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Hong Kong Protests a Hint of the Future of China

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Hong Kong Protests a Hint of the Future of China

http://www.profitableinvestingtips.com/investing-tips/hong-kong-protests-a-hint-of-the-future-of-china

Stocks are tumbling as pro-democracy protests grow in Hong Kong. According to USA Today Hong Kong protests are driving US stocks down, not to mention the Hong Kong market.

Pro-democracy protests in Hong Kong is spooking Wall Street in early trading Monday, as U.S. stocks continued their recent run of volatility, with the Dow tumbling more than 100 points in early trading, tracking the nearly 2% drop overnight in Hong Kong amid concerns over China’s move to limit reforms in the Asian financial hub.

The immediate cause of the protests started by students in Hong Kong was the news that the mainland Chinese Communist government would pick the candidates for the Hong Kong 2017 election. Residents of Hong Kong see this decision as the mainland Communist leaders reneging on an agreement to grant the Hong Kong autonomous region full democratic elections of its leaders. As the police moved in to use tear gas, more protesters showed up. This is more than a one day story. The Hong Kong protests are a hint of the future of China.

Red China and Broken Promises

When Great Britain handed over one of its last Colonies, Hong Kong, the Brits and China had an agreement regarding a one country and two systems solution. China reneging on this written promise has resulted in unprecedented protests and a police crackdown according to Vox.

This began in 1997, when the United Kingdom handed over Hong Kong, one of its last imperial possessions, to the Chinese government. Hong Kong had spent over 150 years under British rule; it had become a fabulously wealthy center of commerce and had enjoyed, while not full democracy, far more freedom and democracy than the rest of China. So, as part of the handover, the Chinese government in Beijing promised to let Hong Kong keep its special rights and its autonomy – a deal known as “one country, two systems.”

A big part of that deal was China’s promise that, in 2017, Hong Kong’s citizens would be allowed to democratically elect their top leader for the first time ever. That leader, known as the Hong Kong chief executive, is currently appointed by a pro-Beijing committee. In 2007, the Chinese government reaffirmed its promise to give Hong Kong this right in 2017, which in Hong Kong is referred to as universal suffrage — a sign of how much value people assign to it.

In 150 years of British colonial rule there was no democracy in Hong Kong but freedoms were much more significant than on the mainland then or now. The point we want to make is that the Kong protests are a hint of the future of China.

How about Taiwan?

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Hong Kong Protests a Hint of the Future of China

  1. 1. Hong Kong Protests a Hint of the Future of China
  2. 2. Stocks are tumbling as pro-democracy protests grow in Hong Kong. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  3. 3. According to USA Today Hong Kong protests are driving US stocks down, not to mention the Hong Kong market. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  4. 4. Before We Continue… Click the links below to get your FREE training materials. Free Weekly Investing Webinars Don’t miss these free training events! http://www.profitableinvestingtips.com/free-webinar Forex Conspiracy Report Read every word of this report! http://www.forexconspiracyreport.com Get 12 Free Japanese Candlestick Videos Includes training for all 12 major candlestick signals. http://www.candlestickforums.com
  5. 5. Pro-democracy protests in Hong Kong is spooking Wall Street in early trading Monday, as U.S. stocks continued their recent run of volatility, with the Dow tumbling more than 100 points in early trading, http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  6. 6. tracking the nearly 2% drop overnight in Hong Kong amid concerns over China's move to limit reforms in the Asian financial hub. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  7. 7. The immediate cause of the protests started by students in Hong Kong was the news that the mainland Chinese Communist government would pick the candidates for the Hong Kong 2017 election. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  8. 8. Residents of Hong Kong see this decision as the mainland Communist leaders reneging on an agreement to grant the Hong Kong autonomous region full democratic elections of its leaders. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  9. 9. As the police moved in to use tear gas, more protesters showed up. This is more than a one day story. The Hong Kong protests are a hint of the future of China. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  10. 10. Red China and Broken Promises http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  11. 11. When Great Britain handed over one of its last Colonies, Hong Kong, the Brits and China had an agreement regarding a one country and two systems solution. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  12. 12. China reneging on this written promise has resulted in unprecedented protests and a police crackdown according to Vox. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  13. 13. This began in 1997, when the United Kingdom handed over Hong Kong, one of its last imperial possessions, to the Chinese government. Hong Kong had spent over 150 years under British rule; http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  14. 14. it had become a fabulously wealthy center of commerce and had enjoyed, while not full democracy, far more freedom and democracy than the rest of China. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  15. 15. So, as part of the handover, the Chinese government in Beijing promised to let Hong Kong keep its special rights and its autonomy - a deal known as "one country, two systems." http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  16. 16. A big part of that deal was China's promise that, in 2017, Hong Kong's citizens would be allowed to democratically elect their top leader for the first time ever. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  17. 17. That leader, known as the Hong Kong chief executive, is currently appointed by a pro-Beijing committee. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  18. 18. In 2007, the Chinese government reaffirmed its promise to give Hong Kong this right in 2017, which in Hong Kong is referred to as universal suffrage - a sign of how much value people assign to it. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  19. 19. In 150 years of British colonial rule there was no democracy in Hong Kong but freedoms were much more significant than on the mainland then or now. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  20. 20. The point we want to make is that the Kong protests are a hint of the future of China. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  21. 21. How about Taiwan? http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  22. 22. The Communist Chinese government wants to brink all of the ethnic Chinese communities in the region under its control. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  23. 23. The next in their sights is Taiwan. Talks are ongoing that would put Taiwan under the mainland governance but with autonomy similar to that of Hong Kong. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  24. 24. . If the Hong Kong protests are a hint of the future of China, Taiwan would do well to remain politically separate from the mainland. It fact it appears that Taiwan’s president backs the demonstrators in Hong Kong. According to the Straits Times, http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  25. 25. Taiwan's president threw his weight behind Hong Kong's democracy protesters on Monday, saying he was "very concerned" by events in the city and urging China to proceed with "peaceful and cautious measures". http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  26. 26. China is very attractive to many investors. It has cheap labor and a growing market. The main short term problem in dealing in or with China is its lack of transparency. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  27. 27. The long term issue with China is that it wants the benefits of free and open trading with the rest of the world but not with the requirements of being free and open itself. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  28. 28. The rulers of China have not brought out the tanks, like they did in Tiananmen Square, yet. But the leadership of China only sees things through their own eyes. In order to control its population the leadership will need to seek harsher and harsher measures. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  29. 29. Or it will have to let a true democracy develop? http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  30. 30. Those interested in investing in China will do well to hold cash for the time being and see how the protest works out in Hong Kong. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china
  31. 31. http://www.profitableinvestingtips.com/investing-tips/ hong-kong-protests-a-hint-of-the-future-of-china

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