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Hong Kong protesters rally in support of Catalonia independence movement


Pro-democracy demonstrators gather at Chater Garden in Hong Kong yesterday to show their solidarity with the Catalonian independence movement.
Photo: EPA-EFE

Hong Kong protesters yesterday rallied in support of demonstrators pushing for a separate Catalonia in northeastern Spain as a Chinese official denounced months of “mad violence” in Hong Kong and forces pushing for independence.

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Hong Kong officially kills extradition bill

The Hong Kong Legislative Council yesterday formally withdrew planned legislation that would have allowed extraditions to mainland China, but the move was unlikely to end months of unrest, as it met just one of the five demands of pro-democracy protesters.

The rallying cry of the protesters, who have trashed public buildings in the Chinese-ruled territory, set street fires and thrown Molotov cocktails at police, has been “five demands, not one less,” meaning that the withdrawal of the bill makes no difference.

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Newsflash

China yesterday raised the proportion of deposits that banks must hold in reserve in the clearest sign yet that it has started to tighten monetary policy with its economy roaring back to the brink of overheating.

The 0.5 percentage point increase in the reserve requirement ratio (RRR) will take effect on Monday and will apply to all banks apart from rural credit cooperatives, the People’s Bank of China said on its Web site.