Re: Chinese General news resource thread
While I sympathize with young protesters wanting to air out their grievances over economic reasons, their actions if continue are going to do them and Hong Kong a great disservice. HK's economy has three main pillars: finance, real estate, tourism. All of them are going to be negatively affected by this occupy central movement (instability) if it continues long after the national day holiday.
With the opening of free trade zone and commodity exchange in Shanghai, HK is steadily losing its competitive advantage as a middleman facilitating trade between China and west. Tourism industry was somewhat damaged by the overzealous and misguided anti-locust (essentially anti mainlander) campaign. One can't go piss off the biggest tourist segment and expect no repercussions. With the increased disposable income of mainlanders, they have many travelling choices, places that make them feel welcome. Essentially, time and circumstances have changed for Hong Kong. China has opened its door for business for many years. Hong Kong can no longer afford to remain complacent and aloof (to mainlanders) while expecting businesses and economic opportunities to come to them by its outdated virtue of being the gateway between China and the rest of the world.
The same applies to HK youths and young adults, they have to devote more time into education and skill training in order to improve their own competitiveness for a more challenging future than their parents' generation . I hope students protesting for economical reasons go back to school after the national holiday. Protesting peacefully and political activism are all good as long as they have their priority straight. A person with bad grades and no marketable skills is not going to get any good job offers regardless of the political system.
