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Re: BREAKING: 14 pro-democracy activists convicted of subversion in Hong Kong

By: clo2 in ALEA | Recommend this post (0)
Thu, 30 May 24 12:02 PM | 26 view(s)
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Msg. 53175 of 54959
(This msg. is a reply to 53174 by Cactus Flower)

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I agree!

and China can't afford to have businesses contract, and or pullout. Their economy is already on the edge.


Do something positive.




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The above is a reply to the following message:
Re: BREAKING: 14 pro-democracy activists convicted of subversion in Hong Kong
By: Cactus Flower
in ALEA
Thu, 30 May 24 11:09 AM
Msg. 53174 of 54959

China is foolish here for several reasons.

But from a pure economic perspective, Hong Kong is the goose that laid the golden egg for China. Its growth depends upon Hong Kong's international financial clout. And Hong Kong's role as a financial centre depends upon freedom and the rle of law. Take that away and it is, well, just anther piece of an autocratic state in which the investment incentives are relatively narrow.


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