Miscellaneous News

AssassinsMace

Lieutenant General
This is true and may be convenient in some ways however it is bound to be a Pyrrhic victory as China will have a ruined HK with a much larger number of dispossessed people of little use to China who will then be disgruntled for valid non-political reasons.

The anti-China faction of the world wants China to move-in for their own propaganda purposes. They don't care how many people die. They want to use it for propaganda purposes. The West is warning China not to send in the troops. So for China to come out on top is let these protestors become the hooligans they are and wait until the people of Hong Kong have had enough and then they will want the PAP to restore order. Hong Kong is nothing unique. Nothing they do can't be done anywhere else. Hong Kong doesn't exists without China. Foreign companies are there not because of Hong Kong but because of China. In the YouTube video I posted earler, one of the protestors who was arguing with the Australian businessman was trying to paint him into a corner by trying to make him admit to being selfish. What's selfish is these protestors want the Western world to send in their armies to take Hong Kong from China. How many of their soldiers are going to die for Hong Kong when they won't take up arms and do it themselves? And the irony is these protestors don't know is they are their frontline soldiers because their saviors don't want to sacrifice their lives for Hong Kong because if they fail, they'll have legitmately angry China working against their interests in the world. President Duterte had it right when he taunted the US to attack China. He knows the Philippines is being used as a sacrificial lamb for a foreigner's self-interests that does nothing for the Philippines.
 

Gatekeeper

Brigadier
Registered Member
Breaking news from CGTN,

Trump extend another 90 days for Huawei to purchase US components, once the present excemption runs out.

Also, some good (mostly furnitures) get excemption from the proposed 10% tariff from september.

Trump is no longer blinking, he's bleeding!
 

manqiangrexue

Brigadier
Breaking news from CGTN,

Trump extend another 90 days for Huawei to purchase US components, once the present excemption runs out.

Also, some good (mostly furnitures) get excemption from the proposed 10% tariff from september.

Trump is no longer blinking, he's bleeding!
In my opinion this continuous 90 day extension is the stupidest way to go about this. It not only keeps the urgency on Huawei to innovate its own parts, it also gives Huawei more and more cushion time to do so properly. Trump did this because American companies like Qualcomm and Micron are complaining that they are taking severe hits to their revenue so these 90 day extensions were made so they have time to diversify from China but they cannot use this buffer time well because there is no amount of time that would allow a market to emerge replacing the Chinese market. Meanwhile, Huawei can use this time very well to innovate its US-replacement technologies. If Trump committed to a total ban without regards to American losses then the US companies will certainly take it on the chin but at least it will present serious short term challenges to Huawei. This 90 day-by 90 day strategy only prepares Huawei to slide out from US tech with minimal disruptions while setting up the US companies to take it on the chin all the same just at a later date.


News conference given by Hong Kong students demanding UK and USA to come and establish "law to protect" Hong Kong, (in effort, bring back colonial status). Lol.

Go and get an education!

You just can't make it up.
LOLOL The UK is like, "We just had to release an Iranian ship we stole because it turns out Iran's not so easy to bully. You want us to get into a tussle with WHOM now??"
 
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This is how it turns against the protestors.


I was watching CNN and they had a report on how the Mainland media is one sided on their coverage of what's happening in Hong Kong. LOL!!! You mean contradicting how many are claiming Beijing is completely hiding what's happening in Hong Kong? Like the US media isn't supporting the protestors? Even when the protestors are committing violence, they make excuses for them. They're so protective of "journalists" around the world yet they were silent when a Global Times reporter was savagely beaten by protestors. So who's the one hiding what's going on in Hong Kong?


What a bunch of idiotic students. They should be down on their knee apologizing to everyone whose denied their rights to movement and yet we see them here arguing with those inconvenience and telling them to look at poor me being denied freedom to wreak havoc. Pathetic and does not bode well for HK with kids like that. Have no thread of sympathy for these people anymore. They are bunch of privileged brats.
 
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News conference given by Hong Kong students demanding UK and USA to come and establish "law to protect" Hong Kong, (in effort, bring back colonial status). Lol.

Go and get an education!

You just can't make it up.

The whole idea for these kids is their privileged status vis-à-vis mainland Chinese are steadily being eroded over time and they perhaps want the UK to restore their privileged status? They are unable to compete on equal footing and need their former master to restore former colonial order. Sound about right to me. I know enough native born HK people to know this.
 
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supercat

Major
It's true that handouts by the HK government doesn't have to be limited to this round or these methods. However in this instance the social service aspect of stimulus is as important as its technical economic aspect, if the stimulus doesn't alleviate the hardship of enough of the affected population then it is ineffective on that front.

Yes, preventing economic recession is as important as relieving economic hardship for the ordinary people.

Economic malaise have reached the point where it fuels political discontent among the silent majority, and it is not a good thing when both the powerful and the loud don't address it as it will get worse.

I would think that HK's worst economic malaise is its rampant wealth and income disparity, and the rapid increase in housing cost that far outpace the rise in incomes for the working class. While it's understandable that the tycoons and powerful would rather remain silent on this matter, the question is why the protestors do not raise the issues either, if that's the real problems they want to address? Maybe they, under the direction of their Western overlords, do not want to expose the true nature of the problem, that it's a problem of laissez faire capitalism? Maybe they are even afraid that China, a socialist country with Chinese characters, will not hesitate to ask HK government to implement more "socialist policies" in Hong Kong to alleviate the hardship of the working class and the poor, winning their hearts and minds, as a result, they, as protesters, will lose the support of the HK society?
 
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Yes, preventing economic recession is as important as relieving economic hardship for the ordinary people.

I would think that HK's worst economic malaise is its rampant wealth and income disparity, and the rapid increase in housing cost that far outpace the rise in incomes for the working class. While it's understandable that the tycoons and powerful would rather remain silent on this matter, the question is why the protestors do not raise the issues either, if that's the real problems they want to address? Maybe they, under the direction of their Western overlords, do not want to expose the true nature of the problem, that it's a problem of laissez faire capitalism? Maybe they are even afraid that China, a socialist country with Chinese characters, will not hesitate to ask HK government to implement more "socialist policies" in Hong Kong to alleviate the hardship of the working class and the poor, winning their hearts and minds, as a result, they, as protesters, will lose the support of the HK society?

Public Housing including Home Ownership Scheme are heavily utilized and heavily subsidized by the HK government. Half of HK people are beneficiary for such scheme. In addition, well to do folks are also heavily invested in real estate. Hence there are conflicting interest on real estate price. If anything, there is a segment of people aggrieved on why real estate is not rising as much as in previous decades.

They may not want to bring attention on those entitlement.
 
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I would think that HK's worst economic malaise is its rampant wealth and income disparity, and the rapid increase in housing cost that far outpace the rise in incomes for the working class. While it's understandable that the tycoons and powerful would rather remain silent on this matter, the question is why the protestors do not raise the issues either, if that's the real problems they want to address? Maybe they, under the direction of their Western overlords, do not want to expose the true nature of the problem, that it's a problem of laissez faire capitalism? Maybe they are even afraid that China, a socialist country with Chinese characters, will not hesitate to ask HK government to implement more "socialist policies" in Hong Kong to alleviate the hardship of the working class and the poor, winning their hearts and minds, as a result, they, as protesters, will lose the support of the HK society?

The quandary that Hong Kong is in is a perfect storm of many factors, addressing the question of why protesters don't bring up the issue of housing unaffordability is a good example for examining the Gordian knot.

One aspect is the likely political and economic strategic dead end you pointed out.

Another aspect is that the hard/core protesters/opposition are anti-CCP/communism ideologues who cannot bring themselves to be critical of capitalism and essentially demand more communism/socialism.
Another aspect is the division among the population as to how they want the housing market to go, as pointed out by Dolcevita's post:
Public Housing including Home Ownership Scheme are heavily utilized and heavily subsidized by the HK government. Half of HK people are beneficiary for such scheme. In addition, well to do folks are also heavily invested in real estate. Hence there are conflicting interest on real estate price. If anything, there is a segment of people aggrieved on why real estate is not rising as much as in previous decades.

They may not want to bring attention on those entitlement.
Tinkering with the housing market will also affect many practical aspects of governing Hong Kong and will require handling many interconnected issues as it is the major source of local government revenue, a major pressure valve for Chinese hot money, and a major industry that provides a lot of decent paying jobs.

The hard/core protesters/opposition are also rallying around and tapping into the delusion popular among a larger subset of the population that Hong Kong's future can be the same as its past, this includes colonial prejudices of superiority over other Chinese that Dolcevita mentioned in another post albeit in an unhelpful manner, as many subsets of the Chinese diaspora not from Hong Kong holds mirroring prejudices against other Chinese including Hong Kong/ers even if there is not the colonial angle. Aside from the prejudices there is also a genuine culture gap that is a legacy of colonialism.

Lack of political will, vision, and action on tough issues by the Hong Kong government over many past years have certainly not helped, neither has the purely obstructionist opposition nor the moneymaking-tunnel-visioned swathes of society, another colonial legacy.

 
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