atans1

HK: Who Beijing really blames for the protests and riots

In China, Hong Kong on 13/09/2019 at 3:04 pm

Chinese officials and their running dogs have publicly blamed the West (CIA. MI6, etc etc) for instigating the ang moh tua kee Hongkies.

The int’l press meanwhile have been highlighting that the local tycoons had been assuring Beijing that all was well: focusing on the big picture economic numbers and gliding over or misrepresenting awkward data like the declining affordability of housing*. They also reported that Beijing officials were privately grumbling about being misled by local tycoons.

So it was interesting that when the Economist and the NYT recently interviewed Ren Zhengfei, Huawei’s founder: he said he thinks that Honkie tycoons were “too greedy”

Asked about the unrest in Hong Kong, the Huawei boss voices aloud a criticism that other members of the mainland elite normally voice in private: that the tycoons who dominate the former British colony have been too greedy over the years. “The issue in Hong Kong has been caused by extreme capitalism. The four major families have made enormous amounts of money,” he says, detailing how the same few property magnates control the economy down to its humblest newspaper kiosks and coffee shops. “A lesson we are learning from the current situation in Hong Kong is that the divide between the rich and poor shouldn’t be too large,” he says.

https://www.economist.com/china/2019/09/12/huaweis-founder-defends-deng-xiaopings-chinese-model

Morocco Mole (Secret Squirrel’s side-kick) says that his second cousin twice removed in the CCP Central Committee says that Xi is planning to make these tycoons make big public donations (billions of dollars) to the HK govt which will use the money to do things like build cheap (not “affordable”) public housing. Remember you read of this first here.


*Bit like grassroot leaders telling PM and his millionaire ministers that the grumblings of people like me between 2007 and the calling of GE 2011 was “juz noise” and didn’t reflect reality: voters were happy with the PAP. As PM admitted, he and his ministers realised the truth during the campaigning and he apologised: BG Yeo wants to lead Opposition within the PAP?.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: