Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Snowshoe	1/31/2010 8:53:05 PM
	Read Replies (1) of 74559

China tightens its grip on Hong Kong... As Hong Kong’s Political System Stalls, So Does Its Democracy Movement nytimes.com Under the terms of its transfer to Beijing’s rule, Hong Kong retains broad civil liberties but also a political system that gives much greater weight to the votes of the economic and social elite. Analysts say there is limited opportunity for youths to vent their unhappiness with dwindling social mobility, high unemployment, sharply rising university tuition and an urban planning process dominated by real estate developers. Young people have borne the brunt of competition from low-salaried employees in mainland China. They face rising competition for jobs in Hong Kong itself as banks and other high-paying employers increasingly hire mainland college graduates with family connections in Beijing. Hong Kong's cyber-dissenters get real atimes.com ... their mounting activism has tapped a general dissatisfaction with a Hong Kong government that, increasingly out of touch with the people, appears to have been reduced to a mere puppet whose masters in Beijing pull the strings. Although the teens and 20-somethings who make up the post-1980 generation may lack leadership and a clear stand on the way forward for Hong Kong, their frustration with a post-colonial order that simply doesn't work for them has captured popular imagination and clearly shaken the authorities in Beijing, who are busy building a firewall against an army of cyber-dissidents on the mainland.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next