Hong-Kong Protests

montyp165

Senior Member
I'm really surprised that HK doesn't have Internet industry Startups. I though a combination of East and West along with a "golden child" status from mainland should means that products like TikTok should be born there.

The cultural environment in HK just like in Taiwan has a tendency to promote entitled chauvinism rather than constructive innovation, as that requires a notion of actively cultivating something rather than just receiving benefits.
 

caudaceus

Senior Member
Registered Member
The cultural environment in HK just like in Taiwan has a tendency to promote entitled chauvinism rather than constructive innovation, as that requires a notion of actively cultivating something rather than just receiving benefits.
Taiwan also perplexing. They got a good electronic industries but they can't really build a massive brand. BenQ, Asus, HTC are nowhere near BKK or Huawei or Xiaomi. Rests are OEM manufacturers like Pegatron or Foxconn.

P.S. I also heard that salaries in Taiwan are sucks even compared to mainland.
 

Gatekeeper

Brigadier
Registered Member
Tbh I'm not all that concerned about racism in historically white places like EU.


It's racism from whites in the Americas and Australia that makes no sense.

Yes I agree. But that wasn't my point. My point was that the Boris & Rabbs have been playing politics telling the world that UK is going to accept 2 millions BNO Hong Kong condoms in. They and a poster here (you know which one) completely poo poo any racial problems that arises if these condoms come calling in the UK. Simply because it doesn't plays into their narratives of making China look bad.
 

Gatekeeper

Brigadier
Registered Member
My theory , please let me know if I am wrong...

Colonial HK was founded on the basis of a weak China and monopolized trade, and designed to favor the ultra-wealthy colonialists. To the extent HK can monopolize trade off a weak China, there was enough wealth to trickle-down to HK's booming population.

Now that China is strong and, bypassing HK for trade, BUT the colonial structure favoring the ultra-rich still remains. Essentially, HK is reduced to a tax haven, money laundering center, and playground for ultra-wealthy around the world.

This is a recipe for long-term civil unrest, esp. with 7.5 million population.

Half that population needs to find better economic opportunities on the mainland. Have you ever seen a tax haven with population over 1 million? Most are 500K at most... HK at 7.5 million is unsustainable.

Hong Kong was and still is much more than a tax heaven. It was and still is a major financial centre. It channels a lot of funds into China.
 

Phead128

Major
Staff member
Moderator - World Affairs
Hong Kong was and still is much more than a tax heaven. It was and still is a major financial centre. It channels a lot of funds into China.

Let me clarify.

Half of HK's population needs to move into mainland for better economic opportunities because channeling funds is mostly computer-driven by major banks. The lucrative senior finance bankers are increasingly 60-30 mainlanders as opposed to native HKers, and there are not enough finance jobs available for entire HK population.

Prior to riots, I would argue that Tourism could sustain a large portion of population, but with that destroyed due to riots/pandemic, can property speculation and finance prop up a 7.5 million population? It's a recipe for civil unrest.
 

Gatekeeper

Brigadier
Registered Member
Let me clarify.

Half of HK's population needs to move into mainland for better economic opportunities because channeling funds is mostly computer-driven by major banks. The lucrative senior finance bankers are increasingly 60-30 mainlanders as opposed to native HKers, and there are not enough finance jobs available for entire HK population.

Prior to riots, I would argue that Tourism could sustain a large portion of population, but with that destroyed due to riots/pandemic, can property speculation and finance prop up a 7.5 million population? It's a recipe for civil unrest.

Don't get me wrong, I don't entirely disagreeing with you. It just that Hong Kong was first and foremost entreport. Then it transform itself to a cheap manufacturing base. In the 1950s to 1970s. All plastic toys have a made in Hong Kong stamp on it. I know I have made enough of those as a very young child to last anyone a life time.

From 1980s on wards, it transform itself to a major financial centre. A gateway where east meets the West. In the past 20 years it transform again to a tourist destination.

Now the future is uncertain thanks to those condoms being used and discarded now game is up.
 
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