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> Didn't hear them complaining back then in the asian banking crisis when China bailed them out with the money from exploited chinese workers China “bailing ou
by hkmaxpro 6y ago
> Didn't hear them complaining back then in the asian banking crisis when China bailed them out with the money from exploited chinese workers
China “bailing out” Hong Kong is a common myth popularized by the CCP [0].
China refused to interfere with Hong Kong during the 1998 financial crisis, according to former Chief Executive Tung Chee-hwa [1].
The Monetary Authority head did not acknowledge any help from China back then [2].
[0] https://medium.com/@lineposthk/%E5%AF%92%E6%9F%8F-%E4%B8%AD%E5%9C%8B%E6%9B%BE%E5%8B%95%E7%94%A8%E5%A4%96%E5%8C%AF%E5%84%B2%E5%82%99%E6%95%91%E9%A6%99%E6%B8%AF-4fb1723292cd https://medium.com/@lineposthk/%E5%AF%92%E6%9F%8F-%E4%B8%AD%... (in Chinese)
[1] https://www.scmp.com/news/hong-kong/politics/article/2101761/beijing-refused-step-during-1998-hong-kong-financial-crisis https://www.scmp.com/news/hong-kong/politics/article/2101761...
[2] https://hk.finance.yahoo.com/news/%E4%BB%BB%E5%BF%97%E5%89%9B-98-%E5%B9%B4%E6%BC%94%E8%AA%AA-%E6%B2%92%E8%AA%AA%E4%B8%AD%E5%9C%8B%E6%95%91%E9%A6%99%E6%B8%AF-081319406.html https://hk.finance.yahoo.com/news/%E4%BB%BB%E5%BF%97%E5%89%9... (in Chinese)
- croes 6y agoThanks for the sources.