What Will Happen To Hong Kong
Recent developments in hong kong pose significant threats to foreign firms operating there of which 1 300 or so are us firms.
What will happen to hong kong. The opposition insists the amendment to existing extradition law will impede upon hong kong s legal system in a way that turns their rights as residents of hong kong into a dead letter. What happens on july 1 2047. Think about where china was three decades ago. Despite being a part of china hong kong sar still maintains its own extradition treaties with other nations.
President trump said thursday that the united states would strongly respond to any attempt by the chinese authorities to impose a crackdown on hong kong. Ramifications for hong kong. The action was likely to provoke anger from pro democracy activists in hong kong which could lead to even bigger and more violent protests. Hong kong was a british crown colony for 156 years and the ties between the uk and hong kong run deep.
Hong kong there has been a lot of talk here lately about the year 2047 50 years after the return of the special administrative region to china from the u k. This is at best an obfuscation. But it is unlikely that many hong kongers will move from their home. Last year s protests shut down the airport off and on for weeks.
1978 saw the opening of china via the capitalist reform. No not this ts 1989. What exactly happens to them will depend to a large extent on why. A simple statement that hong kong s way of life can continue indefinitely after 2047 until otherwise agreed would sets minds at ease in hong kong and aid beijing s case for reunification with.
When china regained sovereignty over hong kong from the british in 1997 it was under an agreement to allow the city a high degree of autonomy for 50 years. The move could aggravate china s worsening relations with the united states which has long criticized china over the erosion of hong kong s autonomy. That arrangement known as one. But my point is that things change and change in unpredictable ways.
It is likely that supply chain operations will again be disrupted at the hong kong airport and seaport.
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