Monday, October 12, 2020

Mainland Chinese bankers are taking over Hong Kong’s financial sector, displacing their local peers in top roles — Bloomberg

And that is a good thing. 

Were you ever in HK under the UK colonial governor? I was–several times. Great for the established, awful for most of the population considering HK wealth disparity. And no, HK was not democratic then. It was governed by a British-run colonial administration. 

The quicker HK becomes Chinese, the better off the people will be, and this will involve those now benefitting from the remnant of the British raj either changing or leaving. Most will likely leave as the gravy train ends and HK as a tax haven and money laundering center winds down.


1 comment:

Peter Pan said...

Turn those bankers into farmers and fisherman, and HK may rise again.