06-12-2019, 08:29 AM
** 12-Jun-2019 World View: Xi Jinping's problems with Hong Kong
According to China analyst Gordon Chang on Fox Business Network this
morning:
Hong Kong's legislature was forced to delay its discussion of the
extradiction law, which was very publicly scheduled for Wednesday at
noon. But the protesters blocked access to the legislature building,
and the delay is being chalked up as a major victory for the
pro-democracy protesters. This will both embolden the protesters and
infuriate the CCP, which means that the next confrontation could be a
lot bloodier.
According to China analyst Gordon Chang on Fox Business Network this
morning:
- Hong Kong is Xi Jinping's portfolio, so hardliners in Beijing are
blaming him for the problems in Hong Kong
- Xi is also being blamed for the failure so far of the US-China
trade negotiations
- So Xi has two crises on his hands, just before the G20 talks.
This weakens Xi at a time when there are hardliners in Beijing just
waiting for Xi to fail so that they can take over.
- Xi has never failed to take the most violent hardline approach.
However, creating a bloodbath in Hong Kong would make Hong Kong
"useless," for the reasons I gave in the previous posting.
- Many businesses have headquarters and regional offices in Hong
Kong. If the CCP becomes violent in Hong Kong, or starts abducting
tourists and executives off the streets and sending them back to
Beijing, then these businesses will move their headquarters back to
New York, and regional offices to Singapore, Tokyo, or Taipei.
- There is a garrison of Chinese army soldiers in Hong Kong.
They've been there since 1997, but they're remained in their barracks.
Xi Jinping could bring them out to violently bring Hong Kong under
Beijing's control.
Hong Kong's legislature was forced to delay its discussion of the
extradiction law, which was very publicly scheduled for Wednesday at
noon. But the protesters blocked access to the legislature building,
and the delay is being chalked up as a major victory for the
pro-democracy protesters. This will both embolden the protesters and
infuriate the CCP, which means that the next confrontation could be a
lot bloodier.