Tuesday, November 5, 2019

Hong Kong's economic woes deepen with plunging business outlook

  • ricky l
    1 second ago
    Beijing appears determined to wait out protests, despite 22 consecutive weeks of rallies, and has signalled it plans to assert more control over the restless city rather than give concessions.
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    Posted on :- November 4, 2019

    ricky l
    (1) China seems to play "long and wide" - adopting "delay strategy" and "attrition strategy" - "pull and push" strategies - to tackle the HK protest.
    (2) These strategies are best used by Countries with :-
    - vast hinterland
    - deep resources
    - abundant human talent
    - where a part (HK) is not able to pull down the rest of the parts in a domino effect.
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    ricky l3 seconds ago
    (1) Look like China and the HK Gov is adopting “拖”字诀。- delaying tactics to wait for the HK protest to die out on its own due to fatigue.

    (2) China and HK Gov can afford to "play long" - even though HK economy is hit badly because - HK has minimal impact to China economy as a whole where HK economy is only US$362.7 billion out of China US$13 trillion which make up of only 3% of China GDP.

    (3) HK protest effort to infuse "democracy" - in part to influence mainland China to turn against the China Government - did not meted out - as the violent protests make the mainlander more patriotic, united and conclude that "western liberal democracy" is toxic and is a ploy to break China apart and cause unrest to China.

    (4) The violent HK protest in fact "backfire" on the democracy movement in HK as well as its "sponsors" - with the sole motive to break China apart - as mainlander Chinese have become more united and view "western liberal democracy" as a ploy to sabotage China.

    (5) China are now playing "wide" - by carving out Greater Bay Area - that include Guandong, Shengzhen, Zuhai and Macau, HK - to entice HK talents, funds, investments to move into the Greater Bay Area.
    This is a strategy of "pull" factor - to entice HK business to move away from HK and move into the Greater Bay area.

    (6) HK violent protestors have been vandalising business (mainly China business and HK business supporting China), disrupting retail, shopping etc - that cause HK business to lose business.
    This is a "push" factor - that induced HK business to move out of HK.

    (7) Both this "pull and push" factors will cause HK to "hollow out" - as business, talents, funds will move out of HK and move to the Greater Bay ---- and what is left behind in HK are those who are hardcore anti-China HK people with litter prospect for jobs, and opportunities.

    (8) HK police and their family have also been offered retirement housing in the Greater Bay.

    (9) Next will be HK top business, talents and funds --- and soon HK will "hollow out" --- leaving HK to become a "tier 2 or 3" China city with lesser significance.

    (10) Thus China need not commit troops into HK and use force to deal with the HK violent protestors --- as China has the time up to 2047 to use "softpower" and strategy of "attrition" to resolve the HK violent protest.
    China can do so without needing to concede to those HK protestors "unreasonable demands".

    (11) In effect, HK protestors cannot slip out of China's 五指山 - "5 fingers palm" - no matter how HK protestors jump up and down, somersault or indulge in all sorts of destructive acts.
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    Posted by Babe at 1:23 AM
  • Forest
    8 hours ago
    Why fret, isn't hk part of China, just ask Xi to inject funds la...they are very good at that, their records showed they had supported China's economy by keep propping up the stocks, easy lending, pump priming, etc., since CCP refused to address hk's people concerns.
  • Jaysan
    7 hours ago
    when the rioters no longer have money to buy food, they will have to go back to work in one of the world's most expensive cities. The government can hasten the process by conducting more stringent checks on food products entering hong kong to ensure only safe for consumption products enter the market and increase prices for the safety of the residents.

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