John Lee Ka-chiu, the only candidate for Hong Kong’s next chief executive, revealed that he could only raise funds in cash due to U.S. sanctions, according to local media reports. Businesspeople interested in supporting Lee’s campaign were reportedly reluctant to donate using their real names for fear of becoming targets of further U.S. sanctions.
The 2022 Hong Kong Chief Executive election is scheduled for this Sunday, May 8. Incumbent Carrie Lam, who was elected in 2017, will finish her term on June 30. She announced that she would not seek a second term, making Lee the only candidate for the city’s highest office.