Hong Kong is seriously considering shutting itself down. Many may argue that Hong Kong is certainly shutting down, but a basic understanding of humanity says that people are resilient. China claims that doing whatever China wants inside Hong Kong is good, right, and fair, regardless of the promise not to do so until 2047. Democracies and countries with free speech have always risen up with with unstoppable strength to resist powers claiming their right to control them from outside, as China is doing.
France insulted King Henry V of England, according to legend with three tennis balls instead of promised tribute. Henry invaded and conquered. At that time, the French were spoiled and foolish; their military was no match for England because it was not disciplined.
Scotland revolted against King Edward I and won independence. At that time, the Scottish were selfless and willing to burn their own corn fields and even die; Scotland fought from desperation to not be oppressed while England’s disposition of entitlement was no match.
China claims that Hong Kongers are spoiled like the French were under Henry V. Hong Kongers claim they are desperate to escape oppression like the Scottish under Robert the Bruce. Who is right? The next few years will answer that question. But, it could go either way. Nothing is decided.
At this time, however, China is doing certain things, then Hong Kong is responding a certain way while other countries in the world respond in their ways. China believes everyone else is wrong.
Trade & Tech
Taiwan digital minister warns of China’s 5G ‘Trojan horse’ // Nikkei Asian Review
Students, migrants heading to US worry about impact of Hong Kong Autonomy Act // SCMP
National security law: Beijing vows to retaliate after Donald Trump ends special treatment for Hong Kong and targets officials with sanctions // SCMP
Bankers Shocked by 45% China Tax Rate Mull Leaving Hong Kong // Bloomberg