Peacedog wrote:Yeah, it sucks, but HK is done.
Conventional wisdom was that the PRC didn't want to kill the golden goose of the HK economy, so they would be fairly hands off.
meh. HK ain't no golden goose. It WAS a golden goose, but, you know, Shanghai.
Deng Xiaoping leads...Chengdu becomes a big deal.
Jiang Zimin takes over, Shanghai is all that and a bag of chips.
You know where Xi is from? Weinan, a little suburb of Xi'an. No wonder Xi'an is doing so well these days.
Anyways, the southern tour with Deng Xiaoping set the state for HK's demise. It basically laid the groundwork for Shenzhen to take over. Then Jiang Zemin (previously mayor of Shanghai) made Shanghai a bigger economic power than HK, while also establishing Shenzhen as a sort of mirror of HK.
Now the focus is on the northwest, where I live. Also, no coincidence I'm sure, Xi Jingping's home town.
It's been a 40 year process, but HK has been steadily de-emphasized for a long time now.
But as Xi is displaying, socialists gonna socialize.
nah. he's a technocrat. The US is talking soybeans. China is talking microships.
The US is on a fast downward trajectory. It sucks, but it's true. These are dark days for liberal democracy folks.