I hate to say it, Mr. Wang, that HK was under a very different ruling regime back then and that China is a vastly different China now. Old tricks that worked well back in the early eighties are unlikely achieve what you’re hoping for.
Thanks Ronald for your comments. What you said is valid but the fact remains that China is very keen to broaden its appeal to foreign investors -- the latest moves including granting visa-free treatment to people from a number of western countries and allowing non Chinese permanent residents in Hong Kong and Macao to travel to the mainland more conveniently. But if Beijing fails to reignite the interest of overseas Chinese, it is unlikely to do better with foreigners.
Exactly, China just needs to decide it’s no longer interested in invading Taiwan, leave them alone to get on with their lives, comply with international law, let their own people have freedoms and open back up to the world. They haven’t done that and probably won’t, so you’re just giving China some ideas to trick the international community into helping them rise economically in the meantime, but the risk of China starting WW3 is still there for investors and only China can back off from that threat.
If China were to pledge not to invade Taiwan, stop bullying tactics with it's neighbors, adhere to UN findings for the South China Sea, release political prisoners who simply want a semi-democratic HK as promised, then perhaps there would be more interest in investing in China (and HK). Otherwise, investors simply look at China as the next Russia.
I got a sense that the recent olive branches are more opportunistic than really a change of heart and mind, as evidenced by the clearly inconsistent messaging and incongruent actions in various fronts. We’ll see but I don’t have any high hopes for the upcoming Plenum later this month.
I hate to say it, Mr. Wang, that HK was under a very different ruling regime back then and that China is a vastly different China now. Old tricks that worked well back in the early eighties are unlikely achieve what you’re hoping for.
You’re also in a sense comparing apples and oranges when talking about the leaders of the Chinese autocracy, now and then!
Thanks Ronald for your comments. What you said is valid but the fact remains that China is very keen to broaden its appeal to foreign investors -- the latest moves including granting visa-free treatment to people from a number of western countries and allowing non Chinese permanent residents in Hong Kong and Macao to travel to the mainland more conveniently. But if Beijing fails to reignite the interest of overseas Chinese, it is unlikely to do better with foreigners.
Exactly, China just needs to decide it’s no longer interested in invading Taiwan, leave them alone to get on with their lives, comply with international law, let their own people have freedoms and open back up to the world. They haven’t done that and probably won’t, so you’re just giving China some ideas to trick the international community into helping them rise economically in the meantime, but the risk of China starting WW3 is still there for investors and only China can back off from that threat.
If China were to pledge not to invade Taiwan, stop bullying tactics with it's neighbors, adhere to UN findings for the South China Sea, release political prisoners who simply want a semi-democratic HK as promised, then perhaps there would be more interest in investing in China (and HK). Otherwise, investors simply look at China as the next Russia.
I guess those investors should do more research then
What UN findings for the South China Sea?
I got a sense that the recent olive branches are more opportunistic than really a change of heart and mind, as evidenced by the clearly inconsistent messaging and incongruent actions in various fronts. We’ll see but I don’t have any high hopes for the upcoming Plenum later this month.