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Disrupting HK's economy hurts HK, not China. China will gladly let HK devolve back into a fishing village.
by Mikeb85 7y ago
Disrupting HK's economy hurts HK, not China. China will gladly let HK devolve back into a fishing village.
- seanmcdirmid 7y agoA lot of international companies are in China and the rest of Asia via HK. Sure, they can move to Singapore, but China will invariably lose something.
- Mikeb85 7y agoYes, some will move to Singapore, others to Shanghai. They won't stop doing business with China. They'll just move out of HK.
- seanmcdirmid 7y agoThose companies that could tolerate the conditions of operating directly in the mainland already have moved there, and they won’t be eager to move now given all of Xi’s backsliding. China is actually approaching a point in world relations that hasn’t been lower since 1989.
- deehouie 7y agoI don't why this point is not emphasized more often. What this torrent of protests has done is destroying the very home of the protesters. Sure, some chinese interests are hurt. A lot of underground money is parked in HK real estates. But when all is said and done, the citizens of Hong Kong will bear majority of the cost.