Is China Bad for Hong Kong’s Economy?

Is China Bad for Hong Kong’s Economy?

China Promised Hong Kong One Country, Two
Systems But the reality looks much different How is the CCP’s broken promise Affecting Hong Kong’s Economy? Welcome back to China Uncensored, I’m Chris
Chappell. Joining me today is Edward Chin, Hong Kong activist, hedge fund manager, and founder of 2047 Hong Kong Monitor. Thanks for joining me Ed. Chris it’s good to see you in less than 100
days, I think? Less than 100 days or about. Well, so these protests have been going on
for a long time now, over 100 days. How has that affected the economy of Hong
Kong? Some of the retail businesses definitely have
suffered, but a lot of people are sympathetic about
the current situation because almost it’s like the last fight for
Hong Kong’s core values, freedom of speech, freedom of press, and freedom to move around Hong Kong even. Seems like Hong Kong is turning into more
like a semi police state. It’s something I don’t want to see as a business
person. Yeah. I mean you’ve seen police and protestors clashing
in malls, that’s definitely not good for businesses. No, it’s not, I have seen students, very young
people, very young age, 12, 13 years old even, and very senior people, senior in terms of
age. They come out in unison to defend what they
think. And it’s not just young people protesting. There’s been lawyer protest, doctor protest. This is really in all level of society. I’m touched honestly, like the medical profession, they do come out, not just the paramedics. I have seen one fifth year medical school
student name remain anonymous. He would put on full gear. At first, he was just a paramedic. But when police which is driven by money because
of the over pay, you were paid like one and a half, two times pay as a policeman to control the
situation so to speak. When you fire so many tear gas canisters towards
demonstrators, the young doctors to be, they would gear up
now. I’ve seen them like dressed as more the Batmans, The Avengers so to speak, right, to defend that this is almost like the last
fight they believe in because they were born like in the ’90s or
they are millennials. So they really believe like this is their
Hong Kong, they call it home. They might not have a memory of the colonial
days like us because we benefited from the economic uprising
from 30 years ago. They don’t see that same type of a scenario, but that they could only see like Hong Kong
as a more polarization. So that’s why they came out. And even the older generation, they come out and support. Now, definitely it’s extremes. You could see the big real estate developers
who are, some of them are members of the National People
Congress or Political Consultative Conference. Which is a mainland Chinese organization? Yeah. Right. So they have to kowtow, the big developers have to kowtow and say
condemn everyone. They would say put up newspaper ads and condemn the demonstrators from causing
so called trouble. And part of the reason housing prices are
so high is because of an influx of rich mainland Chinese
people, correct? Yeah. The housing prices have been up a lot in over the last few decades. But even with the protests going on in the
last 100 days or so, people are concerned. But it’s not dropping like a rock. There are still a lot of China money supporting
the real estate, but then the Hong Kong tycoons, they are also afraid that they will be replaced by the mainland princelings. So, they’re extracting even the last penny from the normal Hong Kong people. That’s something we wouldn’t want to see. So in unity for the first time, the young professionals, those people who are retiring, the so called upper middle class too are joining this so called movement. It’s beyond the extradition deal now, it’s like the last fight for Hong Kong. Hong Kong people most of them, I would say 99.999% are not asking for Hong
Kong’s independence. They’re fighting for at least the Deng Xiaoping
motto, which is that two systems has to remain intact. We don’t have that now. The Hong Kong government has said the protests are about economic inequality or livelihood
issues. Do you think that’s true? I think that’s part of the problem definitely. Because 20 years ago, you could see like a young accountant who
is making 10,000 Hong Kong per month, 20 years later, he’s still making 10,000 per
month. I would think if we want some more radical
changes like the Hong Kong government should like
the Singapore model build something like for young family at least
have four to 500 square feet of living space. I mean you cannot have like 150 square feet
net having like a four person household living
in that so called like chunckated home. It’s not as inhumane honestly, you are talking about Hong Kong is so rich. It’s also so polarized. And also for instance, the minimum monthly salary for university
graduates, it cannot be like 10,000 forever over the
last 25 years. It has to be some minimum standard just like
a minimum wage, let’s say 20,000, 21, 22,000 honky make the
society more fair. So far, a lot of people when they come out, it’s also they don’t see a future. The civil human rights front, one of the major organizers of the protest has accused Beijing of economic imperialism. Has becoming a part of China helped the Hong
Kong economy? Now, last time, Chris, when you were in Hong
Kong, we already talk about liquid assets moving
overseas to Singapore, Jersey Channel Island. I have not seen this trend from stopping. To be honest a lot of- So money is still going out of Hong Kong. Of course. People won’t think twice about the so-called, right now is jurisdiction risks, people have to think about it. Now with the human rights and democracy act, that could be a reality in the US. They could penalize Hong Kong or Beijing government
people from entering the US or freezing their assets. Would they have some retaliation to the pro-democracy
people too? And also those 2 million people who come out
to the streets who are fighting for their own freedoms. I don’t know. That’s something called a backup plan or people have to think about logically if
Hong Kong is under duress. First of all, Beijing could retaliate by freezing some of the activism assets too. Liquid assets is very important. I think anyone with one million Hong Kong, which is 150,000 US, they could think, “Hey, if I opened a premier account in one
of the global banks,” they want to offshore maybe 60% of the assets
overseas, like a six four allocation. Not in remembrance of the Tiananmen 64, but the 64 allocation could be wise. Because money movement, you can do it quite easily. Now I know a lot of Hong Kong companies like
Cathay Pacific have come under pressure from the Chinese
Communist Party to come out against the protesters. Do you think more Hong Kong companies will face that kind of pressure? Even like BNP Paribas, which is a fringe bank, which is quite controversial. I think one of the activists lawyer, Jason
Eng, resigned abruptly, just I think two weeks ago because of his
comments on his Facebook. Now a lot of Hong Kong people are singing
a song called May Glory be to Hong Kong. I don’t know whether you listened to it on
YouTube. We’ve heard it there. Yeah. And then there were some mainland tourists lash protesters were raiding IFC, which is a high end shopping mall at the financial
center. Like your Twin Towers, the equivalent. And then Jason was commenting something about the mainland protesters, and then someone saw that and then has it
circulated in Waco, and then he went into some trouble and then
he resigned. Or he is no longer with the BMP. Is unprecedented. This is what I call white terror. Not the word Caucasian white, but terror in
general. We like to use that term white terror, has nothing to do with that race. Okay, well how would you define white terror? It’s horror show. I mean it’s like intimidation. It’s like what happened to me 10 months ago. January 1st when I write a protest saying
President Xi Jingping, please release the two Canadians, the whole world was watching. So even before I come out, they visited my
office and say I detained an interviewee in my office. And no one comes in for an interview on January
1st. So, a lot of these weird things do happen
because the phones, I think a lot of us, our phones are tapped. So Hong Kong is becoming more and more like
as Jin Jen situation with a lot of AI lamps, monitoring facial
recognition, credit rating system in 2020. So, a lot of things are slowly integrated
into the Chinese way. That makes me worry because I don’t see the
two systems as too valid now. That’s why people still have to come out and
fight and to speak up. Well are white collar professionals or any
companies doing anything to support the protesters? As individuals. A lot of them, a lot of them they do come
out, but not at a corporate level. You will be penalized. Le Cafe was penalized, I think HSBC, they replaced some of the senior executives. And then I mentioned the BMP case, and then preferably they will come out as
individuals and support. Sometimes anonymous. Sometimes if they go out, they have to put on a mask. Unfortunately, this is Hong Kong now. Yeah. So two credit rating agencies, Moody’s and
Fitch, have changed the outlook of Hong Kong to negative
recently. Why is that? Because they think the protests could be prolonged and also the retail definitely has suffered. Now I have a friend who is at first more like
Blue Ribbon, which is more like pro-Beijing, but now is more sympathetic towards the protesters because his son is around that age too. So he has a retail chain with 15 stores. I won’t mention what type of clothing because otherwise you would know who he is. So of course the sales got affected. The sales drop 30, 40%, but at first five
years ago, he blamed the Umbrella Movement that Professor
Benny Tai initiated and to finance a banking group that support
Occupy Central, also support Benny Tai’s movement. He was fiercely against it. But now he becomes more sympathetic because he knows that his son is around that
age too. He doesn’t see his son’s upward mobility as
a Hong Kong-er. So even his SEO suffer. He negotiated with the landlord, which is really in control of Hong Kong’s
economy. So do you think if one country, two systems begins to become eroded or disappears, that will be good or bad for the economy of
Hong Kong? Honestly, the two systems doesn’t exist anymore. Now take a look at Macau right now, you have
Article 23, you cannot have a protest. People are very calm and so called orderly. You only got one voice. But Hong Kong, it’s a quite multicultural
before and Hong Kong has been an international city. But this will become an international city
with a lot of constraints. Now we don’t have a curfew yet. The government hinted that if things so got
out of control, we could have curfews. They would put up like … but we have a mini curfew going on right now. And then the police can do searches on people
anytime, and then they talk about this a retractable
baton could be carried around. There’s a lot of debate on this so called
policeman making excessive money I alluded to earlier, they could immigrate to Taiwan because the time of immigration investment
scheme is only million NT dollars. And so with one and a half years of work with a lot of overtime pay, they could immigrate to another country by bashing of people, which is sad. I mean of course I say it half-jokingly now, but actually is a very bad thing for Hong
Kong people fighting Hong Kong people. But this is how the CCP wants to play it. So the US has the Hong Kong policy act of
1992 which basically as far as trade relations go treats Hong Kong as something different and separate from mainland China. Now Congress is talking about passing the Hong Kong Human Rights and Democracy Act, which would have the US government review whether or not there’s reason to maintain
that difference. What would happen to the Hong Kong economy if the US treats Hong Kong the same as mainland
China? That in fact remains to be seen, but talk about the human rights and democracy
at first. I think it’s a good deterrent to be honest because people like Carrie Lam, her husband
got a UK passport, same as her son. But some of the tycoons who are so pro-Beijing, the wife is still like an American and then the kids all have US bank accounts or companies in the US. They have to think twice when you try to so
called stabilize things in Hong Kong, they have to think about the consequences when you try to like create so much social
unrest. I don’t see if honestly when you have a rally, when you don’t have police, everything is
so orderly. Sudden, when you have like 5,000 policemen came out like a riot police and then these speedy dragons and then fiercely firing the tear gas and
then rubber bullets. Suddenly you know the Hong Kong society goes
crazy. Now go back to the human rights and democracy
act. I think if the Congress pauses it, I think it would be a good deterrent for the
Hong Kong government to think twice about the evil deeds they try
to implement. They have to think very carefully. So I mean I don’t know too well about the
politicians in the US, but I think Marco Rubio and Nancy Pelosi, they are doing a great job by helping Hong
Kong. I don’t want to talk about Trump, it’s a different story. People have a love and hate on President Trump, but definitely your Congressman has been helping
Hong Kong I think. Thank you for that. Yeah. It’s become a bipartisan issue, which is a
miracle in this day and age in the US. Yeah. It is a miracle to see the US gets so united
on Hong Kong’s issues. All right. Thank you very much for joining me today,
Ed. I hope I don’t see you in not too distant
future. Yeah. Under better circumstances. Yes, of course. Yeah. Thank you so much.

100 thoughts on “Is China Bad for Hong Kong’s Economy?

  1. Singapore model is very strict…no violent protest, no demonstration….That's the basis on which Singapore can grow. If you want to have freedom like U.S, dont ever dream to achieve what Singapore has achieved…NAIVE source and interviewer

  2. We need to do more to save them, we must grant immigration visas to Hong Kong people, there are so much land here, we can take them in our country.

  3. A wrong misleading title. China economy is extremely gigantic compared to miniature economy of HongKong. China still pumps more cash to HongKong economy to keep it running. Hongkong contributes nothing to China's economy or GDP.

  4. I am an American, & I find the China, H.K. Taiwan thing so odd… You are all Chinese. Why can you all not get along? ! ? ! ? I can't believe it is the language – though, maybe it is… regional Government, or maybe Government in the way. Sorry, I just viewed Yesterday, & it was so refreshing, like an Italian turnup 🙂

  5. The CPC was already a joke since they first took over China. It was clear that the Kuomintang actually fought against the Japanese in the Sino-Japanese war. CCP lied to the Chinese and said that they fought off the Japanese, and shooed off the Kuomintang to Taiwan. Everybody knows that CCP is made of fakes. Hong Kong stay safe

  6. Hey Chris.. do u know China's debt to GDP ratio (both official and unofficial ) is 350 % i.e., 43 trillion dollars constitutes 16 to 17 % of world debt… ( As per IIF Report )😨😨 Please make video in that…

  7. Calling all people who support democratic system to stand up against CCP China's invisible influence the media, politicians , education, and you government. Support Hong Kong's freedom democratic system

  8. Let's say you have a doll, someone took it by force, then gave it back to you after a few years under 1 condition, you can't touch it for 50 more years. Would u touch it? Or be a good dog and not touch it?

  9. Xi Jinping spoke, amongst many things, of “peaceful reunification”, referenced the year 1841 and the beginning of China’s “Century of humiliation” by Western powers in a massive military parade for China's CCPs 70th anniversary.

    Just like Xi Jinping, Adolf Hitler also talked about "reunification". He talked about "pure Germanic blood racial supremacy" to motivate the masses and "Historical territorial claims" too, during massive military parades just like the CCPs military parade.

    Reunification was the reason Nazi Germany annexed Austria and Historical territorial claims why Poland was invaded.

    It has become taboo and redundant to compare any government to Nazi Germany and sacrilege to compare any individual to Adolf Hitler. “One step to far used by radicals and extremists to further their agenda” moderate politicians would argue, receiving immediate condemnation. Just ask Australian Politician Andrew Hastie, who compared the world’s handling of China’s rise to the failure of the world to contain Nazi Germany.

    That’s because such comparisons can be quickly and conveniently made by anyone about any government and/or leader whenever a state’s actions seem threatening to others such as expansionism from historical territorial claims, etc.

    With China’s CCP’s actions, the comparisons are just simple undeniable. It’s the comparison of an increasingly aggressive state whose power just continues to rise with an ideology complete different than then free-world, that regards the Western World as the root cause of all it’s problems and demands to reestablish it’s self in it’s rightful glorious place in the world. At the top. While at the same time executing persecution of ethnic minorities.

    Yep this is a song the world has heard and been through before, it’s not just history repeating itself. It’s just us, new generations making the same mistakes and erroneous assumptions as previous generations did. We just tell ourselves that this time is different, and we will succeed in our modern times where previous generations failed.

    As if previous generations didn’t tell themselves that also. Neville Chamberlain most have certainly told himself he would succeed doing something different from previous generations before him, when as British Prime Minister he declared “Peace in Our lifetime” after signing a peace treaty with Nazi Germany in 1938. Now judged by history for his erroneous policy of Appeasement toward Adolf Hitler.

    "Appeasement" of Nazi Germany after breaking treaty after treaty DID NOT avoid WWII but just encouraged them to act by making the allies look weak“.

    Now those historical territorial claims are in the South China Sea, Taiwan, Tibet, parts of India, etc. and it's the Chinese Communist party that we are trying to appease when the world fails to act when the CCP illegally builds and militarizes artificial islands, launches multiple cyber attacks in the US to proliferate Western technology, launches cyber attacks against Australia's parliament to politically interfere in it's affairs, launches even more cyber attacks on Airbus to steal Trade secrets as recently as this year.

    It was appeasement from the west and historical territorial claims that allowed mainland China to take over Hong Kong in 1997 despite the vast majority of it’s citizens not wishing to a part of it, as the recent pro-democracy protests, called riots by CCP propaganda news, should make it clear to anyone.

    Just as it was appeasement and historical territorial claims the reason why we allowed Nazi Germany to annex Austria and Czechoslovakia in 1938 and 1939. Along with the failure to act to prevent a much larger conflict.

    It's now "Han-supremacy" masked as Confucianism causing ethnic cleansing of Muslim Uyghurs in concentration camps renamed "re-education camps" when the world fails to act.

    Has apparently humanity not learned its lesson that appeasement never works, it just makes us look weak, emboldens the other side lusting for power and recognition, hungry for Revenge?

    This time however, it's not the reestablishment of Imperial Germany and Revenge on the allies from the humiliation of the treaty of Versailles that is the threat.

    It's the re-establishment of the glorious Han-Chinese-Empire and revenge on the entire Western Civilization from the century of humiliation as Xi Jinping pointed out".

    Apparently we (the world) are blind by failing to act. And failure to act has proven time and time again that always results in a heavy price to pay. Ask the Uyghurs minority in China’s Xinjiang region, they’re already paying a heavy price from our failure to act.

  10. The only way for China to control Hong Kong without attracting international attention now is to keep buying the 'big companies', then whenever there is an Anti-China protest the companies fire the employees

  11. Warning! I am not a protester but I am simply sharing my observational opinions.

    I think the violent protests / riots are caused by a number of factors.

    1. Financial inequality ( more than half of the population are poor)
    2. Expansive properties ( filthy rich Chinese immigrants who cause the rise of house prices and this happens globally )
    3. Stressful environment ( overcrowded )
    4. Government’s bad decisions ( not withdrawing the extraction bill in the first place)
    5. Police having a bad history ( being corrupted mobsters)

  12. You folks need to stop fighting for a two party system and start fighting for independence. I know that means blood, but future generations will benefit. You have to decide to be the greatest generation it does not get handed to you.

  13. If you guys had any sense you would go blow up that bridge mainland is building to connect you guys up. That thing is wide enough for two tanks to come down it side by side.

  14. Something I've been wondering about. If only 17 countries recognize Taiwan, who do they trade with? Just those 17?

  15. 😷 Evil😷and😷stupid😷laws😷are😷made😷to😷be😷protested😷and😷removed😷from😷the😷 books😷.Curry Lamb😷 sux the big one.😷Vote the stupid😷inept😷and😷corrupt😷 bitch😷out.😷And next time you get a vote,think carefully and make it count.Vote all ccp stooges out.😷send😷them😷packing😷.

  16. This China unsensored youtuber channel is funded by National Endowment for Democracy, controlled by CIA and U.S military imdustrial complex including weapon manufactures, defense/offense contractors and the corrupted politicians turned lobbyist, or disguised as consultants, straregists for the giant U.S. war machine. They destrablize the world, justify the loss of human life of both our service members and innocent people from other countries in the name of war on terror. Why preaching and promoting and funding so called DEMOCRACY all over the world while democracy is not guaranteed in our own constitution? There is no mention of democracy in the constitution, united states is a constitutional republic, never been a democracy. So, wouldn't it make sense for NATIONAL ENDOWMENT FOR DEMOCRACY puts the resources here at home, make UNITED STATES a true democracy first rather than busy promoting fake democracy all over the world? By doing so would truly help them live upto the name.

  17. I fear that in day they will have phantom credit system (like FB phantom profile) where everyone with an IP connection will be monitored and credited globally… And God know what they can do with it…

  18. Never give up Hong Kong people Ccp might be planning tough on your back . Tibet is with you always and tibet is never a part of China

  19. Triad thug enforcers are to the CCP as MS13 murdering thugs are to the US DS democrats. Chinese stay in China n change it … stay out of a country that won't change. If it came down to a US invasion tge chicom would have to mask up, get taller, and fatten up … easily ID that body type n eyes for a target.

  20. Its amazing this channel never tells you the violence and destruction by rioters towards innocent people and chinese companies and banks. It paints a beautiful picture of how rioters are peaceful and the police are evil. It obviously biased. Need to show both side of the story rather than showing one side. So many subway station were vandalized but u are too scared to show it to the world. Why the biased reporting? Show both the ugly side the the rioters as well as the beautiful side please or u will be shown as biased anti-china propaganda not showing the other side of the story. We need to see the violence and destruction of the city by rioters!!!

  21. What I don't understand about protesting to keep the two government system, is that the original contract had an expiration date. Even IF you protest to keep the two government system in place, and IF you won your protest, it still has an expiration date and will still meet the same end. Why not go for independence?

  22. Unfortunately, there are many alt-right inbreds and pro-russian scum supporting Chinese imperialism. Be very careful of these morons pushing their cringe 8chan meme politics online.

  23. Would the proposed Hong Kong human rights act backfire if the Hong Kong police's inhumane actions were as bad as the CCP's actions? Then there might not be any reason to have different treatment for Hong Kong if they were going to "behave" as badly as the CCP.

  24. As a journalist, the most vital thing is to be objective, independent and fair. Obviously you are not qualified to do it.

  25. CCP hasn't even move its finger yet and Hong Kong has been in chaos. Imagine if CCP actually take action lol. I support 1 country 1 system for Hong Kong. SMH

  26. the protest in Hong Kong will last for 10 years. Its 7.5 million people versus 1.350 billion people. Of course its a diplomatic strategy for Mainland China to say that there is 2 system 1 country. So as the United States when it forcefully acquire Hawaii an independent island that the United States occupied.

  27. Youtube Logo
    US Military News yêu thích nhận xét
    🇺🇸🏴󠁧󠁢󠁥󠁮󠁧󠁿🇫🇷🇯🇵🇩🇪🇦🇺🇮🇹🇮🇳🇷🇺World Economic Cooperation for China to make money but China uses that money to buy dangerous weapons against the World. We can believe the World except China. United Nations, America, Allies and The world needs to vigorously expose the opposite and non-meaning, disregarding China's international law. The world always wants peace and development but China thoroughly takes advantage of this to rob, expand and expand. Economic and Military. The World let's eliminate this huge threat … China's threat of colonial and economic expansion in the Region and in the World is too great. is invading the territory of Vietnam, India and the Philippines. The territory of Japan, South Korea, Taiwan Nation and even the Far East of Russia g is seriously threatened. China is a permanent member of the United Nations but has no responsibility for a member that brings a great threat to the World, immediately expelling it from the United Nations and the WTO. That threat is even bigger when China has nuclear weapons and always despises International law. China is a 10 times bigger threat than Korea and Iran. Trump is the future of America. and of the World. America, Allied and International seek to effectively ban Embargo, destroy China both in Economy and Military to avoid major risks for the World. China symbolizes robbery of the World: robbing copyright, robbing product models, robbing technology, … robbing the Economic and Military security, protecting the fishermen to rob other nations, invading and staggeringly invading the territory of another country …. The United Nations must vigorously unmask, speak out for immediate deterrence.🚨


    [On the topic of calls to President Zeldensky, and to Presitator Xi]
    “While the record of that call was stored in the same highly secure electronic system that houses the full record of Trump’s call with Zelensky, Trump is also reported to have told Xi that he would remain silent on protests in Hong Kong while trade negotiations continued with the U.S.” (Yahoo News)

  29. Such BS if HK freedom suppress? please explain how the rioters mobs out there every night burning down HK & still continuing, Human right & Freedom?
    Like US will do anything for HK LMAO "some"will give HK vocal support this is as far as you get, US will only do things to benefits US look at the history

  30. The day HK dies is the day US collapses.

    Sounds crazy right?
    Let me explain.

    If HK goes down, money will flow out of HK. People will want US dollar to keep their money safe.
    This will lead to an even stronger US dollar.
    And we all know that a strong dollar is detrimental to exports, beneficial to imports.
    A 1% change in the dollar might not affect import so much, as you can only buy 1% more products, but it is enough to kill many manufacturing jobs. Those manufacturing companies usually make 5-7% profit a year. If the dollar increase in value by 1%, you are basically cutting American company profit by 15-20% a year.

    You could argue that you can buy 101% products with a stronger dollar. However, demand has not gone up by 1%, so companies will still buy 100% products and that extra 1% is given to other countries, whether as extra salary or investment returns.

    Given that US markets are at historical heights, a strong dollar is going to kill liquidity. We all know that a market without liquidity is going to crash.
    The yield curves have already been inverted.

    That’s why you see Trump very anxious about FED’s moves, because Trump knows that liquidity is drying up fast, and he wants the FED to print out money for his election.

    The poor in America will be jobless, and the crash is wiping out most American’s retirement plans, especially the middle class.

    Then, we will witness the collapse.

    If Trump fails now, it’s game over, no president after him has the opportunity to make American great again. Or if there’s going to have any president at all.

  31. Hong Kong was only good when China close their door. Once China opens it door to the whole world, Hong Kong lost it importance. In order to bring back Hong Kong. We need to shut China's door to connect the world. Disarm China's nuclear weapons. Free Xinjiang, Tibet, Taiwan from the evil axis of China. Send China back to 1978.

  32. when the Mainlanders let their young kids urinate or defecate in the aisle of huge shopping centers and in the aisle of an International flight or on the MTR …you gotta ask yourself …

  33. TLDR; Yeah. Fucking obviously. The CCP ruined HK, they ruined Tibet, and they took power away from Taiwan, who is supposed to be in primary control of the national govt.

  34. What pisses me of us treasonous American companies that kowtow to n China. Im boycotting all of them, apple, nba, etc

  35. President Trump needs to block Hong Kong from getting US investments. If China keeps getting US dollars through Hong Kong, China will stay strong and continue to oppress Hong Kong people.

    I have heard this argument from two different analysts. I support Hong Kong people to have freedom but I don’t want to see China to remain strong financially.

  36. Blaming China mainland for ur high real estate price is totally wrong. Asking ur legal system why allowing real estate Tycoons hold the land but not build, and who are setting up and controlling ur REAL ESTATE developing legal system?

    If HK blaming housing issue, what about Beijing, Shanghai?

  37. Rioters in Hong Kong don’t fight for Hong Kong but fight for themselves. If they love Hong Kong they will never do that

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