Commentary: Dragging down China with Turmoil in Hong Kong is an Illusion

Commentary: Dragging down China with Turmoil in Hong Kong is an Illusion

Despite Beijing’s strong and repeated opposition, the US Senate last Tuesday passed the so-called Hong Kong Human Rights and Democracy Act of 2019.

By passing the bill, the Senate has not only shown indifference to the chaotic situation on the ground and the need to end violence and restore order, but also tried to embolden the rioters in Hong Kong in order to serve their own political interests.

Anti-China politicians in Washington continue to collude with extremists in Hong Kong and grossly meddle in China’s internal affairs. They are intentionally causing turmoil in the international financial hub in a bid to slow China’s development. But history clearly shows that such attempts will fall flat.

Some US officials’ ineffective campaign against the Belt and Road Initiative (BRI) is 1 example. Despite they describing the China-proposed initiative as “predatory economics,” it still enjoys growing global recognition.

The reason is simple: the BRI has brought real benefits to all its participating partners.

And in the case of Hong Kong, China-hardliners in Washington will ultimately fail.

One major reason is that their plot goes against the aspirations and vital interests of the majority of Hong Kong residents. Their interference in Hong Kong has resulted in growing condemnation by the international community.

These sanctimonious opportunists appear to worry about the future of Hong Kong. Do not be fooled. They merely care about the future of their own political careers. Their poor and clumsy tactics won’t fool sober minds worldwide.

The Chinese government has made it clear that it will take resolute countermeasures in response to US intervention in Hong Kong and safeguard its own sovereignty, security and development rights. Such determination can in no way be underestimated.

For those who have long hold the illusion of containing and making trouble for China, it is time to return to reality.

President Donald Trump is suggesting he may veto legislation aimed at supporting pro-democracy protesters in Hong Kong in order to reach a trade agreement with China.

When asked what he is going to do, he replied, “We have to stand with Hong Kong, but I’m also standing with President Xi.

President Trump has 10 days to sign the pro-democracy legislation into law or veto it. It will become law automatically if he does not do anything.

By Guo Yage

Paul Ebeling, Editor

Have a terrific weekend.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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