Continued uncertainty over the law’s implementation, response by protesters and retaliation from US may restrain Hong Kong’s economic recovery from Covid.
Xi Jinping Tuesday signed controversial security law that gives China new powers over Hong Kong that are tailor-made to curb dissent, protests and criminalise sedition.
The measure to punish acts of secession, subversion, terrorism and collusion with foreign forces comes on the eve of the anniversary of Hong Kong’s return to Chinese rule.
Details of the measures to punish acts of secession, subversion and terrorism in Hong Kong had been kept secret since the drafting of the law was approved.
If one continues to stay, it will mean facing renewed disruptions arising from political turmoil and to leave will involve risking relocation amid a recession.
Many young protesters rely on funds from sympathizers to help pay their legal bills. But the pandemic and the Chinese govt are restricting the cash flow.
US Secretary of State Mike Pompeo said Hong Kong is no longer autonomous from China, allowing the Trump administration to strip the territory of some of its privileged trade status.
Chinese propaganda outlets played up violent scenes from US protests as the kind of chaos that plagues western democracies but would never be permitted in Mainland China.
In episode 483 of #CutTheClutter, Shekhar Gupta explains why China decided to choose this moment to go ahead with the national security laws for Hong Kong.
FM adds that AI-assisted technologies should be adopted in all districts to bring development & highlights importance of collaborative ecosystems in tech innovation.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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