The East-West tussle between efficient authoritarianism and the wealthy but decaying democratic-capitalist model has seen blood spilled daily on the streets of Hong Kong — even more so now that coronavirus is on the wane and social distancing is being relaxed.
For that reason, there was a palpable sigh of relief from stock markets in Asia on Monday when the clash between global superpowers China and the U.S. did not turn any nastier over the weekend.
Hong Kong’s Hang Seng Index bounced back up by more than 3% — likely because Donald Trump’s punishment of China for directly injecting a controversial national security law into Hong Kong’s mini constitution turned out to be so tame.
Earlier last week, U.S. Secretary of State Mike Pompeo had certified to Congress that Hong Kong is no longer autonomous, and that China is now in breach of a 50-year agreement that isn...
For that reason, there was a palpable sigh of relief from stock markets in Asia on Monday when the clash between global superpowers China and the U.S. did not turn any nastier over the weekend.
Hong Kong’s Hang Seng Index bounced back up by more than 3% — likely because Donald Trump’s punishment of China for directly injecting a controversial national security law into Hong Kong’s mini constitution turned out to be so tame.
Earlier last week, U.S. Secretary of State Mike Pompeo had certified to Congress that Hong Kong is no longer autonomous, and that China is now in breach of a 50-year agreement that isn...
- 6/2/2020
- by Patrick Frater and Rebecca Davis
- Variety Film + TV
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