Law and order in Hong Kong have come under attack after a dramatic turn of events this week, as masked men in white attacked protesters, says ...
BEIJING: Hong Kong is struggling under the weight of persistent political turmoil, as street protests have become the new normal for the city.
Questions whether Hong Kong authorities can deal with the situation remain. Some observers have asked whether Chief Executive Carrie Lam might call for back-up from Beijing.
China understands that the world is watching developments in Hong Kong closely. While many observers understand that China has a vested interest in stabilising the situation in Hong Kong, more would agree PLA involvement will be condemned immediately.he does not rule out sanctions on China should it breach commitments over rights in Hong Kong stipulated in the handover agreement.
There have been more anecdotal accounts of capital flight as private investors move their assets out of Hong Kong, though the situation has not passed a tipping point where businesses relocate functions to other markets. Shanghai and Shenzhen’s growth as key stock exchanges and significant centres of financial activity can buffer China against these short-term uncertainties, and provide a longer-term hedge against Hong Kong’s wane.
All sides seem to have dug in their heels. But protesters have to come to terms with the consequences of their actions.
Singapore Latest News, Singapore Headlines
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