My father was actually among the 2nd group of cadres who formed the management training class （蛇口工业区干部培训班）of the Shekou Industrial Zone Holdings (蛇口工业区) of the China Merchant Group（招商局）. He and his comrades works directly under Yuan Geng (袁庚), most of them are in top managerial positions in important Chinese companies today. I am NOT trying to reveal anything. But if you know anything about Shenzhen, you would know what I am talking about. But dude, you don't really know what you're talking.
Hong-Kong Protests
- Thread starter Pika
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My father was actually among the 2nd group of cadres who formed the management training class （蛇口工业区干部培训班）of the Shekou Industrial Zone Holdings (蛇口工业区) of the China Merchant Group（招商局）. He and his comrades works directly under Yuan Geng (袁庚), most of them are in top managerial positions in important Chinese companies today. I am NOT trying to reveal anything. But if you know anything about Shenzhen, you would know what I am talking about. But dude, you don't really know what you're talking.
I won't pretend like I have insider knowledge, but Yuan Geng was based in HK for a time and China Merchant was one of the first mainland companies listed on HKSE. Maybe these factors were of limited value, but are you are really going to say early development of SZ has nothing to do with HK? Maybe I just don't know the history as you are rewriting it! Anyway, this is OT
Jura The idiot
General
it appears someone hit back (I have to leave right after putting links below):
Government condemns attack on Hong Kong protest leader Jimmy Sham
Government condemns attack on Hong Kong protest leader Jimmy Sham
- All kinds of violence are unacceptable, says deputy leader, adding that police will bring culprits to justice
- Civil Human Right Front leader was hit with hammers and spanners on Wednesday night, the second time he was attacked in two months
Finally someone has nailed it.
A shattered Hong Kong is a boon for Shanghai and PRC.
I am afraid you haven't got the memo. Please introspect, what can HK give that cannot give any other major Chinese city?
It is in China's interest to hollow out HK financial services sector and try settle them in mainland. Let HK have its freedom.
solarz
Brigadier
No it's not. This isn't a zero-sum game.
Yes. This. A SHATTERED HK is going to hurt China as much as a shattered Dalian or a Shattered Wuhan. An US vs them narrative will only aid the secessionists.
I don't know if some of these other posters are deliberately trying to sow discord between mainland and HK Chinese for ulterior motives or if they are projecting their hatred for the rioters and conspirators on to all of HK or if they are simply prejudiced against HK for some other reason, either way their take that China is out to "ruin" HK is inaccurate. HK needs to diversify away from international finance anyways, being "forced" by these circumstances to do so is as good a reason as any and actually saves China effort in improving HK.
That's quite slippery of you. Remember your own words in a previous quote:
You repeatedly stresses that
That is as much of an outsider's view as it can be. Because Shenzhen wasn't modeled after Hong Kong at all. Now you try to support your argument by saying
Lol, are trying to imply that every Chinese cadre who has worked/based in a place outside of mainland China necessarily modeled their reform project after the place they temporarily based on? Are you also trying to imply that any Chinese company that listed (or be one of the first to be listed) on a stock market outside of mainland China necessarily does everything subsequent project modeled on the country/territory where they listed.
You are full of crap. Sure, Shenzhen was a giant step toward a more market-oriented economy, that the rest of China held off on for a while. But Shenzhen is first and foremost a command economy that has an open market. Shenzhen is still a command economy. HK is NOT. Shenzhen has five-year plans, and Shenzhen's economy is NOT dominated by private capital. Never was, and never will be.
Shenzhen is a Hi-technology R/D and manufacturing services oriented economy. It is planned by the Chinese government to be such. This is not determined by private capital.
HK is a services-oriented economy dominated by financial services. The HK government has NOT power nor intention to plan for HK to be anything but. HK's economical structure is determined by capital, NOT planing.
HK is NOT a command economy, it's a total free and open market, dominated by private capital. SZ is a command economy with an open market. it is NOT dominated by private capital, but by state capital.
If we look at the possibilities-
1. China intervenes in HK
2. China doesn't intervene in HK
In case 1, China will not only face more media outrage she may also face a massive economic sanction. Neither is a desired outcome for China.
In case 2, HK (probably supported by pro Chinese citizen) faces the protesto-rioter onslaught-
Now if we break down case2-
A. HK authorities prevail- no sign as of now. More importantly we don't see massive pro Chinese rallies in HK even after all these violence. The battered Venezuelan government had more visible support from the populace than HK with its apparently fed up society has.
B. HK fails to reign in the protesto-rioters. Massive economic loss along with loss of reputation.
Now if we think from Chinese perspective (not Chinese grown up or living in western societies for decades) HK or majority of its supposedly neutral populace hasn't shown any sign of tackling the issue.
HK simply doesn't deserve the connectivity to Chinese market. It's in the best interest of Chinese authorities to lure as many bfsi farms as possible to relocate to the mainland.
It may sound harsh but it's the best solution.
1. China intervenes in HK
2. China doesn't intervene in HK
In case 1, China will not only face more media outrage she may also face a massive economic sanction. Neither is a desired outcome for China.
In case 2, HK (probably supported by pro Chinese citizen) faces the protesto-rioter onslaught-
Now if we break down case2-
A. HK authorities prevail- no sign as of now. More importantly we don't see massive pro Chinese rallies in HK even after all these violence. The battered Venezuelan government had more visible support from the populace than HK with its apparently fed up society has.
B. HK fails to reign in the protesto-rioters. Massive economic loss along with loss of reputation.
Now if we think from Chinese perspective (not Chinese grown up or living in western societies for decades) HK or majority of its supposedly neutral populace hasn't shown any sign of tackling the issue.
HK simply doesn't deserve the connectivity to Chinese market. It's in the best interest of Chinese authorities to lure as many bfsi farms as possible to relocate to the mainland.
It may sound harsh but it's the best solution.