Posted on 05/25/2020 7:55:41 AM PDT by Kaslin
Chinese companies can open Hong Kong bank accounts and easily accept larger payments from foreign buyers. The limit for wire transfers into China itself is $3,000 USD - which won't buy much. The CCP drastically lowered the limit a couple of years back, apparently fearing that the West was using this method to fund internal Chinese dissidents.
Now, major companies like Apple no doubt have other ways of paying their suppliers, but contrary to popular belief a lot of the commerce between the USA and China consists of our small and medium-sized businesses dealing directly with small and medium-sized businesses in China. Hong Kong banking is the key to those relationships - if a change in status affects the ability to move money through Hong Kong into and out of China, a lot of business relationships will quickly unravel. And a lot of American jobs will go away.
And it won't be the American globalists nor the PLA National Aluminum Parts Factory #37 that suffer from the CCP's rash acts - it will be the small entrepreneurs on both sides of the Pacific.
You and WuLi should go on over to the Democrat Underground. You’re both probably Marxocrat trolls paid to fog up the works at conservative blogs like FR. There’s no way any conservative worth a damn would advocate for this country to let in any more foreigners regardless of their sob stories, whether H1B visa holders, migrant farm workers, political refugees, or just plain old immigrants, illegal aliens or otherwise. People don’t shout at Trump to “Build The Wall” because they want to see the alien invasion continue. It makes no difference what the stupes and dupes blather on about how we need to take more aliens in and that they “make us better.” Your insistent nonsense about the oh-so-onderfulness of these people is just bald evidence that you’re either completely clueless or have malicious intent.
Nope. But it seems you are better suited being over at Stormfront or KKK or some other extreme Nationalist website.
Advocating against Communist China and being pro-Taiwanese and pro-Hong Kongese and pro-freedom/ pro-Democracy is being conservative. Something of which you are neither.
The Brits were honoring their 99 year treaty.
Bump
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