top of page

Vietnam Hot News | Pham Family Magazine | Thành phố Nha Trang-The Wall Street Journal & Breaking New

https://phamfamilymagazine.wixsite.com/vietnam/blogVietnam Hot News.Vietnam News, articles on economy, investment, Bond, Stock..Plan financial for investor and hot news related your investment lead to ..


Hong Kong People Power Makes U.S. Case on China's Home Turf

Hong Kong’s stunning show of people power this week dealt what may eventually be a fatal blow to the city’s leader Carrie Lam, who faces more protests Sunday after backing down on a Beijing-friendly bill that would allow extraditions to China for the first time.

But the biggest loser could be further to the north. President Xi Jinping just saw hundreds of thousands of people hit the streets on Chinese territory to effectively say they had no faith in the mainland’s system of governance -- one he has pushed as a model for other strongman regimes around the world. Even worse for Xi: It actually worked.

China’s leader is currently engaged in a trade war with the U.S. that is evolving by the day into an ideological battle: Democracy vs authoritarianism, market-led vs state-managed economies, and free speech vs reeducation camps. By hitting the streets en masse, Hong Kongers showed they didn’t trust the city’s dominant Beijing-controlled lawmakers to protect them from the mainland’s legal system, which ultimately answers to Xi’s Communist Party.

“What’s really at issue is people’s distrust in the Chinese judiciary and its legal system,” Claudia Mo, one of the most outspoken opposition lawmakers and a main protest organizer, said in an interview after Lam spoke. “As long as things remain the same as they are in China, nothing is going to change.”

For Xi, it comes at a terrible time. In the Trump administration’s push for the world to reject Huawei Technologies Co.’s equipment in 5G mobile networks that will fuel the modern economy, the U.S. is essentially making the same argument: China can’t be trusted to uphold the rule of law. Beijing counters that the U.S. is simply seeking to stem its economic rise and catch up in the race to acquire next-generation technologies.

The topic is set to loom over the Group of 20 meeting in Japan later this month, with Trump threatening more tariffs if Xi doesn’t meet him.

“It is a blow to Xi and he will try to pin the blame on others -- be it poor decisions by the Hong Kong government or foreign agitation,” said Dennis Wilder, managing director of the Initiative for U.S.-China Dialogue on Global Issues at Georgetown University and former senior director for Asia on the National Security Council.

“Perversely, I think it makes getting a trade deal with Washington that much more important to Xi and the Politburo,” he said. “They will need to restore business confidence in China, and the most effective way to do that is to lower the trade tensions with the United States.”

‘Amazing’

American lawmakers have been vocal about the Hong Kong protests, even threatening to remove special trade privileges if the bill passed, showing that broader relations with China will almost certainly be a key 2020 election topic. While Trump himself was relatively subdued, his administration has pounded China in recent months for human-rights violations in Tibet, Xinjiang and Tiananmen Square on the 30th anniversary of its deadly crackdown.

Apparently Xi didn’t ask for this fight. Lam has insisted it was all her idea, even though mainland officials supported it. Either way, it appeared to backfire spectacularly on Beijing: It showed just how many people in the financial hub wanted to keep the autonomy guaranteed for 50 years after the handover from British to Chinese rule in 1997. UK Foreign Secretary Jeremy Hunt on Saturday praised “the brave citizens who have stood up for their human rights.”

“It’s amazing to see,” said Jean-Pierre Cabestan, who teaches U.S.-China relations at Hong Kong Baptist University. “Trust in the Chinese government has gone down instead of increasing.”

After protests turned violent on Wednesday, with dozens injured by tear gas, rubber bullets and batons, Lam had few good options. Her move Saturday to back down on the bill proved better than risking even greater violence to push forward a measure that clearly had very little popular support.

“We will adopt the most sincere and humble attitude to accept criticisms and make improvements so that we can continue to protect the people of Hong Kong,” Lam told reporters Saturday.

In many ways, the episode is similar to Hong Kong’s resistance in 2003 to a sweeping national security law that would’ve given Beijing even more powers than the extradition measure. Lam was aware of the controversy when she took office, and vowed ahead of her appointment in 2017 “to be very careful in sort of taking on an issue which has a very strong potential of splitting the society again.”

Yet China has further tightened its grip over the city since she took office. Authorities have banned a party advocating Hong Kong’s independence and barred some pro-democracy lawmakers. A draft law now under consideration would criminalize disrespect of the Chinese national anthem.

https://phamfamilymagazine.wixsite.com/vietnam/blogVietnam Hot News.Vietnam News, articles on economy, investment, Bond, Stock..Plan financial for investor and hot news related your investment lead to ...

13 views0 comments

Comments


bottom of page