{"id":275682,"date":"2022-08-05T09:39:51","date_gmt":"2022-08-05T04:39:51","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=275682"},"modified":"2022-08-05T09:39:51","modified_gmt":"2022-08-05T04:39:51","slug":"new-hong-kong-chief-among-worlds-highest-paid-politicians","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/new-hong-kong-chief-among-worlds-highest-paid-politicians\/","title":{"rendered":"New Hong Kong chief among world\u2019s highest-paid politicians"},"content":{"rendered":"<p> HONG KONG<br \/>\nHong Kong\u2019s new leader John Lee received a salary bump that would make him among the world\u2019s highest-paid politicians, according to figures provided by his office on Wednesday, even as the financial hub\u2019s economy undergoes a downturn.<br \/>\nThe government announced this week that its economy has tipped into a technical recession, after being battered by the pandemic, mounting interest rates and weakened global trade. Despite the city\u2019s dip in fortunes, the chief executive will still be comfortably compensated, according to figures provided by his office.<br \/>\nThe former security chief, who assumed office in July, is paid HK$452,200 ($58,000) a month, and will receive an entertainment allowance of over $10,000 as well, his office told AFP Wednesday.<br \/>\nHis salary is a step-up from that of his predecessor Carrie Lam, who used to earn around $54,000 a month.<br \/>\nThis means Lee earns more than US President Joe Biden &#8212; whose annual salary is $400,000 &#8212; and is second only to Singaporean leader Lee Hsien Loong, who nets around $1.6 million a year.<br \/>\nThe 64-year-old was chosen for Hong Kong\u2019s top job earlier this year after running unopposed, with his campaign receiving around $1.4 million in donations.<br \/>\nLike Lam, he is also subject to sanctions by the United States for his role in China\u2019s ongoing crackdown on freedoms in the city.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG Hong Kong\u2019s new leader John Lee received a salary bump that would make him among the world\u2019s highest-paid politicians, according to figures provided by his office on Wednesday, even as the financial hub\u2019s economy undergoes a downturn. The government announced this week that its economy has tipped into a technical recession, after being [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":275691,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-275682","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Hong Kong chief among world\u2019s highest-paid politicians<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/new-hong-kong-chief-among-worlds-highest-paid-politicians\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Hong Kong chief among world\u2019s highest-paid politicians\" \/>\n<meta property=\"og:description\" content=\"HONG KONG Hong Kong\u2019s new leader John Lee received a salary bump that would make him among the world\u2019s highest-paid politicians, according to figures provided by his office on Wednesday, even as the financial hub\u2019s economy undergoes a downturn. The government announced this week that its economy has tipped into a technical recession, after being [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/new-hong-kong-chief-among-worlds-highest-paid-politicians\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-05T04:39:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/08\/979344_963560_john-lee_updates.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" 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