Chinese Daily Photos, 2011 to 2019!
- Thread starter bd popeye
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vesicles
Colonel
OK, this is what I don't understand. The Mainland Chinese are spending money in Hong Kong. They are bringing business to HK, which stimulates economic growth and provides employment, etc. Why are the locals mad at this? Yes, the price will increase as the demand increases and the supply becomes limited accordingly. That is what happens when an economy grows! As the price goes up and supply is less, the manufacturers and retailers will need to expand their operation. That leads to further increase in employment and further increase in buying power. It's a positive feedback loop. That is why we call it stimulating the economy.
It is idiotic for someone to want to keep the price low by kicking the customers out!! It's unheard of! Of course, the price will stay low when fewer people wants to buy your products. AND guess what? The price will get even lower when NOBODY buys your goods and your goods rot on shelves. You will also have to scale back production and close down stores because no one buys your products... Simply supply and demand! And you get a negative feedback loop that snowballs into a recession... frankly, I have never heard of people who hate and want to kick out their customers who buy their goods... that simply boggles my mind...
I guess Beijing can give what the HK locals want... Close down the border with HK and limit the amount of Mainland Chinese traveling to HK. Let's see how the HK locals starts to cry when they and their friends and family begin to lose jobs. Even though the goods will be dirt cheap by that time, they still cannot afford to buy anything since they won't have money to buy with.
Equation
Lieutenant General
It has nothing to do about the price at all. It's just pure hatred at the mainlanders by some of these Hong Kongers.
SteelBird
Colonel
The issue is not today or yesterday, it's been a long time and will not end any time soon. However, if you discuss further in this issue, I'm afraid it would end up racist and flame war.
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Lives of old people in Cambodia, something you won't see in western countries.
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Lives of old people in Cambodia, something you won't see in western countries.
broadsword
Brigadier
Homeless people, young and old, can be found and they have their own locale.
SteelBird
Colonel
The people I posted above are not homeless but they have to work even at such old age.
broadsword
Brigadier
I don't know about the West, but we have many of them here.
Equation
Lieutenant General
This is sad.
ZHENGZHOU, March 3 (Xinhua) -- Twenty people were confirmed dead and 13 others injured after a bus fell off a cliff late Monday night in central China's Henan Province, rescuers said on Tuesday.
The accident occurred at around 11 p.m. near the boundary between Xinxiang City and Linzhou City when the bus with 33 people aboard was heading for Linzhou, according to local rescue headquarters.
The bus was carrying staff of a privately owned opera troupe from Xingyang City, Henan Province. The vehicle was rented by the troupe, according to the provincial culture department.
All the injured have been hospitalized. The bus is designed to carry 35 people.
The cause of the accident is under investigation.
ZHENGZHOU, March 3 (Xinhua) -- Twenty people were confirmed dead and 13 others injured after a bus fell off a cliff late Monday night in central China's Henan Province, rescuers said on Tuesday.
The accident occurred at around 11 p.m. near the boundary between Xinxiang City and Linzhou City when the bus with 33 people aboard was heading for Linzhou, according to local rescue headquarters.
The bus was carrying staff of a privately owned opera troupe from Xingyang City, Henan Province. The vehicle was rented by the troupe, according to the provincial culture department.
All the injured have been hospitalized. The bus is designed to carry 35 people.
The cause of the accident is under investigation.
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