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How is it they are not fucked? No country that wants to continue to do business with China is going to back this uprising. Is there an imaginible sequence of ev
by geophile 7y ago
How is it they are not fucked? No country that wants to continue to do business with China is going to back this uprising. Is there an imaginible sequence of events that doesn't result in either capitulation or a violent crushing of dissent?
- devoply 7y agoUS killed Huawei overnight, a world-class competitor which was basically beating US companies, using pretty shoddy justification. So I would not rule out no one can challenge China, China is not the US. And even if it were Vietnam still beat their ass.
- not_a_moth 7y agoWell, HK is the most powerful financial center in Asia, not to mention a recent UK colony. It has far more Western leverage against China than say Taiwan.
- dharmab 7y agoThey're actually succeeding- the government has backed down and apologized. The protests are pushing on for the resignation of the Chief Executive. Keep in mind this new extradition law also applied to foreign, non-HK/CN citizens visiting Hong Kong legally. Companies operating in HK _really_ did not want this bill, either,
- JMTQp8lwXL 7y agoI don't think we can conclude the long-term intent from backing down now. It could be simply kicking the can down the road. Beijing might just be waiting to try this later. The longer they wait, though, the riskier it gets to push the Socialist system onto Hong Kong. It seems more and more citizens are willing to defend Democracy than has been the case in Hong Kong's past. If the numbers are correct, this is more protestors than the Umbrella movement.
- sexy_seedbox 7y agoHong Kong is still a finance heavyweight and still a gateway to China for many. Many Chinese companies in the past few years have and prefer to list their IPOs in HK rather than elsewhere because of HK's stable economy and I'm sure they would like to keep it that way (for now).