HONG KONG: China warned on Thursday (Aug 15) that it will not 'sit by and watch' the unrest unfolding in Hong Kong, as US President Donald Trump ...
The weeks-long Hong Kong protests were sparked by opposition to a plan to allow extraditions to the mainland, but have since morphed into a wider - sometimes violent - call for democratic rights.
Analysts have said the potentially catastrophic economic and political consequences will deter Beijing from any overt boots-on-the ground intervention in the global financial hub. The previous day, Trump linked a possible trade deal with Beijing to a peaceful resolution to the political unrest that has roiled the semi-autonomous Chinese city for 10 weeks.
On Tuesday, chaos erupted at one of the world's busiest transport hubs when protesters physically stopped travellers from boarding flights, battled riot police and assaulted two men they accused of being Chinese infiltrators.Beijing - which has refused to grant any concessions to the protest movement - has seized on the airport violence, with state-media churning out a deluge of condemnatory articles, pictures and videos.
The economy, already battered by the trade war, has also been affected. The city's financial chief Paul Chan on Thursday predicted a meager zero to one percent growth for the year.He has come under fire from both sides of the political aisle for shying away from the issue, avoiding criticising Beijing even as he cited US intelligence reports of Chinese forces moving to the territory's border.
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