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China Drawing Up Plan to Replace Hong Kong's Lam, FT Says

Oct.22 -- The Chinese government is drafting a plan to replace Hong Kong’s Carrie Lam with an “interim” chief executive, the Financial Times reported. Meanwhile, Financial Secretary Paul Chan unveiled a range of relief measures worth about HK$2 billion ($255 million) targeting tourism and the transportation industry in a renewed effort to help businesses grappling with the economic fallout of ongoing political turmoil. Stephen Engle reports on "Bloomberg Daybreak: Asia."
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