Commentary None of the latest data released from China were good. Inflation was higher than expected while all other quantity growth rates were lower than expected or declining, arousing the worry of stagflation. Stagflation is by definition a higher price (growth) with a lower quantity (growth), and is highly likely a result of a leftward…
China Is Weaker in Demand Than Supply
May 19, 2022
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AnalysisBusiness & EconomyBusiness ColumnistsChinachina stagflationemerging marketsFederal ReserveHK BusinessHong KongOpinion
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Political Pressure Mounts, Hong Kong Teacher Losses Hits 5-Year High
May 19, 2022
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Asia & PacificChinaHK Current AffairsHong Konghong kong democracyHong Kong ExodusHong Kong National Security LawWorld
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The latest figures provided by the Hong Kong Education Bureau show that the number of teachers lost in Hong Kong has increased significantly in the new academic year, hitting a five-year high. Teachers say they now are forced to “educate” their students according to the Chinese Communist Party’s (CCP) so-called National Security Law, which include…
Hong Kong Chinese Stocks Facing the Pressure of Foreign Investors’ Withdrawal: Expert
Analysts at UBS Securities recently said that it is difficult for funds to flow into the Chinese stock market due to factors such as the U.S. Federal Reserve’s interest rate hikes and Beijing’s “zero-COVID” policy. Moreover, A-shares and Chinese stocks listed in Hong Kong are under pressure due to foreign capital withdrawal. Meng Lei, a…
Hong Kong Raises Interest Rate, its USD-Pegged System May Detonate Asset Bubble
The Hong Kong Monetary Authority (HKMA) recently announced an interest rate hike after the region’s foreign exchange reserves hit a two-year low. Stabilization of the HKD exchange rate would eat into many foreign exchange reserves, and create a pressing threat to the assets bubble, experts warned. HKMA’s move comes the day after the Federal Reserve…
Hong Kong Youth’s Upward Social Mobility
John Lee, the sole candidate in Hong Kong’s chief executive election subsequently elected on May 8, recently released his political platform. In it, he mentioned the career development of junior high students suffering from crowded housing conditions, and indicated that he would offer assistance. In recent years, young people in the territory have been handicapped…
UFOs: Ufology With Chinese Characteristics
Commentary While UFO sightings are mainly reported in the United States, it is in fact a worldwide phenomenon. The best photograph of a UFO ever taken is not from the United States, but Costa Rica. It was taken in 1971. Investigative reporter Leslie Kean said the photo “may be the most extraordinary one ever released…
Hong Kong’s Chief Executive Election Was Political Show; Universal Suffrage Is Null and Void
The outcome of the May 8 Hong Kong chief executive election came as no surprise. Lee Ka-chiu, the only candidate chosen by the Chinese Communist Party (CCP), was declared the winner after a staged performance under the ‘One Country, Two Systems’ constitution. Of the 1,461 eligible voters, 1,428 cast their ballots in the May 7…
Former Legislator Opens Law Firm in New York, Calls on Hong Kong Expats to Continue Hong Kong Spirit
Dennis Kwok Wing-hang, a former member of the Hong Kong Legislative Council who left Hong Kong in early 2021, recently posted on social media that he had started a law firm in New York. He encouraged expatriate Hong Kongers to continue the spirit of Hong Kong people. According to some scholars, it’s estimated that after…
Hong Kong to Implement Passenger Screening System, Concerns Are CCP Will Obtain the Data
May 12, 2022
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ChinaHK Current AffairsHong KongHong Kong Democracy MovementHong Kong National Security Lawpersonal data
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The Hong Kong Legislative Council recently held a meeting to discuss implementation of the Advance Notification of Passenger Information system, planned to be operating in the third quarter of 2024. The system will conduct risk assessments, screen people arriving in Hong Kong, and consider national security and other factors. The news caused social controversy. Some…
UK Urged to Shun Trade Talks With China After 90-Year-Old Hong Kong Cardinal Arrested
May 12, 2022
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Cardinal Joseph Zencarrie lamChinaChina Human RightsChinese RegimeDenise HoHK Current AffairsHK ProtestsHong KongIain Duncan SmithJohn LeeMargaret Ngnational security lawUKWorld
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The British government has been urged to sanction Hong Kong and Beijing officials and shun trade talks with the Chinese regime, after Hong Kong authorities arrested five pro-democracy figures including 90-year-old Cardinal Joseph Zen. Hong Kong police arrested Zen, who was the former head of the Catholic Church in Hong Kong, as well as singer…
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