China VS Hong Kong....
China VS Hong Kong.
Communism VS Democracy.
The weapon of choice - Capitalism.
In 1997 The British handed over control of Hong Kong to Communist Red China. Hong Kong had been a thriving democracy, built on capitalism, and western style laws.
China agreed to leave Hong Kong as it is for 50 years. It would remain democratic, and left to run its own affairs.
Everyone thought Corporate American (handing over the US economy) would help bring China closer to Democracy. In reality the opposite has happen. China is more communist now than ever before.
China is also changing the rules on Hong Kong. Instead of free and open elections (as promised) Beijing is only allowing Beijing approved candidates. Pro Democracy folks are crying foul. They have staged protests, and plan even more. They are threatening to shut down the lucrative Hong Kong Financial district.
Nothing makes a political point like grinding financial markets to a halt. China is very worried. They have told the outside world to mind their own businesses. They stated that before they go ahead and squash any further unrest. That is what China does.
posted by res17 at
September 02, 2014
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