“‘Lam chow’ holds that you die to be born again … it is only after being cleansed by fire that a phoenix can rise from the ashes,” it said. “It is not revolutionary fervour, romanticism, or nihilism. It is based on a clear-eyed assessment that Communist party’s stranglehold on Hong Kong has grown too tight. Desperate times call for desperate measures.” … [Read more...] about ‘No cards left’: Hong Kong residents sell up and search for way out as China cements grip
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Schemes linking stock exchanges in Hong Kong, Shanghai and Shenzhen provide the main gateway for foreigners to buy mainland stocks. A planned opening up of Chinese capital flows only increases the importance of these channels, and ultimately, Hong Kong, Fidelity said in a post this week. … [Read more...] about Explainer: How important is Hong Kong to China as a free finance hub?
Trump’s top economic adviser, Larry Kudlow, warned that Hong Kong, which has enjoyed special privileges under U.S. law on the basis of its high degree of autonomy from Beijing, may now need to be treated like China on trade and other financial matters. … [Read more...] about Hong Kong warns removing U.S. special status is a ‘double-edged sword’
LONDON (Reuters) - The United Kingdom, the United States, Australia and Canada criticised China on Thursday for imposing a new security law on Hong Kong that they said would breach the 1984 Sino-British agreement on the former colony and threaten its freedoms. … [Read more...] about UK, US, Australia and Canada scold China over Hong Kong law
Police waited in vans parked prominently outside the mall but did not attempt to break up the gathering. Hundreds of people have been arrested during recent demonstrations that seek to revive the momentum of protests that shut down large parts of the city during the second half of last year. … [Read more...] about Protest in Hong Kong over China move to pass security law