"That was something shocking to me."
The paper's uncompromising stance, which critics say can lack the editorial balance of including the opposing side's viewpoint, coincided with swathes of Hong Kong's media becoming more pro-Beijing.
The Hollywood Knitwear Factory in Kwun Tong in the 1970s when Hong Kong's textile industry was booming. Journalists at first weren't too ruffled, he says.
Lai says he wasn't political at the time, "but I always had a very strong yearning for freedom because of my experience in China." Last month, he flew to Washington to discuss with US Vice President Mike Pence, Secretary of State Mike Pompeo and National Security Adviser John Bolton how fundamental Hong Kong's freedom is to the US' standoff with China. "Even to live in a small room is too expensive for them."
Next, he became a media baron.
Beijing responded then as it might do now. Who are Jimmy Lai and Agnes Chow, ... “I was Chinese but could never relate to China,” Lai said in a New York Times interview later that year. "I really alerted myself," remembers Lai. Key background.
The arrest of the media tycoon marks the most aggressive action yet under new anti-sedition legislation. "It's my nature to be a rebel -- to be a revolutionary," Lai says. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.
Unlike many of the city's business leaders, he is …
They can only go further and further.
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"And once you are in the China market your investment becomes a hostage, which the Chinese government is never shy of using as a means to exert influence.
Speaking to Lai it seems that many of his defining moments were sparked by America. That's the reason why I have been successful more than other people.
Not financially, but politically and morally."
"This freedom was the first feeling I had about Hong Kong and it never disappointed me," Lai says. Jimmy Lai is a Hong Kong entrepreneur and owner of one of the island's largest media companies. "We identify as Hong Konger like never before." "Lai would like to get financial support from online readers, if he can do it would throw him a lifeline. "That's what has made Lai so unique."
"The young people see no future for themselves -- everything is expensive," says Lai.
Inside, melodious Chinese hwamei birds chirp in tall white cages, dramatic art works adorn the walls, while giant bromeliads and orchids brighten each corner.
Jimmy Lai - image from May 2020.
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"The mission," he says, "it has such a wonderful meaning." HONG KONG — An aide to Hong Kong media tycoon Jimmy Lai says Lai was arrested Monday morning under the city’s national security law on … "The Hong Kong identity this time ... has really emerged much more into our consciousness," he says.
"No other tycoon is willing to" be so outspoken against China as Lai, says Clement So, the Chinese University of Hong Kong professor. Hong Kong was still under British rule but barreling towards reunification with China in 1997. Others describe themselves as "blue ribbon," meaning they support the police. Today Lai lives in a white, gated house in an upmarket nook of Kowloon.
"They were so afraid of the Communists, they left me an independent media market almost to myself," Lai says. Hong Kong media mogul Jimmy Lai is calling on President Donald Trump to "save" Hong Kong from China. On his first day, he recalls how coworkers took him for breakfast. “And to think that what is right will eventually prevail.”Asked why he risked both his wealth and freedom by criticizing Beijing and publicly supporting Hong Kong’s democracy movement, he replied: “I’m a troublemaker.“I came here with nothing, the freedom of this place has given me everything. He applied the mass-market ethos of Giordano to his newspaper: It was low cost, populist and sensational. Many make a point of defining themselves as Hong Kongers, rather than broadly Chinese, to distinguish their identity from that of those living across the border -- the birthplace of many of their parents or grandparents.For Lai, a Hong Konger is someone from a small Chinese island who shares the values of the West.
Michael Tien, the pro-Beijing lawmaker, says that sales for his retail business were down 40% in August. "All of them have had to pay something to get the protection of the people that control them in mainland China," says Lai. To find out more,
The cryptic nature of his advice to exercise caution was unmistakable -- across the city, readers speculated about whether he was addressing the protesters or Beijing, or both.
"The style of writing, the use of big photos. Who is Jimmy Lai, the media tycoon arrested in Hong Kong?Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. All times are ET. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates.Jimmy Lai: Extradition bill will throw Hong Kong into 'pit of hell'Jimmy Lai: Extradition bill will throw Hong Kong into 'pit of hell'What it means for Hong Kong as US revokes its special trade statusHong Kong's business world divided over national security lawAre Chinese shoppers ready to spend? By 1992, the Shoppers pass a Giordano retail store on a rainy day in Hong Kong, 22 March 2005.
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