Commentary: An independent and thriving Hong Kong is a fantasy

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Protesters and the Hong Kong Government must show a willingness to compromise, say Andrew Sheng and Xiao Geng.

On one particularly devastating day earlier this month, police fired more than 1,500 rounds of tear gas, a police officer shot a demonstrator at point-blank range while being attacked, and protesters immolated a man who disagreed with them.More than 4,000 people have been arrested, infrastructure has been destroyed, and the economy has sunk into recession. And for what?Hong Kong’s government withdrew the extradition bill that triggered the protests.

Yet all is not lost, as the city’s stock market continues to function. Alibaba – China’s largest e-commerce company, which holds the world record for the largest initial public offering – has followed through on its plan for a secondary listing in Hong Kong, where it is on track to raise nearly US$13 billion.

Alibaba described its decision to list in Hong Kong as a vote of confidence in the embattled city's markets AFP/YE AUNG THUYet these economic advantages have had unintended social consequences, driving the city’s highest level of inequality in 45 years. The formation of filter bubbles and echo chambers compounded the problem, inundating young people with the message that mainland China was to blame for their every woe.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

VOICES OF HONG KONGForgive them father.....for they not know wat they r doing. Hong Kong gone case ... no need discuss , no solution forever , HK forever will protest , Beijing forever will let u protest , cos it never hit them , its HK vs HK , HK vs own people !!!! Donno why got peaceful life dont want , want what democracy , what human rights .... follow blindly no good one , western democracy good ? Carry guns go shooting rampage , good ? 1 min 1 homocide in New York City , good ? Freedom to take drugs , good ?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

VOICES OF HONG KONG
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Hong Kong protesters return in peaceful post-polls rallyHONG KONG (BLOOMBERG, REUTERS) - Hong Kong protesters returned to the city centre in a peaceful rally after the city's pro-democracy forces won by a landslide in local district council elections in a rebuke of the government and its backers in Beijing.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

China arrests Belizean, Taiwanese over alleged meddling in Hong Kong affairsHONG KONG/BEIJING: China has arrested a citizen of Belize for allegedly colluding with people in the United States to meddle in the affairs of ... Ya if got proofs , throw them into Labour Camp LOL
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China arrests Belizean citizen over meddling in Hong Kong affairsBEIJING (REUTERS) - China arrested a citizen of Belize in its southern city of Guangzhou for allegedly meddling in the affairs of Hong Kong, the official Guangdong Communist Party newspaper reported on Saturday (Nov 30), citing the relevant national security department.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

China TV reporter guilty of slapping British political activist during Hong Kong debateLONDON (AFP) - A journalist with Chinese state broadcaster CCTV was on Friday (Nov 29) convicted of slapping an activist with Britain's governing Conservative Party during a debate over Hong Kong.. Read more at straitstimes.com. Looking at the video, the man was pushing her. She slapped his hand away n shouted 'leave me alone'. The man should be charged for using force on her in the first place. GBHK
Source: The Straits Times - 🏆 8. / 63 Read more »