“But like most everyone analyzing this, it’s probably too little, too late.”
I’m no friend of China, but I do think this move now gives them the pretext to move in, should the protests continue. The people of Hong Kong need to be careful now...
Wouldn’t you think she got permission to do withdraw the bill?
I wouldn’t have thought she initiated the bill without urging from Beijing, and now the withdrawal would seem to be something they allowed for now.
Hong Kong’s leadership isn’t that autonomous is it?
“But like most everyone analyzing this, it’s probably too little, too late.”
I’m no friend of China, but I do think this move now gives them the pretext to move in, should the protests continue. The people of Hong Kong need to be careful now..\......
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If the chinese army intervenes then the concept of one nation two systems dies. As a result the US will cut the hong kong dollar from its US dollar peg.
That will result in a collapse in the hong kong dollar. The chinese can prop it up —but it will cost them.
“I do think this move now gives them the pretext to move in, should the protests continue.”
Agreed.
China would have it so much easier if they just accepted HK as a federated but self governed state — then China could milk the golden cow for years to come.