French President Emmanuel Macron has told Chinese counterpart Xi Jinping he is following events in Hong Kong closely and continues to back the “one country, two systems” principle for Beijing’s rule over the city, an Elysee official said. “The President said he was monitoring the (Hong Kong) situation closely and reiterated France’s support for the principle of ‘one country, two systems’,” the official told Reuters on Saturday. China has approved security legislation for Hong Kong that democracy activists, diplomats and some in business fear will jeopardise its semi-autonomous status and its role as a global financial hub.