I’m unsure of the impact. I think that while Hong Kong is China’s main connection to US trade, Hong Kong is now only 3% of the GDP of China and China seems increasingly willing to forgo trade with the US and this act may just further push China away from trade. I could see the sign of implementing this going either way and think we’d have to do more analysis first.
I think there’s something to be said for solidarity & acting according to one’s principles. Not really sure how to weight that consideration alongside tactical / political considerations like what you’re pointing to. (My instinct is to weight solidarity & acting from principles heavily.)
I’m unsure of the impact. I think that while Hong Kong is China’s main connection to US trade, Hong Kong is now only 3% of the GDP of China and China seems increasingly willing to forgo trade with the US and this act may just further push China away from trade. I could see the sign of implementing this going either way and think we’d have to do more analysis first.
+1 to more analysis here being good.
I think there’s something to be said for solidarity & acting according to one’s principles. Not really sure how to weight that consideration alongside tactical / political considerations like what you’re pointing to. (My instinct is to weight solidarity & acting from principles heavily.)