'Ongoing events have... inflicted long-lasting damage to international perceptions of the quality and effectiveness of Hong Kong's governance system and rule of law.' HongKong China HongKongProtest
Millions of pro-democracy supporters have taken to Hong Kong's streets for the past three months in the biggest challenge to China's rule since its handover from Britain in 1997.
Bloomberg News reported that it is the first time the credit rating agency has made such a move since 1995, a period when uncertainty spiked over the city's handover to China. Opponents saw it has the latest move by Beijing to chip away at the city's unique freedoms, such as its independent judicial system.
"To every person who cares about Hong Kong, to every person who treats Hong Kong as their homes, we should stop the violence immediately," she told reporters during a visit to the Chinese mainland.For months Lam has struck a defiant tone and refused to yield to protesters.
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