Thursday, May 21, 2020

And so it begins from today's WSJ---"China signaled it will impose new national-security laws on Hong Kong, dealing a bl...

And so it begins from today's WSJ---"China signaled it will impose new national-security laws on Hong Kong, dealing a blow to the territory’s autonomy as Beijing seeks to stamp out widespread pro-democracy protests that have challenged leader Xi Jinping." What XI and the Communist Party miss is that they might as well send their entrepreneurs to the US right now as the best and brightest will see this for the choke hold it will be on any innovation they create. Some in our c...ountry may see this move as a negative for us but I see it exactly the opposite. Doing business in China is doing business with the Communist party and the rules can change at their whim. The WSJ more eloquently captured my thoughts with: "threatens to erode business confidence in the city, which has prospered as a global financial center and trading port largely because of its independent rule of law and Western style freedoms of speech and assembly." If the Uighur situation, the virus, Chinese saber rattling and now this has not revealed to the world how this country will act if they become the pre-eminent superpower I have to wonder if there is any hope for freedom.


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