese leader is expected to attend a ceremony to inaugurate hong kong's new top official, john lee. but earlier, the british prime minister borisjohnson said china had failed to meet its commitment to respect a one country, two systems arrangement agreed under the deal that ended british colonial rule in 1997. on the 25th anniversary of the handover, we simply cannot avoid the fact that for some time now, beijing has been failing to comply with its obligations. it is a state of affairs that threatens both the rights and freedoms of hong kong as and the continued progress and prosperity of their home. but we're not giving on hong kong. 25 years ago, we made a promise to the territory and its people and we intend to keep it. doing all we can to hold china to its commitments so that hong kong is once again run by the people of hong kong for the people of hong kong. for more on this i am joined now by martin yip in hong kong. good to see you there. i believe the fl

the former policeman will take over as chief executive from carrie lam.s for president putin to end the invasion.

so carrie lam's position, that she was defending the people of hong kong against these nasty opposition comes in and that locks up the opposition, postpones the legislative elections which were due in a year's time. and now we have hong kong, which has lost its liberty and will be reduced to being another city in china. did you have any expectation, really, that these _ freedoms would last? it always seemed unrealistic, and we left not really very. honourably, kind of knowing that they'd had it _ opinions varied, to be honest. at the beginning, i was relatively pessimistic. but then, for ten years, i thought i'd been wrong. i thought china needs hong kong because it was the goose that laid the golden egg. it wasn't actually doing any harm. hong kong was not damaging china. you get to the point of 2012, when xi jinping comes in, and the party is seriously anxious about its own survival. and there's a list of things that the party regards as a threat to its continued survival — they include rule of law, freedom of the press, all of the things that hong kong had — and that's when you begin

tom: you touched on the divisive nature of carrie lam, the former chief executive of hong kong.have a new chief executive, what are his priorities going to be? yvonne: for those who do not know him, he does not have a track record when it comes to the financial world, economics, the business community. he has a lot to prove because he is coming from a career of law enforcement. he was the former head of police, top of security in hong kong before. there are questions on what approach he will have. we have heard from the chamber of commerce that has said he is a pragmatic guy. in terms of priorities, he may be willing to listen to the business community. the one thing president xi hit home was about the social issues, housing. the last four chief executives failed to address the market here. it is a warning for the real estate tycoons that have a tight grip on the real estate market and the land supply. they need to do something to tackle this issue. when it came to covid zero, there are questions whether hong kong can chart a different path from china's covid zero policies. we h

carrie lam, the then chief— was a response to carrie lam, the then chief executive, _ was a responsewhich . would mean people from hong kong could be _ would mean people from hong kong could be tried — would mean people from hong kong could be tried in _ would mean people from hong kong could be tried in china, _ would mean people from hong kong could be tried in china, big - could be tried in china, big problem, _ could be tried in china, big problem, after— could be tried in china, big problem, after a _ could be tried in china, big problem, after a year- could be tried in china, big problem, after a year of. could be tried in china, big. problem, after a year of those could be tried in china, big - problem, after a year of those very, very fierce _ problem, after a year of those very, very fierce confrontation _ problem, after a year of those very, very fierce confrontation is, - problem, after a year of those very, very fierce confrontation is, there i very fierce confrontation is, there were _ very fierce confrontation is, there were some — very fierce confrontation is, there we

he criticized carrie lam for failing to address poverty, and the increasingly wide wealth gap and for failing to fix the housing issue. hong kong is the world's least affordable real estate market. is this a sign of a seismic shift for the tycoons who have had a strong grip on the real estate sector. really it was a very fuzzy sort of speech we heard from the president, thereby cementing his control and giving his blessing to john li. basically saying the ball is in your court now. dani: thank you very much. we look forward to having you back for more conversations on this. the first half of the year was also rough in asia, including big moves in stocks, bonds, fx really everything. let's bring in juliette saly for more details on the punishing six months. juliette: we saw asian stocks down by 18% since getting of the year, their worst annual drop since 2008. when you look at the superlatives, the nikkei had its biggest first half all since 2016 despite weakening the end. china had its biggest first half fault since 2018. june was a positive month. as analysts started to turn more bul

the former policeman will take over as chief executive from carrie lam.o leaders have pledged more financial aid and weapons for ukraine. the alliance also renewed calls for president putin to end the invasion. now on bbc news, global questions discusses what's next for georgia and moldova. after president putin's invasion of ukraine, other former soviet republics are feeling vulnerable. hello, i'm zeinab badawi. welcome to this edition of global questions from tbilisi, the capital of georgia. this country neighbours russia and there's a lot of concern here that moscow's invasion of ukraine could trigger putin's ambitions to try to control other parts of the former soviet union, like georgia. after all, just north of here are two russian—backed separatist enclaves in georgia. in this programme, we'll be looking at what it's like to live in moscow's shadow and ask how real is putin's dream of a new imperialist russia? welcome to the magnificent garden hall in tbilisi. i'm joined by a top panel from across the region who are going to be answering questions

mr lee is taking over from carrie lam, whose time in office saw beijing tighten its grip on hong kong. the us supreme court has dealt a serious blow to president biden�*s plans to tackle climate change. it's issued a ruling that limits the government's ability to regulate emissions from power plants. the case was brought on behalf of nineteen mostly republican— led states. nato leaders have pledged more financial aid and weapons for ukraine. the alliance also renewed calls for president putin to end the invasion. nato�*s secretary general, jens stoltenberg, insisted that ukraine must prevail as an independent state. now on bbc news, it's hardtalk. welcome to hardtalk. i'm sarah montague. when the uk handed hong kong back to china 25 years ago, the last words of the departing british governor to the people of the territory were, "now hong kong people are to run hong kong. "that is the promise, and that is the unshakeable destiny." the man who said those words, chris patten, now lord patten, is my guest today. has that promise been broken? and could the uk have done more to honour it? l

welcome to this bloomberg television special, "a conversation with carrie lam," whose tumultuous singleong kong leader have come to an end. her five years as hong kong chief executive were marred by protests, largely targeting her, a

nathan law has met mr lee and described him as authoritarian and more hawkish than his readers as a carrie lamdeal with. is notoriously difficult to dealwith. —— is notoriously difficult to deal with. —— than his predecessor. where does this leave the fiver pro—democracy in hong kong? michael fought the fight for democracy. donnelly himself is hard to predict, there has been much change to the pro—democracy securement because we already have the law that has put down much of the movement butjohn does promise to move on with further national security legislation, that's because beijing imposed that law an automatic in view of hong kong's failure to make its own national security legislation inaudible was an article 23 of inaudible was an article 23 of inaudible push on with it and that would involve areas like espionage on top of what we have already inaudible so it's going to be a much tougher pro—democracy movement pretty much for sure although the government insists there are inaudible enjoying so this is quite a murky picture i had for hong kong. —— ahead. quite a murky picture i had for ho

what are your thoughts onjohn lee who has taken overfrom carrie lam in charge of hong kong, and he hased, the protests around that and the arrests made of pro—democracy supporters and he was praising that law which has been used to stifle dissent. what do you make of him? he is a thuggish cop and he got thejob because he was responsible the protests around that and the arrests made he is a thuggish cop and he got thejob because he was responsible for the policing of the huge demonstrations in 2019 against an extradition treaty that was going to enable hong kong to send people off to mainland china to be tried if the chinese wanted that. so he got the job because of the very, very tough policing then. tasers, plastic baton rounds, tear gas, instead of trying to talk to people and find a political settlement. the last british governor of hong kong. the lead negotiator for network rail says talks with the rmt union since last week�*s train strikes have been "constructive". speaking on the today programme, tim shoveller said a formal consultation on compulsory redundancies — one of the mai

don't miss our conversation with carrie lam. it premieres friday, july 1 at 5:00 p.m. hong kong time, that is 7:00 p.m. in sydney. plenty more ahead. keep it here with us. this is bloomberg. ♪ >> a congressional memorandum actually called out three major players in investing in technology, andreessen horowitz, y combinator, and sequoia. what do you make of that? have they made any strides? >> certainly some of those strides have added women partners since metoo. to some extent they were calling them out as examples of this is what exists in the ecosystem. there are a lot of legacy firms that are trying to improve, they are hiring more women, launching better programs where you ultimately see more diversity. but i think the entire industry has a long way to go. if only those three firms were underweight on diversity numbers, this would not be a problem. the reality is the entire industry is behind. emily: what needs to be done to make main change and not maintain the status quo? there is something to be said for being a bad actor in the system, and there is also somethi

. >> the new chief executive took the oath of office replacing carrie lam.s a former police officer who rose through the ranks. he is known for overseeing the anti-government protests in 2019. the day kicked off with a flag raising ceremony at the city's convention center. the flags of hong kong and people's republic of china raisera raised side by side there. ivan watson, first to you, what stood out for you from this momentous day? >> i think -- i covered xi jinping's last visit to hong kong five years ago at the 20th anniversary. and in that speech, he issued warnings, he said that anybody who tried to threaten china's national security from hong kong to try to take advantage of the freedoms of hong kong and use it as a spring board to challenge the one party rule of communist china, that that would be a red line and it wouldn't be tolerated. five years later, xi jinping did not have to issue any warnings or any red lines because the organized political dissent, any form of that, has been largely crushed here in this former british colony. the street demo

what are your thoughts on john lee who has taken over from . john lee who has taken over from carrie lamrity law, that hugely security —— hugely controversial security law we have covered, the protests around that and the arrests made of pro—democracy supporters and he was praising that law which has been used to stifle dissent. what do you make of him? he used to stifle dissent. what do you make of him?— make of him? he is a thuggish cop and not make of him? he is a thuggish cop and got the _ make of him? he is a thuggish cop and got the job _ make of him? he is a thuggish cop and got the job because _ make of him? he is a thuggish cop and got the job because he - make of him? he is a thuggish cop and got the job because he was . and got thejob because he was responsible for the policing of the huge demonstrations in 2019 against the extradition treaty that was going to enable hong kong to send people off to mainland china to be tried if the chinese wanted that. so he got the job because of the very, very tough policing then. tasers, plastic baton rounds, tear gas, instead of trying to

what are your thoughts as well on john lee who has taken over from carrie lam in charge of hong kong,ause he _ dissent. he is thuggish and he got the job because he was _ dissent. he is thuggish and he got| the job because he was responsible thejob because he was responsible for the policing of the huge demonstrations in 2019 against an extradition treaty, which was going to enable hong kong to send people off to mainland china to be tried if the chinese wanted them. so he got the chinese wanted them. so he got the job because of the very, very tough policing there, tasers, plastic bat in rounds, tear gas, instead of trying to talk to people and find a political settlement. borisjohnson has said, "we are not giving up on hong kong". what do you think the uk government should do now in relation to hong kong? something it is not doing already. i think the hong kong government, sorry, i think the hong kong government is a bunch of quislings. i�*m not always without my criticism of the british covenant, but they have done pretty well by hong kong in the last couple of years. providing a r

lam two weeks ago? eight days ago. straight off the plane from budapest and carrying this wherever i go.ly special. iwas in glasgow for— phenomenal, really special. iwas in glasgow for the _ phenomenal, really special. iwas in glasgow for the 2014 _ phenomenal, really special. iwas in glasgow for the 2014 games, - phenomenal, really special. iwas in glasgow for the 2014 games, they i glasgow for the 2014 games, they called it the friendly games. it feels like a different vibe as a spectator, journalist, what is it like as a competitor? incredible. it was a launch _ like as a competitor? incredible. it was a launch pad _ like as a competitor? incredible. it was a launch pad for— like as a competitor? incredible. it was a launch pad for me _ like as a competitor? incredible. it was a launch pad for me in - like as a competitor? incredible. it was a launch pad for me in 1994. i like as a competitor? incredible. it i was a launch pad for me in 1994. for young _ was a launch pad for me in 1994. for young athletes, the first opportunity to be in a multisport environment which is unique, and to