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The Forum > General Discussion > Should We Worry About China?

Should We Worry About China?

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This morning the news from overnight stock trading in America is grim
And what if it continues into tomorrow
Even for a week
Trumps dance with China, on again then off threats to put anti free trade tariffs in place
Yes we should be afraid of China
A trade war can do much damage
Too in this morning's press military machines hidden in a sports stadium , ready for that move in to Hong Kong I fear may be near
Posted by Belly, Thursday, 15 August 2019 6:56:19 AM
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To a large extent I agree with Foxy I have no doubt that if China thought that storming Hong Kong was in its interests it would not hesitate.

What is saving Hong Kong at the moment is:
- Hong Kong's well respected banking system which is considered a safe medium for foreigners to invest in China (chinese banks have little to no transparency).
- While HK used to have 20% of China's GDP, it now has only 3%, but the loss of HK will probably push china into a recession.
- China has been pushing the perception that it is capable of running one China with two systems as an effort to bring Taiwan back into the fold. If this collapses, Taiwan can only be reunited by force.
Posted by Shadow Minister, Thursday, 15 August 2019 8:45:19 AM
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Dear Shadow Minister,

The thing that is stopping China from storming Hong Kong is the inevitable international backlash that would affect the flow of trade between China and the West resulting in a massive downturn in the Chinese economy that could just topple the Communist Party from power.
Posted by Mr Opinion, Thursday, 15 August 2019 8:51:42 AM
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Mr Morrison has stated regarding the protestors in
Hong Kong:

"My view is to seek to de-escalate things, to encourage
the Chief Executive of Hong Kong to be listening
carefully to what people are saying in Hong Kong and
work toward a peaceful and calm resolution of what is
a very, very, serious issue."

Asked whether the protestors were showing signs of
terrorism. Mr Morrison said:

"That is not the rhetoric that I would certainly use to
describe those events."

Chinese State Council of Hong Kong and Macau Affairs
Office claimed that the protests had begun to show
signs of "terrorism."

We'll have to wait and see what happens next.
Posted by Foxy, Thursday, 15 August 2019 11:06:31 AM
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Here is a link on our Prime Minister's stance
regarding the Hong Kong protests taken from the
Australian Financial Review:

http://afr.com/politics/federal/hong-kong-protests-not-terrorism-pm-20190813-p52gjm
Posted by Foxy, Thursday, 15 August 2019 11:44:19 AM
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Just saw a satellite picture in the News about security forces building up near Hong Kong.
I can't blame the Chinese Govt getting pretty browned-off for others meddling in such a manner in their affairs.
Posted by individual, Thursday, 15 August 2019 12:50:16 PM
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