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April 22, 2016

Chinese Estates executive defends dual passports


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    Chinese Estates executive defends dual passports
The vice-chairman of Chinese Estates Holdings and the chairman of the Commission on Youth, has defended his dual citizenship, which has been highlighted in a report based on the so-called Panama Papers, which have spotlighted the foreign investment activities and business holdings of a number of high profile Hong Kong people.

Lau Ming-wai, said dual citizenship is common in Hong Kong and is allowed under the one-country-two-system principle, but added that he would give up his British citizenship if he had to – although he had no plans to at present.

"There are only three circumstances where I will give up my British citizenship and choose the Chinese citizenship. The first one is: if we follow mainland China. If we follow mainland China and ban dual citizenships, in that case I’ll have to make a choice and that choice will be Chinese citizenship – simple as that," Lau said. 

The second and third reasons to give it up would be to run for LegCo or join the Hong Kong government, neither of which interested him, so he had no interest in giving up his dual citizenship "for the foreseeable future", Lau added.

http://news.rthk.hk/rthk/en/component/k2/1255865-20160421.htm