#China's state news agency Xinhua warns "the end is coming" for the Hong Kong protesters. Undoubtedly it is. #Beijing cannot tolerate open insurrection--that is rarely a luxury authoritarian governments have. Sooner or later, the crackdown MUST happen. The question is when and how violent will the crackdown be? Another question is whether it will do any good to crack down. Hong Kong is pursuing freedom having once tasted it. All current indicators suggest the people of Hong Kong are determined to retain and even expand their freedoms. The crackdown is coming. It might not do any good, but it is coming. https://asia.nikkei.com/Spotlight/Hong-Kong-protests/Xinhua-warns-end-is-coming-for-Hong-Kong-protesters #news #HongKong #protests
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#China's manufacturing sector is continuing to contract, a casualty of the #trade dispute with the US. This while US manufacturing expanded. How long before this pushes the whole Chinese #economy into recession (assuming it's not already there)? How long can China shed #jobs before the social unrest in Hong Kong starts to spread? In a game of chicken someone eventually has to blink. Who will it be? https://www.bloomberg.com/news/articles/2019-09-01/china-s-manufacturing-sector-keeps-getting-whacked-by-trump?srnd=economics-vp #news
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Carrie Lam attempts to take responsibility for the situation in Hong Kong. She claims she would step down as Chief Executive "if she could". But why can't she? Certainly the people in Hong Kong are not standing in her way. Or is it that #Beijing has no credible alternative to put in her place? One interesting item in her comments: she deftly raised the matter to one of national "security and sovereignty", putting the burden for finding a solution on Beijing. Beijing had previously rejected her compromise proposals. Whether accepting her proposals now would suffice is problematic. Still, Lam's "inability" to step down puts even more pressure on Beijing to find a peaceful resolution. Ironic that Carrie Lam, whose extradition bill started these #protests, may now be #China's best hope for a peaceful outcome. https://mobile.reuters.com/article/amp/idUSKCN1VN1DU #news #HongKong
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More from avoiceofliberty

#China's manufacturing sector is continuing to contract, a casualty of the #trade dispute with the US. This while US manufacturing expanded. How long before this pushes the whole Chinese #economy into recession (assuming it's not already there)? How long can China shed #jobs before the social unrest in Hong Kong starts to spread? In a game of chicken someone eventually has to blink. Who will it be? https://www.bloomberg.com/news/articles/2019-09-01/china-s-manufacturing-sector-keeps-getting-whacked-by-trump?srnd=economics-vp #news
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