Showing posts with label Hong Kong. Show all posts
Showing posts with label Hong Kong. Show all posts

Wednesday, February 26, 2020

Zero Hedge — Hong Kong Embraces Helicopter Money - Govt Gives Every Adult Citizen HK$10,000


HK "goers there."

Zero Hedge
Hong Kong Embraces Helicopter Money - Govt Gives Every Adult Citizen HK$10,000
Tyler Durden

Tuesday, November 26, 2019

Can Hong Kong Avoid Tragedy? Andrew Sheng and Xiao Geng

To protect their own futures, the people of Hong Kong must reflect carefully on the need to end violent protests and work together to address genuine grievances. The alternative is not some fantasy of an independent and thriving Hong Kong. It is a devastated economy, a divided society, and a lost generation.
Project Syndicate
Can Hong Kong Avoid Tragedy?
Andrew Sheng, Distinguished Fellow of the Asia Global Institute at the University of Hong Kong and a member of the UNEP Advisory Council on Sustainable Finance, and former chairman of the Hong Kong Securities and Futures Commission; and Xiao Geng, President of the Hong Kong Institution for International Finance, and professor and Director of the Research Institute of Maritime Silk-Road at Peking University HSBC Business School

Monday, October 14, 2019

A Different View From Hong Kong — Rod Dreher


Yesterday I put up a critical post by Rod Dreher. Today, he has posted a counterview he received from former Hong Kong native whose parents live there.

The American Conservative
A Different View From Hong Kong
Rod Dreher

See also

Terrorism?

Zero Hedge
Hong Kong Police Targeted With Explosive Device
Tyler Durden

Sunday, October 13, 2019

An alternative view of HK protests — George Koo


Backgrounder.

Asia Times
An alternative view of HK protests
George Koo

A US view

The American Conservative
Mortal Kombat Against Beijing’s Agents
Rod Dreher

Which is off the wall?


RT — Xi warns any attempt to divide China will end in ‘SHATTERED BONES’

Chinese President Xi Jinping has issued a blunt and unambiguous warning to any foreign actors trying to tear Hong Kong from Beijing, stating that such plots would not end well for the perpetrators.
"Any attempt to split China in any part of the country will end in crushed bodies and shattered bones," he told Nepal's Prime Minister KP Sharma Oli in a meeting on Sunday, according to China's state broadcaster CCTV. He added that the Chinese people would consider any outside effort to divide their country as “pipe-dreaming.”
RT

Behind Hong Kong’s Black Terror —Pepe Escobar


Backgrounder of black blocs in general and of the HK black bloc.

Global Research
Behind Hong Kong’s Black Terror
Pepe Escobar
Crossposted at Strategic Culture Foundation

Clock ticking on Hong Kong luxury store closures if protests continue – it could end up like a third-tier city in China, LVMH executive says — Vincenzo La Torre

  • Hong Kong is the most important market in Asia for luxury brands – as a stepping stone to mainland China and a magnet for shoppers from there and wider region
  • Brands are unlikely to invest more in the city now, and could start downsizing as soon as January, an adviser to the luxury retail industry says
South China Morning Post
Clock ticking on Hong Kong luxury store closures if protests continue – it could end up like a third-tier city in China, LVMH executive says
Vincenzo La Torre

See also

Backgrounder

Global Research
The History of Hong Kong, Britain’s Colonial Legacy. Fast Forward to 2019
Larry Romanoff

Monday, September 16, 2019

On the ground, feeling the pulse of Protest Hong Kong — Pepe Escobar

Two years ago, in Hamburg, Special Forces were deployed against black bloc looters. In France, the government routinely unleashes the feared CRS even against relatively peaceful Gilets Jaunes/Yellow Vest protesters – complete with tear gas, water cannons and supported by helicopters, and nobody invokes human rights to complain about it. The CRS deploy flash ball strikes even against the media....
Western media accounts, predictably, focus on the radical fringe, as well as the substantial fifth-columnist contingent. This weekend a few hundred staged a mini-protest in front of the British consulate asking, essentially, to be given asylum. Some of them are holders of British National Overseas (BNO) passports, which are effectively useless, as the provide no working or residency rights in the UK.
Other fifth-columnists spent their weekend waving flags from Britain, Australia, Canada, France, Germany, Japan, Poland, South Korea, Ukraine, US, Taiwan, and last but not least, the Hong Kong colonial flag.…
But what about the rest, the overwhelming plurality? Pepe Escobar fills us in. He used to live there and knows the ground.

I was there on several occasions decades ago when "the pearl of the Orient" was still a British colony. Doesn't sound much different now other than that the money has overflowed to the top owing to the property bubble, and most of the working people are still in pretty bad shape socially, politically and economically.


The Vineyard of the Saker

Saturday, September 14, 2019

Why the Protestors of Hong Kong Are Destroying the Prosperity of Their Country — Martin Seiff


Martin Sieff is exactly right on this IMHO, recalling his boyhood experience in Belfast as precedent.

The protestors and West believes that Hong Kong is a vital resource for China, but they apparently do not realize that this is no longer so. Hong Kong's contribution to the Chinese economy has shrunk greatly, and China has already been planning to replace it with Shanghai as a financial center, as it use to be, and other centers on the mainland. Reports reveal that Hong Kong is already being abandoned.

China won't relinquish it sovereignty over Hong Kong without a fight, which highly unlikely to happen. But Hong Kong is no longer the "pearl of the Orient" in China's estimation. It has served its purpose and is already in the process of being replaced by truly Chinese financial and business centers at the core. 

In fact, Hong Kong is an uncomfortable reminder of Chinese humiliation during the colonial period. For that reason alone, Hong Kong would eventually be doomed to oblivion in the new China as China regains its traditional position as the "Central Realm," replacing the "upstart" US with a short history and no culture. 

Even Europeans were running around in bear skins, who Romans considered uncivilized barbarians, while China was already an ancient civilization largely unknown to the West. Traditional societies like China now view Western civilization degenerating under the excess of its liberal philosophy, now being pushed its logical conclusion of "anything goes."

Taking the long view, China was in no rush for this break to happen. But the short-term thinking of others has now forced the issue, the "others" being the protestors and their backers.

This is just another step in the process of decolonization that is now going on in the non-West as "liberal globalization" (neoliberalism, neo-imperialism and neocolonialism) is rolled back.

Strategic Culture Foundation
Why the Protestors of Hong Kong Are Destroying the Prosperity of Their Country
Martin Seiff, formerly senior foreign correspondent for The Washington Times and United Press International

Sunday, September 1, 2019

Zero Hedge — "Burn With Us" - Protesters Clash With Riot Police At Hong Kong Airport Amid Surge Of Violence


This is no longer marketable as a non-violent protest. It is turning into open revolt. The Chinese leadership is unlikely to put up with this escalation indefinitely, only long enough for the protestors to discredit themselves. The West is unlikely to intervene directly, and imposing more sanctions won't matter much either. The decision seems to have been taken to decouple. 

In the long run, this bodes ill for Hong Kong. It will be replaced by similar facilities and operation on the mainland, and that is already in the works. How does that affect Hong Kong real estate, some of the most expensive in the world?

Zero Hedge
"Burn With Us" - Protesters Clash With Riot Police At Hong Kong Airport Amid Surge Of Violence
Tyler Durden

Monday, January 2, 2017

Sputnik International — China Warns It Won’t Allow Anyone to Use Hong Kong for Rebellion

On Sunday, the director of China's liaison office in Hong Kong, Zhang Xiaoming, said in an interview with state broadcaster CCTV that Beijing will not tolerate attempts to use Hong Kong as a base for rebellion.
"Hong Kong should never allow anyone to do any forms of activities that are harmful to China's sovereignty and security, to challenge the powers of the central government and the authority of the HKSAR Basic Law, or to take advantage of the HKSAR to engage in infiltrative and subversive activities to sabotage the social and political stability of the Chinese mainland," Zhang said. "These are the three bottom lines."
Drawing the (red) lines. Target? US and UK.

Sputnik International
China Warns It Won’t Allow Anyone to Use Hong Kong for Rebellion

Monday, October 27, 2014

Stuart Leavenworth — How Britain failed to ensure democracy in a China-ruled Hong Kong

Paradoxically, Great Britain never introduced democracy to Hong Kong; the governor was appointed by London and there were no elections.…
McClatchy
How Britain failed to ensure democracy in a China-ruled Hong Kong
Stuart Leavenworth | McClatchy Foreign Staff

Read more here: http://www.mcclatchydc.com/2014/10/27/244820/how-thatcher-failed-to-ensure.html#storylink=cpy



Read more here: http://www.mcclatchydc.com/2014/10/27/244820/how-thatcher-failed-to-ensure.html#storylink=cpy

Monday, October 20, 2014

Shannon Tiezzi — Hong Kong's Leader: Univeral Suffrage Threatens Business Interests

Chief Executive CY Leung said that universal suffrage could turn Hong Kong into a welfare state.
Channeling Michael Bloomberg and Occupy Wall Street.

The Diplomat
Hong Kong's Leader: Univeral Suffrage Threatens Business Interests
Shannon Tiezzi

Tuesday, October 14, 2014

Tass — China Calls Sanctions Against Russia "Mistake", Accuses West of Trying to Destabilize Hong Kong

China strongly opposes the sanctions against Russia and considers them a mistake, China’s Vice Premier Wang Yang said on Saturday.…

The Chinese vice premier said Western countries now were trying to support the opposition in Hong Kong.

“Their purpose is clear - they want to organise the so-called colour revolution,” he said adding that under the current circumstances Russia and China should focus on development of mutually advantageous cooperation, thus responding to the West.
Tass
China Calls Sanctions Against Russia "Mistake", Accuses West of Trying to Destabilize Hong Kong