Can Hong Kong Survive As Asia’s Financial Hub?

Beijing has rushed to push through a new national security law in Hong Kong. Critics fear the legislation threatens civil liberties promised to the territory through July 1, 2047. The city’s special status with the U.S. also appears to be under threat, as U.S.-China tensions escalate over Beijing’s move to tighten its grip.
The central Chinese government passed a sweeping new security law for Hong Kong that took effect just hours before the 23rd anniversary of the city’s handover from the U.K. to China on Wednesday.
The National Security Law strengthens Beijing’s control on Hong Kong, a semi-autonomous region with greater democratic freedoms and alignment with international business standards than the mainland. That special status has made Hong Kong an attractive hub for many international companies wanting to tap the Greater China market.
“Some of the recent happenings in Hong Kong represent a deviation from ‘one country, two systems,’” Zhang Xiaoming, executive deputy director of Hong Kong and Macao Affairs Office of the State Council, said Wednesday at a press conference.
He was referring to the framework that allows Hong Kong some legal and economic autonomy that other Chinese cities do not have. Hong Kong, a special administrative region of China, was a British colony that returned to Chinese rule in 1997.
“The purpose is not to take the pro-democratic camp in Hong Kong as an imaginary enemy. The purpose is combating a narrow category of crimes against national security,” Zhang said, according to an official English translation of his Mandarin-language remarks. “The ‘one country two systems’ has already spoken volumes of the political tolerance of the central (government).”
“People with different views, they may continue to exist for a long time in Hong Kong ... You should not use this (difference in views) as a pretext to ... turn Hong Kong into a safe haven of anti-China forces,” he said.
Under the new legislation, many of the activities carried out by protesters in Hong Kong over the last year become punishable by law. What began as largely peaceful mass protests against a controversial extradition bill more than 12 months ago turned into violent clashes with police.
An official English translation of the new law stipulates that a person who acts with a view to “undermining national unification” of Hong Kong with the mainland faces punishment of up to lifetime, depending on the severity of the offense. Financial support for such activities is also a crime.
The security law also laid out in broad strokes what could be deemed offenses by “terrorist organizations” and those who collude with foreign entities.
The text also says those who are not permanent Hong Kong residents can be deported if they break the law.
Under Chinese President Xi Jinping, Beijing’s decision to move ahead with the law comes despite strong criticism from Europe and the U.S.
EU Council President Charles Michel said Tuesday that “We deplore the decision,” according to a Reuters report.
U.S. President Donald Trump’s administration has also taken steps toward eliminating Hong Kong’s special trading status with the world’s largest economy, beginning with restrictions on defense exports and access to high technology products.
Other aspects of the law indicated how Beijing would strengthen its hand in Hong Kong’s affairs.
Based on the law, a new office for maintaining national security located in Hong Kong will not be subject to the special administrative region’s authority. Zhang said Wednesday that many cases handled by the national security office may involve state secrets.
A national security advisor designated by the central government will sit in on meetings of a Committee for Safeguarding National Security of the Hong Kong Special Administrative Region, the law said.
Hong Kong will also promote national security education through schools and media, according to the law.
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Can Hong Kong Survive As Asia’s Financial Hub?

Пікірлер: 3 200

  • @ShutThePuck
    @ShutThePuck4 жыл бұрын

    Singapore is rubbing their hands

  • @bhuralal5299

    @bhuralal5299

    4 жыл бұрын

    They are puppet they are in Chinese debt

  • @dom2555

    @dom2555

    4 жыл бұрын

    they're next

  • @blackshadow7192

    @blackshadow7192

    4 жыл бұрын

    @@bhuralal5299 Not exactly, Singapore borrows money to invest not to fund a deficit.

  • @cerisem7727

    @cerisem7727

    4 жыл бұрын

    Is this an evil rubbing hands pose or hand sanitizer rubbing pose?

  • @angelgjr1999

    @angelgjr1999

    4 жыл бұрын

    Singapore will be the next global superpower. The west is falling behind.

  • @extremeguy967
    @extremeguy9674 жыл бұрын

    Can Singapore's rental prices be even higher? We are about to find out folks!

  • @GazzaDazzle

    @GazzaDazzle

    4 жыл бұрын

    the video is not even about singapore high ego aye

  • @derptrolling4740

    @derptrolling4740

    4 жыл бұрын

    Singapore is part of China too since the Ming Era

  • @arialan2866

    @arialan2866

    4 жыл бұрын

    @@derptrolling4740 ???

  • @dimasbaskoro8150

    @dimasbaskoro8150

    4 жыл бұрын

    Capital flight from HK are often landed in SG

  • @yohaneschristianp

    @yohaneschristianp

    4 жыл бұрын

    Derp Trolling no no no, chinatown maybe but not owned by China

  • @abuanwp
    @abuanwp4 жыл бұрын

    Actually I feel sad for the young ones in HK for they have no resources to leave HK unlike those business men and wealthy Hongkongers who can immigrate anytime.

  • @D_2_M

    @D_2_M

    4 жыл бұрын

    Let the rich leave and don't let them come back hopefully govt can take their property so give the poor a chance to own their own home.

  • @whtdafuk1701

    @whtdafuk1701

    4 жыл бұрын

    Thanks to the young ones that riot this has happened

  • @harkseehra5092

    @harkseehra5092

    4 жыл бұрын

    They could leave as refugees. Let's see if police brutality stays same like nowadays in Hong Kong, then Hkers could leave having refugee status and many western countries shall adopt them as they're talented good people.

  • @harkseehra5092

    @harkseehra5092

    4 жыл бұрын

    @@D_2_M yeah the old chinese tactics, state ownership of the land.

  • @harkseehra5092

    @harkseehra5092

    3 жыл бұрын

    @@pinkatyou888 when you say such things, you must give some reliable link to verify the source as one is not going to land for verification. Please give a link, that's not in Chinese.

  • @pau11iska8D
    @pau11iska8D4 жыл бұрын

    "Some experts caution it could also hurt China". Isn't this the main reason countries are retaliating, to hurt China? Seems like a no brainer to me.

  • @RonzigtheWizard

    @RonzigtheWizard

    4 жыл бұрын

    No brais is what I see. You might want to read the act before jumpig on the American band wagon.

  • @Flickifi

    @Flickifi

    4 жыл бұрын

    That's CNBC reports for you!

  • @BryanAZeni
    @BryanAZeni4 жыл бұрын

    There is exactly 27 years till it expires.

  • @bestliutr

    @bestliutr

    4 жыл бұрын

    @@dotmerah6713 A classic case of "He would still be alive if he didn't call me a murderer"

  • @bolesfamily1744

    @bolesfamily1744

    4 жыл бұрын

    @Richard Zheng that's hilarious 😂

  • @kaussstorm

    @kaussstorm

    4 жыл бұрын

    @@dotmerah6713 So tell me why there are protests? Did HK people just wake up one day and said "I'm bored, let's go out there and get gassed, shot with rubber bullets, and arrested." Or did they do it because China was being completely opposite of what you're saying? If China didn't "not allow changes" there would be no protest. It's because China is changing things it has no rights to that there are protest. If you think China made the changes AFTER the protests, then you're smoking, but then again, we all know which side you play for, and who writes those checks. I at least hope you got a good bargain on your soul when you sold it.

  • @mfmahmoo

    @mfmahmoo

    4 жыл бұрын

    @Richard Zheng Lol u wery fanny man

  • @bestliutr

    @bestliutr

    4 жыл бұрын

    @@nicochen2708 Yeah, a classic case of "He would still be alive if he didn't call me a murderer", I said it already. If you don't want to be called a murderer, stop threatening anyone who calls you murderer with your gun. If you don't want to be called an oppressive totalitarian regime, then stop interfering in the internal politics of a semi-independent city-state, stop oppressing your own people and stop lying about it.

  • @deejay9266
    @deejay92664 жыл бұрын

    It will become just another Chinese city. People with the means will probably leave and take their money with them. Singapore and Taiwan will benefit from the exodus.

  • @chenchinakehnny2783

    @chenchinakehnny2783

    4 жыл бұрын

    as long as china economy keeps going up , HK is still finacial hub between east and west

  • @Aditya-cg1nm

    @Aditya-cg1nm

    4 жыл бұрын

    Hk people did not wanted independence they just wanted free democracy which is also taken from them

  • @thykingdomcome7238

    @thykingdomcome7238

    4 жыл бұрын

    Speaking of which, why not move over to place like Australia. About 6 million souls in Hong Kong live like sardines in a can, while Australia, a vast bountiful Colonized Continent in Asia Pacific has merely 25 million people. more at, blog.chinadaily.com.cn/forum.php?mod=viewthread&tid=711807

  • @supremelyeducated3273

    @supremelyeducated3273

    4 жыл бұрын

    ​@@thykingdomcome7238 History repeats itself. Remember, devastating World War II finished up centuries-old Colonialism worldwide. Likewise, would World War III, however devastating it may be, finish up global Colonization which has been lingering on from North America to South America, from Siberia & Far-East Asia to Australia & New Zealand? In my humble opinion, it's about time to decolonize the Colonized lands, and return them to rightful owners. Remember, notorious global cardinal crimes such as Slavery and Colonialism had long been over, why on earth is notorious Colonization still lingering on? By the way, thanks for, blog.chinadaily.com.cn/forum.php?mod=viewthread&tid=711807 which is so very informative.

  • @newyorkerjoe123

    @newyorkerjoe123

    4 жыл бұрын

    @@supremelyeducated3273 I agree, logic says Australia, a vast resourceful Continent in Asia-Pacific, only a few hundred miles away from South-East Asia had no Asian-Pacific Islanders in that vast land originally, historically inhabiting when Anglo pirates, some 10,000 miles away England, sailed half the world away, and looted in late 18th century? This doesn't make sense, since Asian-Pacific Islanders originally and historically inhabiting and residing in Pacific such as Guam, Tonga, New Zealand, Tahiti, Fiji and Hawaii? Speaking of New Zealand, why did these same Anglo pirates, sailed half way around the world and looted in late 18th century? Why didn't they occupy beautiful fertile Iceland, right above them just a short distant away, with hardly any people there, even today, may I ask?

  • @cherryberrystrwberry
    @cherryberrystrwberry4 жыл бұрын

    Coming from an HK born resident...Carrey Lam ruined hk. Her incompetency is why this law was enacted in the first place. Won’t even stand up for her own people. There is going to be a major exodus from Hk to abroad again and it will all be her fault. I’m ashamed she’s my chief executive.

  • @koma7778

    @koma7778

    4 жыл бұрын

    Carrie lam was explained to that if she diesnt do it, someone else will. And she will go to jail.

  • @Chris-rs4so

    @Chris-rs4so

    4 жыл бұрын

    U ruined HK. Shoo shoo go somewhere else. HK is part of China.

  • @1karl249

    @1karl249

    4 жыл бұрын

    @@Chris-rs4so china ruining Hong-Kong they were fine before china started to interfere.

  • @kindacoolanimation
    @kindacoolanimation3 жыл бұрын

    SINGAPORE is now Asia’s new financial hub

  • @davidnhc

    @davidnhc

    3 жыл бұрын

    the1 Faze Singapore is going to be the Global Financial Hub....

  • @adavid7710

    @adavid7710

    3 жыл бұрын

    @@davidnhc Yup

  • @joetrump2983

    @joetrump2983

    3 жыл бұрын

    LMAO tell sinkies to save their own stock market first finance.yahoo.com/news/singapore-overtakes-thailand-become-asia-082006110.html

  • @jkjkjk100
    @jkjkjk1004 жыл бұрын

    Free Edward Snowden!

  • @AB-qo2xq
    @AB-qo2xq4 жыл бұрын

    As a UK citizen I am really passionate about us offering HK residents passports. I can't think of anything worse than living in a democracy only for that to be taken away...

  • @endeliggnist5066

    @endeliggnist5066

    4 жыл бұрын

    Your kind ruled Hong Kong for 156 years, and only gave them democracy towards the very end of the rule. Big talk about democracy you have there.

  • @bolesfamily1744

    @bolesfamily1744

    4 жыл бұрын

    @@user-sl6tv9vc3u enjoy!

  • @cheesamcheah7640

    @cheesamcheah7640

    4 жыл бұрын

    Yeah all thanks to the British gov at that time making *tons* of money by "selling" lands to private property developers. Now most HKers can't afford a house and some have to live in cages.

  • @kratos3574

    @kratos3574

    4 жыл бұрын

    Lol western hypocrisy always make me laugh

  • @ryanwang4683

    @ryanwang4683

    4 жыл бұрын

    Please, Do It! Can't wait longer! hahaha! (comments from mainland China)

  • @whatwhyandwhos68
    @whatwhyandwhos684 жыл бұрын

    National Security Legislation IN ANY COUNTRY is a threat to the people of that Country and their Freedoms. It is this way in US, UK and Australia

  • @mingsun7356

    @mingsun7356

    4 жыл бұрын

    American thinks it is unreasonable when it happened in China... Don't get the logic.

  • @shawnpiggy6367

    @shawnpiggy6367

    3 жыл бұрын

    yes "National Security Law" is a threat to the people when used by Authoritarian Government like Nazi and Communist China. To them, "National Security" means anything that threatens the power of the dictators, nothing else.

  • @omniminokyo2

    @omniminokyo2

    3 жыл бұрын

    shawn piggy True! But we can never be sure who is the real Nazi. Just remember Germany has Democracy during Hitler’s rule.

  • @omniminokyo2

    @omniminokyo2

    3 жыл бұрын

    shawn piggy Just to let you know a country controlled by Democracy was once the world largest slavery system.

  • @UJ-JP
    @UJ-JP4 жыл бұрын

    Western companies must have an exit strategy from China for their employees and facilities/technologies.

  • @huangmingtian1770

    @huangmingtian1770

    4 жыл бұрын

    yes, there are another countries to make business with, vietnam for example, thailand, etc and etc.

  • @mahamedaden7237

    @mahamedaden7237

    4 жыл бұрын

    *WELCOME TO AFRICA 🌍*

  • @garyyoung2320

    @garyyoung2320

    3 жыл бұрын

    must have ?... If. Would, Could, Should ...

  • @ginNjus
    @ginNjus4 жыл бұрын

    Taiwan, Canada, USA, Australia, New Zealand, and the UK will benefit from the workforce too.

  • @timedone8502

    @timedone8502

    4 жыл бұрын

    And the money. Nothing more coward than capital, once it sense danger, it flees to safe havens right away..

  • @amols101

    @amols101

    4 жыл бұрын

    Cao Duc It is a business decision. If you owned that business, you would care less if anyone called you as “coward”.

  • @billyhamlen9610

    @billyhamlen9610

    4 жыл бұрын

    A 500 sq feet apartment worth on average 1M USD these days in HK, they will not live too badly in the west with all that money...

  • @everbeever

    @everbeever

    3 жыл бұрын

    @@billyhamlen9610 when you have 1 M apartments on sale at the same time, you think the price will be as high as that? And Most of them don't own the apartments.

  • @sambowles9746

    @sambowles9746

    3 жыл бұрын

    It would be short sighted to flee to Taiwan...

  • @tvTwo1
    @tvTwo14 жыл бұрын

    Singapore : *rubs in looming further housing prices*

  • @thetrustysidekick3013

    @thetrustysidekick3013

    4 жыл бұрын

    Imagine owning land in Singapore right now. You'd be set for life just leasing it.

  • @Gman979

    @Gman979

    4 жыл бұрын

    Singapore internal security law is worse in my opinion.

  • @nexu6517

    @nexu6517

    4 жыл бұрын

    @Sukan At least you still can protest, can criticize the government and can say "Free Xinjiang". Not in Hong Kong now.

  • @moabu2660

    @moabu2660

    4 жыл бұрын

    @@thetrustysidekick3013 If you own land in Singapore, you would already be set for life to begin with.

  • @leonesperanza3672

    @leonesperanza3672

    4 жыл бұрын

    @@thetrustysidekick3013I've been to Singapore I think I will be broke if I stayed a couple more months. Everything is so expensive.

  • @perfectstudents8361
    @perfectstudents83614 жыл бұрын

    The US exports to Hong Kong 3 times more than it imports. Any of the US actions will only jeopardize its huge surplus and hurt the US companies operating there.

  • @D_2_M

    @D_2_M

    4 жыл бұрын

    Well they don't care then oh well maybe this is a good change for American. Hopefully spend less on weapon and invest more on infrastructure or health care or education.

  • @parthpandey7881
    @parthpandey78814 жыл бұрын

    Meanwhile Singapore be like: We want 💰

  • @iche9373

    @iche9373

    3 жыл бұрын

    Yes 💰 - and Sovereignty. That's what Hong Kong wants like Singapore.

  • @joetrump2983

    @joetrump2983

    3 жыл бұрын

    LMAO while stock market crashing like flight MH17 finance.yahoo.com/news/singapore-overtakes-thailand-become-asia-082006110.html

  • @avarmauk
    @avarmauk4 жыл бұрын

    It cannot remain the asia financial hub. There will be a major shift towards Singapore

  • @chenchinakehnny2783

    @chenchinakehnny2783

    4 жыл бұрын

    as long as you don't want to do business with china

  • @thuylinhpham3622

    @thuylinhpham3622

    4 жыл бұрын

    Welcome to Saigon Vietnam.

  • @lesleylee3755

    @lesleylee3755

    4 жыл бұрын

    @@thuylinhpham3622 Saigon? You mean ho chi ming ?

  • @jackielam9423

    @jackielam9423

    4 жыл бұрын

    LESLEY LEE Ho Chi Minh*

  • @1000rogueleader

    @1000rogueleader

    4 жыл бұрын

    @@lesleylee3755 Even the locals still call it Saigon. Everybody calls it Saigon. I've never heard a single person call it Ho Chi Minh City.

  • @bbalila
    @bbalila4 жыл бұрын

    Business Should move to (Sorry Should have said Australia) Singapore Taiwan etc. I was there in 2001, Really heart breaking.

  • @stevengaynor5093

    @stevengaynor5093

    4 жыл бұрын

    Taiwan? seriously?

  • @stuckathome068

    @stuckathome068

    4 жыл бұрын

    no it won’t happen. Stock market is actually going up because HK will be more stable

  • @endeliggnist5066

    @endeliggnist5066

    4 жыл бұрын

    Why would they move? Hong Kong is finally returning back to normal, thanks to this new law.

  • @CrusoeAI

    @CrusoeAI

    4 жыл бұрын

    Lol, Maybe Singapore or Shanghai. Not Taiwan, Taiwan is a bigger joke than Trump

  • @sayyestofairness4266

    @sayyestofairness4266

    4 жыл бұрын

    @@endeliggnist5066 And Drumpf is 100% responsible for this.

  • @pumkineater7219
    @pumkineater72194 жыл бұрын

    Big business needs to prepare to leave HK now if the US removes the synergy between the US dollar and the Hong Kong dollar!

  • @tariitonyo3360
    @tariitonyo33604 жыл бұрын

    This was very thorough. Thank you!

  • @spencerlee7603

    @spencerlee7603

    3 жыл бұрын

    If you get your news from CBS, good luck!

  • @linliuqiang92

    @linliuqiang92

    3 жыл бұрын

    Lol thoroughly filled with lies

  • @AverageJoe483
    @AverageJoe4834 жыл бұрын

    The thing that would scare me most is if I lived in HK , expressed my freedom of speech against China , and now could potentially disappear forever for speaking out . These people definitely need refugee status

  • @themelon_1785

    @themelon_1785

    4 жыл бұрын

    yea i can confirm ur fears i literally live in hk the only calming factor is that every1 hates the ccp in hongkong (almost every1)

  • @AverageJoe483

    @AverageJoe483

    4 жыл бұрын

    THEmelon _ I hope you stay safe and good luck !!! Keep us posted on how things are going over there please

  • @harshitbaweja5594

    @harshitbaweja5594

    4 жыл бұрын

    I feel the same, I live in a democratic country so I have a habit of speaking against government if I do not like what they are doing and if my country like Hongkong ( because of China ) suddenly starts to punish me for that I'd be totally screwed.

  • @themelon_1785

    @themelon_1785

    4 жыл бұрын

    Ole Hickory123 thx

  • @mateusmahumane8990

    @mateusmahumane8990

    3 жыл бұрын

    Just stay put at home, you are safe there. Don't bother about China or HK

  • @beatlemania8273
    @beatlemania82734 жыл бұрын

    I expected to see something else when I clicked on the Winnie the Pooh thumbnail.

  • @susanhainan188

    @susanhainan188

    4 жыл бұрын

    Christopher robin and some some 🍯

  • @sinoroman

    @sinoroman

    4 жыл бұрын

    cringey

  • @DD-df5mi

    @DD-df5mi

    4 жыл бұрын

    Winnie the Pooh is a loveable character. How is this even an insult? Lol

  • @sushenamatya9878

    @sushenamatya9878

    4 жыл бұрын

    @@DD-df5mi So True.

  • @MCorpReview

    @MCorpReview

    4 жыл бұрын

    Winnie u know who, hk = piglet , tigger _ trump

  • @bgchal4662
    @bgchal46624 жыл бұрын

    I stand with Hong Kong and fully against the CCP.

  • @teomartini1105

    @teomartini1105

    3 жыл бұрын

    I stand with Iraq and against the 2003 invasion by the US

  • @daoistwanderer2671
    @daoistwanderer26714 жыл бұрын

    Freedom comes with responsibility. Any 1 country 2 systems ideals were never meant to descend into 2 systems 2 countries. So please wise up. Media should do a good job portraying the real difficulties on the ground and not just aping some Western politicians.

  • @TomCook1993
    @TomCook19934 жыл бұрын

    The president of China really needs an ID badge?? 😂😂😂

  • @Momo-idky

    @Momo-idky

    4 жыл бұрын

    True... Not everybody knows winnie pooh tho :p

  • @xraymind

    @xraymind

    4 жыл бұрын

    The name on the badge said "Win Ne Poo"

  • @ijulesy

    @ijulesy

    4 жыл бұрын

    dictator

  • @sinoroman

    @sinoroman

    4 жыл бұрын

    doesn't matter if you're president, if you're a party member, you have to wear the badge. the president knows that he has to make the right moves to keep the presidency.

  • @sinoroman

    @sinoroman

    4 жыл бұрын

    also, the disney jokes are still cringey

  • @user-nr2dv6yt4k
    @user-nr2dv6yt4k4 жыл бұрын

    Don't use double standards, the "Internal Security Act" allows Singapore Government to detain a person or persons without trial for indefinite time. It is much worse than the new Hong Kong Security Law as it has been used to suppress opposition to Government in the past. Why nobody is mentioning this?

  • @kongkason3369

    @kongkason3369

    4 жыл бұрын

    But we all know the the difference between two governments. Singapore gov works for its people while the HK gov is only responsible for the China gov, so they act without caring HK and HK ppl

  • @creamcheese6236

    @creamcheese6236

    4 жыл бұрын

    @@kongkason3369 you're talking to a communist troll. Look at the name. Ignore it.

  • @endeliggnist5066

    @endeliggnist5066

    4 жыл бұрын

    Because Singapore is not China. Anything to do with China is frowned upon by the west.

  • @simpsonsimon6082

    @simpsonsimon6082

    4 жыл бұрын

    Singapore has separation of powers,elections,it is completely different with PRC.The masses will use different attribute to facing the different government. When different government using different standard to facing the masses,they will got two different attribute in return.

  • @qiweimao9892

    @qiweimao9892

    4 жыл бұрын

    @@simpsonsimon6082 You study their election laws, the next PM will be the son of the current PM Lol.

  • @maggiechan33
    @maggiechan334 жыл бұрын

    Freedom for Hong Kong. Not rioters; only tyranny (from Beijing)

  • @0534676
    @05346764 жыл бұрын

    RMB chinese currency is now trading internationally and pegged to USD and Alibaba is trading via Citibank in Singapore so is HK really needed?

  • @BigKeith510
    @BigKeith5104 жыл бұрын

    Singapore and Taiwan will benefit largely from this.

  • @seanyu3964

    @seanyu3964

    4 жыл бұрын

    perhaps singapore, not likely for taiwan, since they are under similar situation as hk and will worsen over time, beside that, they were never tax free or to be considered as a bridge to mainland china, which was the position of hk before shenzhen arised

  • @seanyu3964

    @seanyu3964

    4 жыл бұрын

    @@dickygreenleaf8694 historically taiwan has always been part of china, you dont invade your own province bro

  • @deaftone311

    @deaftone311

    4 жыл бұрын

    @@seanyu3964 more like mainland china has always been a part of taiwan.

  • @krisshu7594

    @krisshu7594

    4 жыл бұрын

    @@deaftone311 In that way the whole euroasian continent has always been the largest island of taiwan republic, oops, republic of china lol

  • @RandomVideos-re9ux

    @RandomVideos-re9ux

    4 жыл бұрын

    She Yu you have to realise that China has absolutely no authority over Taiwan so it will be relatively safer here

  • @tidusfantasy
    @tidusfantasy4 жыл бұрын

    Let me give you my honest thought. Disclaimer, I have lived in Hong Kong, Singapore, Canada and the US, pretty much evenly. So i think i can give u some reality check. Singapore does not have much freedom politics neither, in fact u can be jailed and fined for anti government protest or defamation to singapore leaders... this is a fact, everybody knows this... But Singapore has always been viewed as stable even under the iron grip of its leaders... Because most people are happy living in Singapore, most day to day issues are not too great generally speaking. And look at how great a country it became today. Canada and US, both have very opposing political parties, preventing each other from progressing, they often disagree to one another. In HongKong, under the british rule before 1997, there was no election or democracy neither, everything was set in stone and managed by the UK. People made noise every so often. Lots of corrupt british leaders flourished in hongkong. So lets be clear, there was no democracy in HK prior to 1997 Fast forward to post 1997, somehow people have the perception that 1 country 2 system equals to hongkong able to manage itself entirely at lower scale level, yes, like many levels of ministries. But military wise, China takes care of it, saving Hongkong billions of dollars each year that would have gone to military otherwise if it were a true self governing city state. HOngkong also has a huge issues of housing crisis. Most low income people cant even get government housing, because government's revenue main source is from selling expensive lands to property tycoon. So there is a HUGE housing shortage. Otherwise, how could HK enjoy "No sales tax" and "Low corporate tax" and "Low personal income tax". But the issue is, poor people couldnt benefit from all these capitalism china brought to HongKong. And many politicians are pro-money, therefore pro-china. And Poor Hong Kong people want leaders to represent them, but to no avail. Hence this whole democracy issue came about. This single issue has led to many other anomosity towards china and almost forgot why they were fighting for democracy in the first place, that is to fight for a better living condition in hongkong, having your own dwelling place. So lots of protests came about. Eventually many smaller groups of protestors became violent rioters, damaging businesses, stopping people from accessing to town and road, hurting anyone that does not agree with their idealogy, u can call them HongKong's nationalists. After seeing so much videos of how they hurt innocent bystanders just because they dont agree with them, one even burn a guy live on tv with gasoline and fire, burning him alive. WTH?? Of course the police is also fed up with their behaviour, imagine mitigating with rioters for so many weeks and months, are u gonna be treating them nicely? Its understandable that the some individuals policemen overused their force, they r afterall human being. When a rioter attempt to steal the gun from a police, police will fight back. I tried very hard to understand the sentiment from both side. They couldnt agree to each other, ever. China had to step in, to end all these protests, because HK just wouldnt dare to do so unless China says yes. I can tell u this, if u r not into politics in hongkong, u will be as safe as in singapore, common discussion on dining table in public setting is absolutely fine, singapore allows u to do so too. But when u try to organize riots and democracy and independence, u will get into trouble, same like in singapore. What China and HK should do for its people, is to build more affordable housing, and control over-capitalism, poor people are suffering in hk. If you can make its poor and working class somehow satisfied, the city will be fine, everybody happy. I kept using Singapore as example, because it is simply one of the most stable city in the world. Leaders with iron fists, no true democracy, yet capitalism and socialism can coexist. By the way, lots of HK youths kept undermining people from singapore, kept calling them silent dogs... So think about this, for hongkong, do u wanna see riots everyday as businesses? Most businesses such as banks, they couldnt care less about politics, just give them money and business. So, to foreigners in HK, u r 100% safe!! And to China and HK leaders, understand the living condition many poor people are living in hongkong, help them get their own home if u wanna make them love china more ANd at last, to most hk people, i think u have been waiting for china to step in, and here u go...

  • @leechandler3651

    @leechandler3651

    4 жыл бұрын

    so are you saying that most of the people that protesting mainly poor people?

  • @yohaneschristianp

    @yohaneschristianp

    4 жыл бұрын

    Lee Chandler mainly poor to middle class, no?

  • @kevinrock9802

    @kevinrock9802

    4 жыл бұрын

    well said! man with wisdom.

  • @hhw3857

    @hhw3857

    4 жыл бұрын

    Lee Chandler i think he means especially the ones who have given it all in, like in the front line or doing the extremes?

  • @2005andywong

    @2005andywong

    4 жыл бұрын

    Agree

  • @tokkifoefire3409
    @tokkifoefire34093 жыл бұрын

    I'm wishing my gamer buddies in Hong Kong are safe with their family and friends, lost contact with them since the beginning of protest. Also, I'm saddened to see some Singaporeans are gleefully benefiting from Hong King's suffering and chaos...

  • @user-zv5db6vh3k

    @user-zv5db6vh3k

    3 жыл бұрын

    Dont take them seriously. The Singaporeans here are in no way representative of our views in Singapore. Views here are rather split, but I feel that the general consensus is that the protests are a horrible thing as it disrupts the lives of many third parties, such as the elderly and those not involved in these protests. We honestly dont feel much sympathy towards the protestors, who are doing this to themselves.

  • @gordenang7380

    @gordenang7380

    3 жыл бұрын

    No those guys are just trolls who probably arent even from Singapore, just a phoney trying to taint our country's image.. Singapore is rich enough even before the protest. Whatever thats happening in HK now is tragic and I really wish a divine intervention to restore HK independence.

  • @fever812
    @fever8123 жыл бұрын

    This was an outstanding and insightful report. Thanks for the information!

  • @hypertense7920
    @hypertense79204 жыл бұрын

    May Hong Kong 'Rest In Peace' 😔

  • @ja86hhhh42

    @ja86hhhh42

    4 жыл бұрын

    May USA ‘RIP’😢

  • @user-ig3yk1bv1k

    @user-ig3yk1bv1k

    4 жыл бұрын

    Hong Kong will prosper after these chaos end.

  • 4 жыл бұрын

    @@user-ig3yk1bv1k HK is already more prosperous than any other Mainland Chinese city and most Free( not anymore). You must be Dumb. Go check income per capita of Hong Kong. Dumb CCP bot

  • @odaialzrigat

    @odaialzrigat

    4 жыл бұрын

    @Neel Javia the thing is that KZread is banned for Chinese people, however is open for CCP agents and Chinese multinational enterprises

  • @johnut9515

    @johnut9515

    4 жыл бұрын

    CCP Agents everywhere even in youtube go back to your baidu 🤣🤣

  • @MrEdd215
    @MrEdd2154 жыл бұрын

    “I know, I know I’ve let you down...I’ve been a fool to myself!”

  • @DrTudor-bw8cb
    @DrTudor-bw8cb4 жыл бұрын

    Already gone One does not have to be dead to stop being alive, this heart of freedom I love, others dread, got carved out with a knife. The knife was dull, the rain washing away the wounds was last rain of the fall. Winter is here, freezing both hope and fear and I don’t have to choose, there is nothing left to lose. Dr. Tudor

  • @winterwolf1

    @winterwolf1

    4 жыл бұрын

    Be gone then.....not yours...

  • @jaakkoaleksi3265
    @jaakkoaleksi32653 жыл бұрын

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  • @stephaniejasper1313

    @stephaniejasper1313

    3 жыл бұрын

    Thanks for the tip, i just checked him out and he's credentials are quite remarkable.

  • @johannespessi3031

    @johannespessi3031

    3 жыл бұрын

    My investment is always secured with Mr Elson Sebastian I am so happy to hear people speak good of him..

  • @jaakkoaleksi3265

    @jaakkoaleksi3265

    3 жыл бұрын

    @@stephaniejasper1313 he's so good

  • @roosaveikko537

    @roosaveikko537

    3 жыл бұрын

    I've heard a lot about Elson Sebastian trading system in other crypto boards. I can't wait to get my paycheck this week so I can join

  • @melissabrooke1824

    @melissabrooke1824

    3 жыл бұрын

    Bitcoin is more profitable compared to stock trading and options., no argument there.

  • @laserbeamchaser
    @laserbeamchaser4 жыл бұрын

    i mean if the US was smart we would start a brain drain right now.

  • @kirstenroberts8478

    @kirstenroberts8478

    4 жыл бұрын

    The brain drain in hong kong began in the early 90s and was done before the handover in 1997. Most fled to Vancouver Canada. Hong Kongers knew the CCP was a deadly regime.

  • @hexagonliver9409

    @hexagonliver9409

    4 жыл бұрын

    @@kirstenroberts8478 and then many of these same people came back to Hong Kong when they realized China government was not horrible like what fake usa media said China was

  • @TW0man4RMY

    @TW0man4RMY

    4 жыл бұрын

    @@hexagonliver9409 If the USA media is fake, what is the Chinese media?

  • @doogledig2117

    @doogledig2117

    4 жыл бұрын

    @@TW0man4RMY State propaganda, as no one can set up a newspaper without being controlled exclusively by the CPP.

  • @laserbeamchaser

    @laserbeamchaser

    4 жыл бұрын

    @fireson23 wow you really earned your 50 cents.

  • @hsingholee1058
    @hsingholee10584 жыл бұрын

    Sure, go to Singapore. They have a stellar human rights there!!!

  • @gandhikumar2956

    @gandhikumar2956

    4 жыл бұрын

    HK is the financial hub of Asia because China's financial policies to make the foreign investment transit in HK and many mainland China's companies choose to list in HK. That's why SG cannot easily replace HK unless the Southeast Asia's countries develop to the level of China.

  • @tidusfantasy

    @tidusfantasy

    4 жыл бұрын

    @@gandhikumar2956 U r right, SG cannot replace HK simply because of volume. But SG has been a great "parking spot" for money... ur guess is as good as mine, what can china's people use SG bank accounts for? haha... SG has always been viewed as the Switzerland of Asia. And its still just a guesstimate how much foreign money is parked in singapore. They dont disclose, and also dont allow people to investigate. But also nobody bother to, Singapore say what, people just listen, simply because, the people are generally happy with the government... My retirement fund (CPF) got triple in 10 years, and i was lucky to draw them out in late 2019 haha. They did well with investing my retirement fund. Ok im actually just 34, but i left singapore last year so i had to take my retirement away with me

  • @Ron8649

    @Ron8649

    3 жыл бұрын

    And yet 40% of our population are foreign born. Foreigners would do anything and everything to get here. Wonder how many go to your wonderful Sh#1thoIe.

  • @mab1ism

    @mab1ism

    3 жыл бұрын

    @@Ron8649 Singapore a country that wouldn't survive a day against the full force of the US military. We let you breathe.

  • @Ron8649

    @Ron8649

    3 жыл бұрын

    @@mab1ism Yeah and you need SG to counter China.

  • @AkashBharadwaj
    @AkashBharadwaj2 жыл бұрын

    If Hong Kong is an Asian financial hub, what should Beijing, Shenzhen, Shanghai, Tokyo, Singapore, Mumbai, Seoul be?

  • @cooper-lunayen1944
    @cooper-lunayen19444 жыл бұрын

    This is the renaisance the european experienced in much earlier than this.

  • @junkeatng
    @junkeatng4 жыл бұрын

    Joshua Wong has a face that only his mother could love, or that only American propaganda could make lovable. Well done!

  • @motoharumotoharu
    @motoharumotoharu4 жыл бұрын

    We also have this law in Malaysia. Internal Security Act is a law to present any domestic violence and the government deserve to act to protect the state security. Don't be hyperbolic.

  • @nexu6517

    @nexu6517

    4 жыл бұрын

    I still won't understand how folks like you can't grasp that China has the worst human rights violations in the world. In Malaysia, you are free to criticize the government. You are free to express your opnions. You are free to say anything without the threat of 3 years to lifetime in prison, and be put on closed trials. In Hong Kong, you can't even say 'Free Tibet' or even express their dissatisfaction. Get your head out of your ass.

  • @D_2_M

    @D_2_M

    4 жыл бұрын

    @@nexu6517 are you sure? Try say bad thing about Muslim or Islam in Malaysia or Indonesia and good luck... Even the previous Indonesia capital city mayor accidentally say bad thing about religion and walla he went to jail.

  • @perfectstudents8361
    @perfectstudents83614 жыл бұрын

    After the Hong Kong handover to China in 1997, most experts predicted that Dubai would replace Hong Kong as the premiere financial center in Asia. It never happened.

  • @carly918

    @carly918

    4 жыл бұрын

    And it will not

  • @abuanwp

    @abuanwp

    4 жыл бұрын

    that was a joke already forgotten

  • @jackgaisano1640
    @jackgaisano16403 жыл бұрын

    Joshua Wong are USA n cia stooge

  • @Makkusuto
    @Makkusuto4 жыл бұрын

    Much respect to everybody on the streets of HK fighting for democracy and freedom. True heroes!

  • @vladimirsapalicio7337
    @vladimirsapalicio73374 жыл бұрын

    Hope that more people could survive this tragedy. Please keep yourself safe. 🇭🇰

  • @nalejbank
    @nalejbank4 жыл бұрын

    "That is Hong Kong's unshakable destiny." Not when globalists and communists conspire!

  • @pleasesubscribe7659

    @pleasesubscribe7659

    3 жыл бұрын

    CCP is horrible.

  • @Misterz3r0
    @Misterz3r04 жыл бұрын

    I hate to say this, because I feel for the Hong Kong people who want democracy, but as a realist, I think Hong Kong is going to be fine. Hong Kong as a financial center for Western firms may non longer be viable, but they will simply move all operations to their pre-existing operations in Singapore and Chinese state financial firms staffed mostly by mainland Chinese will take their place. Hong Kong people will be viewed with extreme skepticism and suspicion. If I were a Hong Kong citizen, I would move immediately out of the country to the UK.

  • @michaelc.z.373
    @michaelc.z.3734 жыл бұрын

    People are always blind to realise that there was no any rights for HKers during the colonial time kneeing under their English masters, now the British are weeping for them not having enough rights? Absurdity at its core.

  • @daano465

    @daano465

    4 жыл бұрын

    Are these British the same British as then? no.

  • @nottm9

    @nottm9

    4 жыл бұрын

    Funny you say that. A lot of my HK friends preferred the time that HK was under British rule. Not entirely sure why, but I suppose there is a reason for that.

  • @markbeerdom1760
    @markbeerdom17604 жыл бұрын

    When looting starts, shooting starts... quote from the leader of the free world.

  • @hellosammy4105

    @hellosammy4105

    4 жыл бұрын

    Lo and behold, he was right. So many shootings right after. America has the greatest shootings.

  • @D_2_M

    @D_2_M

    4 жыл бұрын

    @@hellosammy4105 yes those fireworks in the city sound more like gun shots

  • @MrViMichael
    @MrViMichael4 жыл бұрын

    Why US dont report about the pro China protest in Hong Kong and that more than 50% are pro China? The economy of Hong Kong has suffered due to the on going protests, violation and vandalism that has to be end by a stronger force. Its like black lives matter. Demonstrating for black lives is ok but is destroying stores acceptable?

  • @Maryyeung12894
    @Maryyeung128944 жыл бұрын

    Thank you CNBC for covering this!

  • @OwenRULESSS
    @OwenRULESSS4 жыл бұрын

    The UK and USA MUST allow Hong Kong residents to become citizens... the west has failed HK citizens

  • @jbone9900

    @jbone9900

    4 жыл бұрын

    we dont have to maybe the uk but china has failed not us

  • @Croydondebruyne

    @Croydondebruyne

    4 жыл бұрын

    The UK is BBC News - Hong Kong: UK makes citizenship offer to residents www.bbc.co.uk/news/uk-politics-53246899

  • @TheRapidGamer

    @TheRapidGamer

    4 жыл бұрын

    The UK has already agreed to this many many hours ago.

  • @jbone9900

    @jbone9900

    4 жыл бұрын

    @Dan H well no blm movement isnt over yet

  • @jbone9900

    @jbone9900

    4 жыл бұрын

    @Dan H and with hk were not china hk isnt our falut its china

  • @IhateCCP
    @IhateCCP4 жыл бұрын

    China has broken the 1984 Sino-British treaty unilaterally. Britain has every right to retake Hong Kong or Hong Kong has every right to become its own soverign nation. Hong Kong should join Australia/Canada/New zealand as the Commonwealth.

  • @KoushikPaulliveandletlive
    @KoushikPaulliveandletlive4 жыл бұрын

    Feel helpless seeing the situation of the brave 23 year old and the rest of Hong-Cong citizen.

  • @fwang3695

    @fwang3695

    4 жыл бұрын

    That guy is a cia puppet

  • @shobhanas738

    @shobhanas738

    3 жыл бұрын

    @@fwang3695 And you pretty much are a 50 cent CCP Troll

  • @CHUCKBALLER2024
    @CHUCKBALLER20244 жыл бұрын

    Freedom Ship - Sinking - Stay on Board or get to Life Boats.

  • @thetrustysidekick3013
    @thetrustysidekick30134 жыл бұрын

    Singapore can easily take up the mantle of "Asia's financial hub".

  • @gandhikumar2956

    @gandhikumar2956

    4 жыл бұрын

    HK is the financial hub of Asia because China's financial policies to make the foreign investment transit in HK and many mainland China's companies choose to list in HK. That's why SG cannot easily replace HK unless the Southeast Asia's countries develop to the level of China.

  • @tidusfantasy

    @tidusfantasy

    4 жыл бұрын

    Financial hub of southeast asia, Can..... But china too far lah

  • @robertwhleung
    @robertwhleung4 жыл бұрын

    Hong Kong became the New West Berlin. People who love democracy and freedom please stand with Hongkongers.

  • @hamidijafri

    @hamidijafri

    4 жыл бұрын

    nope... sorry

  • @tediboy5384
    @tediboy53843 жыл бұрын

    i dont like where this is going...i dont like this at all!

  • @hullopillow4853
    @hullopillow48533 жыл бұрын

    I only see HK stock market keep going up and up after the security law passed. If anything, it safeguard the economic prosperity of HK and boost investors' confidence.

  • @qinby1182

    @qinby1182

    3 жыл бұрын

    Would claim there does not seem to be any problems with "Investor confidence" in mainland China... and really what country do not have laws regarding National Security?? Similar law was passed in Macao and as far as I know that has not been any problems.

  • @JellyJerryy
    @JellyJerryy4 жыл бұрын

    The Chinese Communist Party single handedly forced the National Security Law, bypassing the HK Legislative Council and completely ignoring the HK citizen's opinions. The freedom to oppose the regime and to protest is obliterated. This is a clear breach of the Sino-British Joint Declaration. Hong Kong's proud "One Country, Two Systems" is officially dead on 1 July 2020 and Hong Kong shall become an ordinary Chinese city.

  • @xf3657

    @xf3657

    4 жыл бұрын

    copy and paste?

  • @lwglwglwg

    @lwglwglwg

    4 жыл бұрын

    And that’s fantastic news!

  • @addison2447

    @addison2447

    4 жыл бұрын

    Where are u from , Why dont u mind your own damn business. You have no say in any if your not a Citizen of China Or HK. Go cry to the British if u can.

  • @stevengaynor5093

    @stevengaynor5093

    4 жыл бұрын

    When British Parliament issued The Boston Port Act, Battle of Lexington occurred in 1775. 8 years later, the Continental Army led by General Washington finally defeated Redcoats and created a new nation. It is time for Joshua Wong to lead HK revolutionary to attack PLA barracks. 8 years later, a new nation will be created as well. Bravo!!!

  • @TaTa-tc3bs

    @TaTa-tc3bs

    4 жыл бұрын

    BS.

  • @diwanumam1507
    @diwanumam15074 жыл бұрын

    Why is CNBC so worried about this? China is not worried about Guam.

  • @Rakaamlil
    @Rakaamlil4 жыл бұрын

    Look out Xi, over there it is a cartoon bear coming for you, it's Winnie the Pooh!

  • @clairerong7226

    @clairerong7226

    3 жыл бұрын

    Thats DIS in US

  • @tclinn2909
    @tclinn29093 жыл бұрын

    HK will continue to thrive as a global financial hub, HK will continue to win.

  • @jcct
    @jcct4 жыл бұрын

    To show the tyrannic nature of CCP, Article 38 of the Nation Security Law covers offences by non-permanent residents of Hong Kong outside the city. Meaning any foreign citizen speaking out against them even while on foreign soil, or while on a vessel or aircraft registered in Hong Kong, can be prosecuted.

  • @HoHonLeung

    @HoHonLeung

    4 жыл бұрын

    @@deaftone311 it's a lie. Only idiots believe in that.

  • @thejaguarking1107

    @thejaguarking1107

    4 жыл бұрын

    In the US if you burn the colonial flag in protests and or a form of freedom of expression you can be prosecuted by the government.

  • @SaiSai-tn8pv
    @SaiSai-tn8pv4 жыл бұрын

    My heart feel heavy for Hong Kong

  • @amitcarbyne3635
    @amitcarbyne36354 жыл бұрын

    Hongkong is going to be ghost town

  • @Amidat

    @Amidat

    4 жыл бұрын

    they said the same thing before 1997 and it only got more expensive. go figure.

  • @keyboardtaskforcephi-3689

    @keyboardtaskforcephi-3689

    3 жыл бұрын

    It wont be a ghost town, just a Walmart version of Shanghai

  • @clintnovaclaw

    @clintnovaclaw

    3 жыл бұрын

    So sad and heartbreaking

  • @jackgaisano1640
    @jackgaisano16403 жыл бұрын

    Chris Patton was appointed to govern HK He was never elected What is he talking about The superiority of the British is long gone

  • @qinby1182

    @qinby1182

    3 жыл бұрын

    That Hong Kong gets a National Security law is nothing strange IT IS A REQUIREMENT according to the Hong Kong constitution written in negotiations with the UK. Macao also have a similar National Security Law, it has not have had any direct impact there. Hong Kong has been part of China FOR 2000 YEARS, that China institutes this security law now is not strange considering the amount of "foreign interference" in Hong Kong. The hypocrisy of the west in "cries about democracy" , if this is so important why did not the UK institute democracy during the 150 years it ruled Hong Kong. Hong Kong has never been more "democratic" than now BUT IT IS AN OLIGARCHY set up by the UK NOT CHINA. The hypocrisy of Western commentators like "Rob Koepp "They can arrest you without reason" well does it happen?? Has he seen Portland USA?? Kidnapping people (NOT ARRESTING) unidentified men (government agents) in unmarked cars... I say give it a rest.

  • @Nathand0992

    @Nathand0992

    3 жыл бұрын

    Qinby 1 I say we put you to rest .

  • @theinsfrijonds
    @theinsfrijonds4 жыл бұрын

    I like how on-the-nose her last name is. Sígalos means “(she/he/it) follows them” I wonder if it inspired her to become a reporter

  • @davidl2662

    @davidl2662

    4 жыл бұрын

    she's reading a script you psycho

  • @avadhutpatil9
    @avadhutpatil94 жыл бұрын

    0:02 whoa that was scary all of them pressing the button in sync, it kinda like they are robots and looking at their rash actions it seems that there goal is total human subjugation.

  • @suzannpuppiesareprecious5285

    @suzannpuppiesareprecious5285

    4 жыл бұрын

    This is the one World Order Government Deep State Shadow Ellie's Control. They probably already Transformed dehumanized their CCP Government Soilders with Artificial intelligence, that's why they look like robot's . Our Living Holy Bible's Prophecies are Converging Together Very Quickly with High Intensity. People need to come to our Living Loving Holy God Jesus Christ Yeshua before it's too late.

  • @VeryProPlayerYesSir1122

    @VeryProPlayerYesSir1122

    4 жыл бұрын

    It's because the matter has been decided by the CCP political bureau in close door. The congress meeting and the button pressing are just for show.

  • @suzannpuppiesareprecious5285

    @suzannpuppiesareprecious5285

    4 жыл бұрын

    @Peter Lim , Most of our American Media New's Stations are owned by CCP Investors. To permote CCP Government *Evil* Propaganda's . CCP Government intentionally spread Wuhans Cov 19 Pandemic to all Countries Worldwide to destroy all Economies and Population's. So nobody really wants anything from CCP Government especially not ever wanting any kind business with China's Communist Party Government. You can talk all you want about CCP Government, however all Countries Worldwide See CCP Government as a Enemy of the whole world. China's Communist Party Government is only destroying themselves with their evil ambitious and trying to take over.

  • @suzannpuppiesareprecious5285

    @suzannpuppiesareprecious5285

    4 жыл бұрын

    @Peter Lim , Killing's of people in other countries World wide with China's Wuhan Cornavirus Cov-19 Pandemic is nothing to be proud of. All because CCP Government wants to be the next Super Power.? CCP Government will meet it's end financially with no one to do business with. CCP Government Intentionally tryed to destroy all Countries worldwide Economies and killed massive amounts of innocent people in all countries worldwide . Now China's Communist Party Government will destroy their own Economy's. Our Living Loving Merciful Holy God Savior Lord Jesus Christ Yeshua Himself Almighty will punish China's Communist Party Government for all the evil they have done.

  • @producerevan88
    @producerevan884 жыл бұрын

    the man at 18:00, I know he meant well, and it's probably where he's from, but Hong Kong as we knew it is gone :(

  • @ashesfrombones

    @ashesfrombones

    3 жыл бұрын

    that means you don't know much of hongkong

  • @producerevan88

    @producerevan88

    3 жыл бұрын

    @@ashesfrombones oh? I'm pretty sure your response means you don't know much of anything. But hey, I could technically be wrong there too. Doubt it though. Dingus 🙄

  • @producerevan88

    @producerevan88

    3 жыл бұрын

    No offense, but how are the people of china doing? Or anywhere else the Chinese government has touched? Silent? Dead? Mixture of the two? That's what I thought. As I said. Hong Kong, not the same.

  • @popcycleism
    @popcycleism4 жыл бұрын

    China uses national security as a reason to do whatever they want is no different from the US stating any reason towards national security. As long as it is a gain at whatever cost.

  • @hillerm

    @hillerm

    4 жыл бұрын

    Except when does the US actually do that?

  • @jaxthedisintegrator8096
    @jaxthedisintegrator80964 жыл бұрын

    No Sleeping Dogs 2 😢

  • @gabrielfoster7177

    @gabrielfoster7177

    4 жыл бұрын

    I feel that

  • @bluebloo5574

    @bluebloo5574

    4 жыл бұрын

    Cooked Dogs in China

  • @Blindswordsman1994
    @Blindswordsman19944 жыл бұрын

    Hong Kong is finished. Welcome to Xiang Gang

  • @kwakoushakur1391

    @kwakoushakur1391

    4 жыл бұрын

    WRONG..

  • @kwakoushakur1391

    @kwakoushakur1391

    4 жыл бұрын

    Living under WHITE Supremacists Hong Kong is Already DEAD.

  • @gigar9000

    @gigar9000

    4 жыл бұрын

    And yet you're here, on KZread. How's that 50 cent?

  • @leomignonneau1765

    @leomignonneau1765

    4 жыл бұрын

    @@kwakoushakur1391 You enjoy the use of KZread and probably other American made internet services. How do you like it? Do you think it's good that those are forbidden in China?

  • @kwakoushakur1391

    @kwakoushakur1391

    4 жыл бұрын

    @@leomignonneau1765 Who gives a DAMN?

  • @user-km2bz8iy5o
    @user-km2bz8iy5o4 жыл бұрын

    Ironically Singapore proves that you have a lot of economic freedoms and rule of law as it relates to civil and commercial matters, but little by way of free speech and rule of law when the litigant is the state. It is still far better than what HK will be under the NSL but SG isn’t as free wheeling as UK or Australia when it comes to political freedoms

  • @josephloh1506
    @josephloh15064 жыл бұрын

    It is China that’s matters, no market no hub,

  • @hourbee5535
    @hourbee55354 жыл бұрын

    Make Taipei, Taiwan a new Asian financial hub

  • @qwt1852

    @qwt1852

    4 жыл бұрын

    Impossible, Taiwan's economy is extremely stagnant and is too politicized to do business with.

  • @jackielam9423

    @jackielam9423

    4 жыл бұрын

    Seoul, Tokyo, and Singapore are more likely to be the new financial hubs

  • @arthurdesouza8298
    @arthurdesouza82984 жыл бұрын

    Delist all chinese compaines and ccp affliated companies on the US stock exchange .........

  • @workthatbrainout4555

    @workthatbrainout4555

    4 жыл бұрын

    Let's start by doing our part. Don't buy made in China products.

  • @VeryProPlayerYesSir1122

    @VeryProPlayerYesSir1122

    4 жыл бұрын

    @@workthatbrainout4555 It's hard bro. Basically, everything are made in China.

  • @Amidat

    @Amidat

    4 жыл бұрын

    @@workthatbrainout4555 and if you do that you do realize they can stop buying anything from the US... China is the biggest market.

  • @Amidat

    @Amidat

    4 жыл бұрын

    Check the global IPO's. Also check where most of the Global Fortune 500 is... You guys say things not really understanding the implications.

  • @workthatbrainout4555

    @workthatbrainout4555

    3 жыл бұрын

    @@VeryProPlayerYesSir1122 it's not too hard really if you really try. I don't mind paying a little extra to buy stuff made in other countries. But unless everyone tries nothing will stop an evil government from taking over someday in the future

  • @anastasiaromanov3737
    @anastasiaromanov37373 жыл бұрын

    Thank you Hong Kongers for fighting communist totalitarians so fearlessly.

  • @Cloud7050
    @Cloud70504 жыл бұрын

    The closed captions are way out of sync

  • @felixh4294
    @felixh42944 жыл бұрын

    WARNING!: half the people in the comments below haven't watched the video and are misinformed.

  • @colekade5948

    @colekade5948

    4 жыл бұрын

    Yeah... I don't know what's wrong with most people here.

  • @Rommie26
    @Rommie264 жыл бұрын

    Hong Kong citizens: fly the American flag American citizens: burn the American flag 🤦🏻‍♂️

  • @astonishastral3099

    @astonishastral3099

    4 жыл бұрын

    America intervenes everywhere in the world on divide and rule base policy , and look now how they treat minorities within the USA ,

  • @ethangong6813

    @ethangong6813

    4 жыл бұрын

    As an US Veteran , if I physically see anyone burn American flag , I’ll beat them until die !

  • @hamtaro373

    @hamtaro373

    4 жыл бұрын

    lol

  • @xf3657

    @xf3657

    4 жыл бұрын

    @@ethangong6813 Then US corps make you can't breathe

  • @mpch3743

    @mpch3743

    4 жыл бұрын

    XF HK corps make you disable and disappear

  • @bowlampar
    @bowlampar4 жыл бұрын

    Making the city the next Asia and International money laundering hub for mainland regim'se dirty $$$ is the next goal , won't matter whether it survives as Asia Financial Hub or not on Beijing part. .

  • @ingenium7135
    @ingenium71353 жыл бұрын

    Would have been the biggest troll of the century, if GB would have given HK to Taiwan instead of mainland china 😂😂😂

  • @jeffchu7928

    @jeffchu7928

    3 жыл бұрын

    Funny. No idea if you are brain washed or damaged.

  • @laurasantiago6280
    @laurasantiago62804 жыл бұрын

    Hongkong I am so sorry to see you suffer.I am American ,I love Hong Kong. I wish I was young because in my heart I wanted to go and protest by your side.I PRAY FOR FOR YOUR RIGHTS.

  • @-noname-6730

    @-noname-6730

    4 жыл бұрын

    PRAY for American's life first and PRAY your president wear a mask!

  • @jackwu4748

    @jackwu4748

    4 жыл бұрын

    Great . Go to Hong Kong protest and get jailed as a foreign influencer. not a bad deal

  • @caryandrae9952

    @caryandrae9952

    4 жыл бұрын

    If you are american, please tell your govt not to train and fund illegal rioters and causing civil unrest. What america is doing is no different to antifa in america.

  • @arbynChief617

    @arbynChief617

    4 жыл бұрын

    WilMar literally black lives are not in danger. That is a manufactured media lie. There is no evidence to suggest it as such. We can worry about our issues while worrying about Hong Kong as well. You can walk and chew gum at the same time

  • @myfreespirit58

    @myfreespirit58

    4 жыл бұрын

    @@arbynChief617 You are such a bad liar. George Floyd died for nothing.

  • @Sartorius988
    @Sartorius9884 жыл бұрын

    Basically, the entire video is answered by the guy at 17:50, you welcome :)

  • @leechen504
    @leechen5044 жыл бұрын

    One country two systems. Although the system doesn't tick all the boxes hoped by Hong Kong people, seeing all the riots in the past, China is asking, simply, for the one country - No one country, no two systems.

  • @dontgetcaughtslippn6075
    @dontgetcaughtslippn60754 жыл бұрын

    They don’t need to be a financial hub. They will be part of the greater Bay Area for economic zone. More diversify and opportunities for the people. I live in Hong Kong, life is still good

  • @MelancholyCrypto
    @MelancholyCrypto4 жыл бұрын

    Move all businesses to Taiwan!

  • @ericanderson3534

    @ericanderson3534

    4 жыл бұрын

    @ong kim Taiwan is an island off the eastern coast of China. Its composed of a free people who escaped the genocide of the Communists. Hong Kongers would do well to seek asylum there.

  • @phlprinting

    @phlprinting

    4 жыл бұрын

    Hong Kong will look too juicy, china will invade

  • @lu881
    @lu8814 жыл бұрын

    08:35 _"China constantly uses national security as a reason for saying, "I don't have to abide by any rules...I can arrest you without any need for explanation""_ _"The US constantly uses national security as a reason for saying, "I don't have to abide by any rules...I can arrest you without any need for explanation""_

  • @tristanbulluss9386
    @tristanbulluss93863 жыл бұрын

    I had to come here because you can't comment on Australian news.

  • @TCBumby
    @TCBumby4 жыл бұрын

    I don’t mean to be insensitive but It’s a part of China. Just get over it. People need to accept the fact that the uk had a 99 lease over hk and now it’s over. (+50 years of “ hk way of life”)

  • @Captain4707
    @Captain47074 жыл бұрын

    “pEaCeFuL pRoTeSt!” How well did it work in Hong Kong? Tiananmen Square in 1989?

  • @janfranklin5269

    @janfranklin5269

    4 жыл бұрын

    Slaughter pigs

  • @Halokiller11200

    @Halokiller11200

    4 жыл бұрын

    What are you talking about nothing happened in Tiananmen Square 1988.it was just another normal day

  • @natemartinez2189

    @natemartinez2189

    4 жыл бұрын

    Nothing happened Tiananmen Square in 1989

  • @natemartinez2189

    @natemartinez2189

    4 жыл бұрын

    赵利争 fax’s

  • @Captain4707

    @Captain4707

    4 жыл бұрын

    David of Yorkshire Tiananmen Square was a peaceful protest for democracy. And China rolled in the tanks. Hong Kong was a peaceful protest for democracy. And although they didn’t roll in the tanks, they still got what they wanted: Hong Kong under communist rule.

  • @kimchi_taco
    @kimchi_taco4 жыл бұрын

    Housing price is gonna crash. Actually, it maybe better for future generations?

  • @Zerglot

    @Zerglot

    4 жыл бұрын

    @Steve Mano listen to yourself, brainwashed by capitalism as well. Same same

  • @MMLL369

    @MMLL369

    4 жыл бұрын

    Shut up if you don't know crap. Present some actually data other than just skepticism.

  • @Igneale

    @Igneale

    4 жыл бұрын

    @@Zerglot Yes, because not wanting people to be imprisoned or killed over an opinion is "brainwashed"... moron. Keep supporting the genocidal maniacs.. maybe you can get some free Falun Gong or Uygher body parts for your loyalty WuMao.

  • @skychaos87

    @skychaos87

    4 жыл бұрын

    ​@@Igneale kzread.info/dash/bejne/f4eZx6ewlJXYldY.html kzread.info/dash/bejne/c2yTu7lxg86_ctY.html kzread.info/dash/bejne/mq6El8NugNGeqbA.html kzread.info/dash/bejne/Z4Ob0tOKmKSydKw.html Watch these videos and say it again that these kids are not brainwashed by the political dogma of democracy and freedom. Protesters waving colonial and foreign flags, rioters destroying public and private properties, beating up citizens and burning them alive for having different political opinions is anything but democratic. Anyone with a wee bit of common sense knows that nothing in this world is perfect, everything has its pros and cons. Only idiots would worship ideology of freedom and democracy like its a dogma, to the point they believe invading and undemocratically forcing democracy on other countries is okay.

  • @Johannesai1

    @Johannesai1

    4 жыл бұрын

    Stop accusing each other of being capitalist: now all parts of China (Taipei-Beijing-HK) are capitalist with market economy. What's different is the ideological orientation of the State: communism (Beijing) and liberalism (Taipei). Liberalism is the real name of the system in most of Western countries since 1717 Masonry and 1789 the masonic-liberal French Revolution. Wherever there is market economy, there's capitalism, and PRC managed to combine market economy with State planning in an impressive way. Remember Western countries also performed such combination from 1945 to 1973 to rebuild themselves from WW2

  • @melvinbarnett1910
    @melvinbarnett19104 жыл бұрын

    Hong Kongers overplayed their hand of rioting by forgetting one thing, Hong Kong was still inside China.

  • @dhui777

    @dhui777

    4 жыл бұрын

    Not necessarily. Hong Kongers have attracted international attentions. CCP will pay for destroying Hong Kong.

  • @kelvinlam2169
    @kelvinlam21692 жыл бұрын

    It would be interesting to see a follow-up to this piece, now that we are into Apr 2022. With the (mis-)handling by the HKSAR over the 5th wave Omicron spread and death toll during this wave along surpassed 8000+ (as of Apr 4, 2022) - I find the answer would be quiet trivial to the question of [Can Hong Kong Survive As Asia’s Financial Hub?]

  • @matthewclare16
    @matthewclare164 жыл бұрын

    Really good video!

  • @economicsinaction
    @economicsinaction4 жыл бұрын

    Singapore: *my time to shine*

  • @campkira

    @campkira

    3 жыл бұрын

    not really...

  • @spoon7313

    @spoon7313

    3 жыл бұрын

    Singaporean here. Singapore acts as a bridge between the east and west too. As Hong Kong declines, we expect businesses to start funnelling through Singapore.

  • @sblee6620
    @sblee66203 жыл бұрын

    How do the HK Government support the National law without knowing the content?

  • @ongtw3539
    @ongtw35393 жыл бұрын

    US anti racism movement should be more important news. Mind your own business, the champion.