Breakingviews – Hong Kong chief's humiliating retreat comes late
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Hong Kong’s embattled leader is beating a belated retreat. Carrie Lam said on Tuesday that a controversial bill allowing extraditions to the mainland was dead, calling the government’s work to amend the law a total failure. The humiliating climbdown aims to defuse street protests; but she’ll need more to regain the confidence of corporate bosses, investors and citizens.