Hong-Kong Protests

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KYli

Brigadier
Hadoren said:
Yes, what I fear most is America sanctioning a Chinese bank.

I've been researching Hong Kong banks. Sadly, most do have operations in the mainland. Banks such as HSBC, as much as I hate them, are apparently highly important to mainland banks.

Here might be some options:
  • Bank of East Asia
  • DBS Bank (Singapore)
  • Hang Seng Bank (HSBC)
  • OCBC Wing Hang Bank (Singapore)
  • Standard Chartered (UK)
These could be on the very public list of banks for NSL people. Note that I'm not a banking expert, so please correct me if damaging any of these would do strong damage to mainland China.

One problem is that the foreign headquarters could try to prohibit NSL people from banking with these institutions. At that point Hong Kong would have to split the Hong Kong institution from the foreign headquarter. Ideally it'd be better to have local Hong Kong owned banks.

With respect your "special unit for circumventing ALL American sanctions," China does have those banks: Banco Delta Asia, Bank of Dandong, and Bank of Kunlun. Unfortunately none operate in Hong Kong.
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These banks are irrelevant in China. HSBC and Standard Chartered are important to HK only. Big 4 Chinese banks control 14 trillions of assets in China.

I think most people just don't get that Hong Kong is the world third biggest financial center and China is the world second biggest economy. China might have been reluctant to retaliate but if the US went too far then we would see decoupling. That means nothing is off the table. Most US banks would be forced to exist China and HK which are a big part of their businesses. HSBC and Standard Chartered would either bow to China or file bankruptcy because majority of their assets and profits are made in HK and China.
 
localizer

localizer

Colonel
Registered Member
Seeing what the US is doing to Huawei and Gazprom, ALL Chinese institutions and private persons need to prepare, no one else to blame but self for not being careful

CCP that insists on having family and assets in the US are retards and will be cleaned up coming november.
 
E

emblem21

Major
Registered Member
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localizer said:
Seeing what the US is doing to Huawei and Gazprom, ALL Chinese institutions and private persons need to prepare, no one else to blame but self for not being careful

CCP that insists on having family and assets in the US are retards and will be cleaned up coming november.
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Seeing that in the latest ressesion (the one that screwed up the USA badly and this current crisis being worse so far then the last by an order of magnitude) that China helped the USA to bailed out of that one and that now China isn’t in the mood to help this time round, the USA , this may be a good time to see how well the USA corporations do with out China supplying them with goods should it come to it. If the USA cannot manufacture on China’s scale and given that a lot of this USA firms needs Chinas help to survive night now, I would say that China has a lot of room to retaliate. If Trump cannot fix the unemployment issue by the months end and should society breakdown in the USA then all there actions towards Huawei would have been for nothing
 
T

Tyler

Captain
Registered Member
emblem21 said:
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Seeing that in the latest ressesion (the one that screwed up the USA badly and this current crisis being worse so far then the last by an order of magnitude) that China helped the USA to bailed out of that one and that now China isn’t in the mood to help this time round, the USA , this may be a good time to see how well the USA corporations do with out China supplying them with goods should it come to it. If the USA cannot manufacture on China’s scale and given that a lot of this USA firms needs Chinas help to survive night now, I would say that China has a lot of room to retaliate. If Trump cannot fix the unemployment issue by the months end and should society breakdown in the USA then all there actions towards Huawei would have been for nothing
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China should just raise prices right now by boosting the RMB. Why sell products for cheap and then get blamed for their trade deficit?
 
localizer

localizer

Colonel
Registered Member
Peter2018 said:
China should just raise prices right now by boosting the RMB. Why sell products for cheap and then get blamed for their trade deficit?
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Totally agree. Time to sell US treasuries and go domestic. Remove minimum wage to still maintain export power to EU and stuff.

Chinese ain't gonna picked on again.
 
T

Tyler

Captain
Registered Member
weig2000 said:
Hong Kong doesn't have to pay any tax to central government and yet it has enjoyed all kinds of support from central government Do you know why the Hong Kong-Macao-Zhuhai bridge does not connect to Shenzhen even though Shenzhen was so close to it and it would make so much sense to have a branch to Shenzhen?.
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That is because Shenzhen is building another bridge/tunnel across to Zhongshan.
Hong Kong has a Hong Kong–Shenzhen Western Corridor bridge link to Shenzhen already.
 
localizer

localizer

Colonel
Registered Member
Peter2018 said:
That is because Shenzhen is building another bridge/tunnel across to Zhongshan.
Hong Kong has a Hong Kong–Shenzhen Western Corridor bridge link to Shenzhen already.
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We need to remove all border restrictions from mainalnd to HK and change the roads to right handed.
 
W

weig2000

Captain
Peter2018 said:
That is because Shenzhen is building another bridge/tunnel across to Zhongshan.
Hong Kong has a Hong Kong–Shenzhen Western Corridor bridge link to Shenzhen already.
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The point is NOT about linking Shenzhen with Hong Kong. It is about linking Shenzhen with Macao and Zhuhai with the same bridge.

And, Shenzhen had to build the Shenzhen-Zhongshan AFTER the Hong Kong-Macao-Zhuhai started WITHOUT a branch to Shenzhen. The sequence of the timing is important, mind you.
 
T

Tyler

Captain
Registered Member
weig2000 said:
The point is NOT about linking Shenzhen with Hong Kong. It is about linking Shenzhen with Macao and Zhuhai with the same bridge.

And, Shenzhen had to build the Shenzhen-Zhongshan AFTER the Hong Kong-Macao-Zhuhai started WITHOUT a branch to Shenzhen. The sequence of the timing is important, mind you.
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The point where the Macau bridge connects to Hong Kong is far away from the HK-Shenzhen border.
Why not build a bridge connecting Macau/Zhuhai/Zhongshan on the west side and Shenzhen/Hong Kong on the east side instead?
It is because the geographic position of these places are too far apart.
 
K

KYli

Brigadier
Peter2018 said:
The point where the Macau bridge connects to Hong Kong is far away from the HK-Shenzhen border.
Why not build a bridge connecting Macau/Zhuhai/Zhongshan on the west side and Shenzhen/Hong Kong on the east side instead?
It is because the geographic position of these places are too far apart.
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It is a Y bridge so there are two points of connection and one of them would be located in Shenzhen if HK didn't object to that. However, the Shenzhen-Zhongshan tunnel is actually beneficial as it is a more direct route for Shenzhen.
 
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