An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Wednesday, July 29, 2020
Has anything changed since 1840? Trade, imperialism, Hong Kong and the Pearl River Delta megacity — Aidan O'Brien
Must-read backgrounder on China and Hong Kong in relation to the West and how the game has changed in China's favor.
"And China’s 1840 DNA? Unlike Hong Kong, China has changed beyond recognition. The Pearl River Delta Megacity is proof of this. And so too is China’s 2020 National Security Law. Being abruptly denied the right to politically interfere in Hong Kong is a humiliation for London and Washington. China’s decision to checkmate western subterfuge is the culmination of a successful developmental model. One that’s global in scope rather than western-centric."
"And China’s 1840 DNA? Unlike Hong Kong, China has changed beyond recognition. The Pearl River Delta Megacity is proof of this. And so too is China’s 2020 National Security Law. Being abruptly denied the right to politically interfere in Hong Kong is a humiliation for London and Washington. China’s decision to checkmate western subterfuge is the culmination of a successful developmental model. One that’s global in scope rather than western-centric."
ReplyDeleteThis is craven pro-Beijing propaganda.
Or projection on the part of self-loathing westerners.
ReplyDelete