Hong Kong's Apple Daily Runs Low on Funds to Print Paper
Published Date: 6/20/2021
Source: Bloomberg Politics
Jun.20 -- Hong Kong’s Apple Daily newspaper has enough cash on hand to continue operating as normal only for a couple of weeks, according to a person familiar with the matter. Authorities used a sweeping national security law to freeze assets of the pro-democracy paper's publisher, and arrested top editors and executives. Meanwhile, Taiwan said it recalled representative officials from Hong Kong, citing “unreasonable political preconditions” for its personnel to operate in the city. Stephen Engle reports on "Bloomberg Daybreak: Australia."