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Hong Kong Elite Face Backlash for Funding Critics

1/19/2025

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Summary

Story summary

Hong Kong's business elite, led by CLP Group's Michael Kadoorie, are under fire for financially backing The Wall Street Journal and The New York Times, known for their critical coverage of the city. Detractors claim this funding misallocates resources that could instead bolster local projects, fueling a narrative of betrayal against the community.

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Story summary

Hong Kong's business elite, led by CLP Group's Michael Kadoorie, are under fire for financially backing The Wall Street Journal and The New York Times, known for their critical coverage of the city. Detractors claim this funding misallocates resources that could instead bolster local projects, fueling a narrative of betrayal against the community.