China is in a tight spot here, because they need the access Hong Kong gives them. Many wealthy party members have millions and billions invested in Hong Kong as a safe haven.
None of them want the same system in Hong Kong as in the rest of China. It erases the safety of their holdings there.
As for pushing for more...
The Chinese Communist Party can only be pushed so far. Take what you can get, which is restoration of the status quo before the protests.
Well, we still have the matter of JUSTICE.
The murderer who caused this entire brouhaha by killing his girlfriend in Taiwan and fleeing to HK, still can’t be tried in Hong Kong.
Something has got to be done to see that he is tried. I guess it will require a one time deal to extradite him to Taiwan to face justice there.
“China is in a tight spot here, because they need the access Hong Kong gives them.”
Hong Kong is the financial capital of China,and enjoys a special “sovereign” status that gives them access to the hard currency financial system of the world.
The CCP has printed their Yuan/Renminbi in a frenzy, that is by far the biggest monetary bubble in human history.
Their Dollar, Euro and Yen based economy is really a pretty closely run thing, teetering on the edge of default, barely able to pay the interest on their debt.
If they kill the goose that lays the golden eggs (Hong Kong), their financial Ponzi scheme will likely burst so spectacularly, that it will be visible from outer space.
It may be unstoppable already. The political disruption might be an effect of the coming financial implosion, or it could be the spark that ignites it.
Get what you can out of China, while you still can.
The Party is coming to an end, and the hangover will be epic.
“Many wealthy party members have millions and billions invested in Hong Kong as a safe haven.”
Joke’s on them. They should have put their money in Switzerland or the Caymans like other good totalitarians do.