Hong Kong is the goose that lays the golden eggs for China.
Very stupid move.
And why not? We are busy with a not so civil ear.
I’m surprised it took the ChiComs this long to break their contract. The best and brightest need to get out while they still can.
Translation: the earlier de facto takeover of Hong Kong police and establishment of Chinese public security intelligence gathering on Hong Kong citizens is now de jure.
What does lebron James think?
Have the commie reds asked BLM for assistance in crushing dissent in HK yet.
The money already is and will continue to move to Singapore. But I think they will resist any influx of refugees. They’re very different from the Cantonese in Hong Kong and it would feel like an invasion. Besides the economic and housing considerations (it’s a small ultra-efficient island with an uncrowded garden like city center), the balance among the ethnicities in Singapore, Chinese, Indian, and Malay is delicate.
BOYCOTT CHINA!!!
They have broken the agreement signed w Britain that governs the future of Hong Kong.
Britain should have held onto Hong Kong.
I am guessing that sanctions are coming soon, to hit China’s financing from the USA.
From PresentDangerChina.org, June 28, 2020:
Dear Mr. President:
To your credit, you have made clear that the United States stands with the people of Hong Kong. That has never been more important than today when the Chinese Communist Party (CCP) is in the final stages of what you described as its “smothering of freedom” there. Fortunately, there is something you can do to demonstrate tangibly our
solidarity with Hong Kongers – and freedom-loving people everywhere – and our determination to oppose the CCP that threatens them all.
We learned this week from the Department of Defense that among the foreign companies doing business in this country are over twenty tied to the institution the CCP uses to ensure its totalitarian control of the Chinese population and to advance its efforts to dominate the rest of the world: the People’s Liberation Army (PLA). Under Beijing’s
intelligence statutes, all PRC companies and nationals are required to conduct espionage, steal intellectual property and technology and otherwise engage in subversion of the
motherland’s enemies, including especially the United States, if ordered to do so by their government. Of course, since such activities are part of the mission of the PLA, it must be assumed they are a routine feature of companies it operates here.
In recognition of this reality, a federal statute (P.L. 105-261, Sec. 1237), was enacted in 1999 with the intention of preventing “Communist Chinese military companies” from doing business in this country. But it was not until your Pentagon provided the first-ever (albeit partial) accounting required by that law – thereby documenting the presence in the United States of mainstays of a hostile power’s military-industrial complex – that the compelling case for ending that presence has become public.
Consequently, we call on you to act immediately – i.e., before July 1st when the CCP is expected formally to enact the national security law that will be used to finish off the last of Hong Kong’s liberties – to fulfill the other part of P.L. 105-261. It explicitly authorizes you to use the International Emergency Economic Powers Act to penalize such PLA-tied corporations and do so without having to declare a national emergency. They should be barred from doing business directly or indirectly in the United States and from raising funds or trading in U.S. capital markets.
The people of Hong Kong would regard the real and punitive impact of such a step on their Chinese Communist Party oppressors as tangible proof of America’s commitment to their freedom. And by taking that step, you would make a significant contribution towards safeguarding our own people and their nation from the damage done by PLA companies inside this country.