SI
SI
discoversearch

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 : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (22060)8/10/2019 2:18:13 AM
From: elmatador1 Recommendation

Recommended By
sixty2nds

  Respond to of 33421
 
Hong Kong’s protests: no end in sight, and little hope

Harsh policing and official intransigence are only inflaming the unrest spreading through the city


Wed 7 Aug 2019 18.40 BST Last modified on Thu 8 Aug 2019 11.02 BST

Beijing and Hong Kong’s protesters can agree on this much about the unrest now in its ninth week: the turmoil is growing and violence is intensifying. The region is facing its most serious crisis for decades. In the first eight weeks, police fired 160 rubber bullets and 1,000 rounds of teargas.

On Monday, they came close to matching those figures in a single day. Meanwhile Beijing issues barely veiled threats, such as the mass drill of 12,000 riot police in Shenzhen, just across the border, or explicit ones: “Those who play with fire will perish by it.”
Hong Kong’s fabric is unravelling. Thirteen of the city’s 18 districts have seen protests. The youngest of those arrested is 13, the oldest 76.

Thousands of civil servants, finance workers and lawyers have rallied. On Monday, Hong Kong’s first general strike in half a century brought out teachers and construction workers alike, halted metro lines and cancelled hundreds of flights. Many who were largely apathetic about the original issues are furious at the behaviour of politicians and police, but views are polarising: others are angered by or fearful of the disruption.

A small but growing number in this leaderless movement has turned to force, mostly against property, but also against police. Others are dismayed by those tactics, and fear the reaction to direct if symbolic attacks on Beijing’s authority, but are outraged by the double standards. A student union leader has been arrested for possession of “offensive weapons” – laser pointers – and others have been charged with rioting, carrying a jail sentence of up to 10 years. In contrast, the men arrested after a gang rampaged through a metro station assaulting suspected protesters with metal and bamboo rods – while police were mysteriously absent – face the much lighter charge of unlawful assembly.

Though demands have proliferated, many of those taking part would probably think again if the government formally withdrew the extradition bill which ignited this movement, rather than simply repeating that it is dead, and launched an independent inquiry into the unrest and its policing, as even pro-establishment lawmakers have requested. But officials ruled that out on Wednesday. Protesters are moved more by despair than hope. Some even say they are sticking it out because they could be arrested later: they see it as now or never.


A deployment of the People’s Liberation Army remains a last resort for Beijing. Officials in Hong Kong and Beijing probably hope the return of schools and universities in September, as well as the sheer exhaustion of non-stop activism, will take the steam out of the movement before the Communist party celebrates the 70th anniversary of its taking power in China on 1 October.

But they also seem to be relying on harsher policing on the streets and a more punitive pursuit of protesters through the justice system. Everything to date suggests this will pour fuel on the fire. How much more can Hong Kong take?



To: robert b furman who wrote (22060)8/21/2019 6:58:52 AM
From: elmatador4 Recommendations

Recommended By
kimberley
marcos
sixty2nds
toccodolce

  Read Replies (1) | Respond to of 33421
 
No kow tow!
Cathay CEO Refused to Name Hong Kong Protesters to Chinese Government, Named Himself Instead and Resigned

The CEO of the international airline Cathay Pacific resigned last Friday. His decision was the result of refusing to name names to the Chinese government when he was asked to provide a list of employees who were involved in the Hong Kong protests.

China's Civil Aviation Administration ordered Cathay on August 9 to provide a list of employees who were involved in a recent protest. He was also ordered to suspend the employees. Hogg provided the list—but it only included one name: Hogg's.

newsweek.com

There are men with real balls!