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It's not exactly what you see it as. Communism is failing in China: https://en.wikipedia.org/wiki/Deng_Xiaoping https://en.wikipedia.org/wiki/Deng_Xiaoping When
by sleepysysadmin 7y ago
It's not exactly what you see it as. Communism is failing in China: https://en.wikipedia.org/wiki/Deng_Xiaoping https://en.wikipedia.org/wiki/Deng_Xiaoping When Mao died the inland folks went to capitalism. Hong Kong because of proper capitalism and small government became a gigantic hub of success. Which made Shenzhen and guangdong blow up in size.
GDP of Guangdong in the year 2000 was around 130 million USD. Which is pathetic, there are buildings in hong Kong worth more than that. Today Guangdong is worth over a billion in gdp; because they made it a free trade zone.
https://en.wikipedia.org/wiki/Shenzhen#/media/File:Shenzhen,_China,_city_population_dynamics.png https://en.wikipedia.org/wiki/Shenzhen#/media/File:Shenzhen,...
All because of capitalism and free trade.
Then this guy took power: https://en.wikipedia.org/wiki/Xi_Jinping https://en.wikipedia.org/wiki/Xi_Jinping
He supports communism but communism is dying.
The problem is that Trump's trade war is also not what you think it is; and the death blow just happened. https://www.theatlantic.com/technology/archive/2018/10/trump-changes-terminal-dues-and-epacket-rates/573337/ https://www.theatlantic.com/technology/archive/2018/10/trump...
This has actually been conceded. https://sellercentral.amazon.com/forums/t/its-official-no-more-cheap-shipping-for-chinese-sellers/493043 https://sellercentral.amazon.com/forums/t/its-official-no-mo...
It's official. So chinese exports just got tremendously more expensive. People will buy less from China.
https://outline.com/j2K7ax https://outline.com/j2K7ax
Greece's public debt for their crash was about 300%. Which resulted in 30% unemployment and 50% poverty. Greece's communist policies did this to them; it's about to do it to China.
Hong Kong doesn't want to be apart of that crash. Hong Kong will be used to liquidate and prolong the Chinese crash.