How Hong Kong Has Changed 27 Years Since Handover
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- čas přidán 29. 06. 2024
- Hong Kong marks 27 years since its return to Chinese sovereignty with national security laws firmly in place. Former Hong Kong lawmaker Emily Lau says the city come "under control" since protests in 2019 and it's time for Beijing to adopt a "more relaxed policy" for businesses to thrive. Meanwhile, Hong Kong General Chamber of Commerce CEO Patrick Yeung argues that the city remains a successful international chub connecting the mainland and the world. They speak with David Ingles and Stephen Engle on "Bloomberg: The China Show."
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HK was very important for the western nations to trade, drug and exploit China in the 19th century. This was when the west dominated the world productions. The British and French were willing to sacrifice their sons to fight the Chinese and won in order to secure more ground to trade, drug and exploit the Chinese. It made sense to colonise HK when one was powerful militarily and in manufacturing.
Today, manufacturing power has shifted from the west to China. The west do not see any more incentives to remain in HK. Western companies can't compete with the Chinese giants anymore and many will leave sooner or later. Over the next few decades, Chinese companies will overwhelm the world and western companies may not be able to survived longer in HK. They will leave eventually.
I think HK should position closer to ASEAN whilst keeping close connections with mainland China.
Yes, the rest of the world needs sweat shop products from chyna, and kept their minimum wages at nine yuan per hour.
😂😂😂
@@leealex24for what? Hk isn't a manufacturing hub, all the exports from hk are coming from chyna, while the container terminals in chyna are expanding, the number of ships arriving hk has been halved.
Unfortunately, the position of Asian financial hub was replaced by Singapore.
ssdd
The success of MAO ERA under the socialism with Chinese characteristics had driven out all evil foreign powers encroached inside China & laid the foundation for future generations who brought China rising, strong & prosperity.
China is good learner , industrious , intelligence & self-reliance in all field of innovations , technologies , and all product in quality & quantity.
WSJ has announced that it will move to Sg from HK. When will Bloomberg be doing the same?
NED moving to Sg. Good luck, Sg...
@@user-qd8yg1fp7i NED mainly moved to Taiwan. They will very quickly go to jail if they try Singapore.
@@chenghonggoh4746 NED will spread western human rights, democracy and freedom in Singapore😂
Emily Lau should move to US, she will feel all the love from westerners 😂😂
@@AlphaCookies she will be a marginalised second class citizen in the US.
Hongkong is not for Emily Lau. Go, go to the West. Hongkongers are happy.
恭喜你，樓平左，你可以買。
@@liewkinglim she won't as she know her usefulness to the UK is in HK. Once her usefulness is gone, the UK will discard her...look at Nathan Law
After all there years you guys don't even learn. HK is done no one can change it. Take it or leave it.
what does done even mean?
@@nukiolbartes6279 Now that is a real question! Whenever people say "HK is done/over" it's propaganda, promoted from the U.S. wallet. But as Noam Chomsky explains, "Good propaganda doesn't mean anything." As it is fundamentally meaningless, there is nothing to argue with. It's all about emotions and impressions.
More like just western propaganda. Take it or leave it
@@sc225 somehow i feel like these discussions are two sides of same coins..
on one side people who use communication as tools to shape reality based on what they already believe..
The other side people who use communication to inform themself or others about reality to shape their or peoples belief..
@@nukiolbartes6279 it means finished, in hk language 玩lun 完
This debate shows that the world should be run by professionals in all fields, except ideologues.
what i seen is the lady keep talking none sense and no evidence to support her points
Now is NEW HK, Fully Mainlandized💯
Congratulations!! 😊
Yes, now is a new HK, but HKSAR has 23 more years left to be fully integrated with the Motherland's GBA for HKSAR survival
As a HK resident I can attest that those jailed activists are not as innocent as Emily described
+10000. “Peaceful” protesters burning stores, ambushing cops, assaulting their critics in broad daylight and commandeering college campuses to make weapons. And a massive social media campaign to threaten and intimidate people who criticise them
Even I have received threats and attempted stalking from them too, and I’m working abroad.
As a HK Chinese, I disagree
David Lai 恭喜你
@@Hkchinese888 At least get a normal name.
@@SpyFromMarsZeus
At least leave constructive comments
The 300k people left hong kong are the backbone ? What is wrong with her?
If the 300k people are really the backbone, we shoud see HK's economy collapse. But the reality is on the contray. So we got a good result with those 300k "backbone" people enjoying freedom of washing dishes in UK and a thriving economy in HK. win-win
@@jayliu645 恭喜你
Bloomberg,WSJ, NYTimes and a lot more are what we call western media! Most of us glance through them on our spare time to get a laugh!
@@milespansher4966you left sleeping on the streets and can't afford rent committed suicide. Always see HK blue collars stacking shelves in supermarkets.
@@jayliu645 they are mostly people who could not make a living in HK and hoping to seek new opportunity elsewhere
A lot of Hongkongers who moved abroad are now complaining about everything from cost of living to lack of opportunities in UK Canada etc. Some spoiled entitled people just like to blame others (governments being the easiest targets) so they don’t have to take responsibilities for their own actions.
our families and friends are glad these "yellow" trouble makers left hk
This was not the 1st time. Lots of HKers ran off to Canada and other Anglospher nations from 1984 to early 1990s, only to quietly return during and after the handover. 😊😊
Ex Cathedra ... THANK YOU and BLESSINGS, especially to Emily, having the courage to speak, exactly, the absurdity of President Xi’s senior officials strange mentality ... THANK YOU AGAIN.
Where was Emily Lau when British ruled HK? Was she free? Did she get a chance to vote? HK people were second class. What has Britain done for HK all these years?
China could have crushed HK and now she is biting the hands that feed her.
At that time the first class mainlander starved and fleed to HK, want to be the second class, Why?
When HK was under British rule, Hongkies can say the Queen is a arsehole and nothing happens. Can Hongkies now say Xi Jinping is so cute looks like Winnie the Pooh?
@@smithjerry470 Are you a dummy? Mainland China was very poor 30 years ago, but after China's reform and opening up in 1978, Hong Kong became China's only foreign trade window and developed rapidly. Of course, many mainlanders went to live in Hong Kong, but at that time Hong Kong people under British control were only second-class citizens. Hong Kong people did not have the right to vote. Hong Kong people's demonstrations would be violently suppressed by the British. Thirty years ago, Hong Kong's top leaders were all British, not Hong Kongers. Now, Hong Kong people have gained voting rights and freedoms after returning to China. All senior positions in Hong Kong are held by Hong Kongers. Mainland China has now become the world's largest economy. According to IMF data and real GDP, China has surpassed the United States.
@@smithjerry470 that was 50 years ago mate. Now HKers gotta go to the mainland if they want to work in science and tech.
Emily just wants to live as a slave for her white master
Hong Kong is doing a lot better since its return to China in 1997.
This woman certainly seems agitated without putting any facts, data to prove her point. Useless Karen
She is suffering from inferiority complex…
EMILY LAU, as far as local Hongkongese, is concerned, is NOT a symbol who supports local prosperity or security. She has a simple mind. repeatedly threatened HongKong Govt's administration's policies in suppressionof foreign countries' criticism and society enrest .
成事不足，败事有馀。
Pro tip: Anytime you say someone has a simple mind, make sure to use above-kindergarten-level grammar and punctuation.
Wumaos are hilarious.
When the economic cycle turns, and the money is to be made in China/HK, then the people will return naturally.
Everything is a cycle.
Nobody named "Alan Smith" would write in this non-colloquial English.
Wumaos are hilarious.
I found this debat is pointless and the argument of that is hk still a free place to do business is meaningless! Even a blind can see HK has changed to a totalitarian lawless state, and its freedom of speech and openness of the people is batantly trashed by the mainland. Truth speaks louder than words.
The biggest change: Hong kong people no long able to look down to the mainlanders.
Taiwan numba 1
If politicians in Hong Kong did not take care of matters (like in 2019) properly, you can't blame the central government to step in. Get your acts together, rather than blaming others. A bunch of very spoiled un-grown-ups! Radicals get in trouble with any system!
Good comments, I think as an adult you are expected to take ownership of your own actions, including the consequences. In this case these small groups of HK people really did spoil the soup for the rest of those who were just trying to live their everyday life.
But isn't the politician who stirred up the problem to incited the protest? And I think the issues wasn't an overnight occurrence, it has been accumulate over the years just waiting to be exploded
@@lulus1030 they were unprepared while the sea eye A conducted the drills!
@@lulus1030 NED spent millions in HK since 1997. You can check this at their website. Why did NED fund trade unions in HK? Are unions in USA allowed to receive funding from China?
Stired How? They just brought the extradiction bill and national security law. And what is wrong with that? Almost every country/region has these kind of laws. HK and USA both signed the extradiction bill already.
Why has Bloomberg not moved its (regional) headquarters to Singapore already? 🤔
Good question! lol wonder why?!
HK is still good and will still grow.
WSJ has announced that it will move to Sg from HK. When will Bloomberg be doing the same?
@@chenghonggoh4746Just a matter of time. HK diminishes every year.
They haven't found an office in SG which they can afford lol
Blimey, this Emily is still stuck in the past. Move on, times have changed.
It lasted 25 years!
Ms. Lau is like Chuck Norris
Even Chinese don't travel to HK. Now HK is just a city of China with expensive living cost, nothing special, even worse than Shenzhen.😂
Right, that's why a lot over 800,000 HK citizens crossed the border to spend quality time and eat quality food in SZ over this long weekend
As tourist ,we would avoid HK due to strict dine in policy, cramp quarters and expensive accommodation . I would go to China, more sight seeing and varieties of food at reasonable prices
It’s their money and their choices, good for them!
"Even worse than Shenzhen", this expression shows how arrogant you are.
However, Hk has left behind the close competitor of Singapore. The HK govt had been in deficit for 5 years and the foreign reserve is lower by 50% in 5 years
Opposition party would lit mrt on fire and break public properties and hold the city hostage. If Martin Luther King or Gandhi were alive, do you think they would take such action?
That is the sort of inconvenient truths this Emily lady would never mention
The point is not that many of your party members are still in prison; it should be why they are in prison. Did they go through a trial? Should not those aiming for a separation be tried and thrown into prison?
Salamat kasi kayo mismo naglagak nang mga lawyer para sa aming domestic workers..small country he try to build here own economy even he is under in e system with china but so proud kasi maayos kahit papano..
Why don't talk about how North America had changed since illegal European immigrants invasion and occupation? Especially how's everything with native Americans, their homeland, their language, culture and heritage.
Well if you commit treason you go to jail.
You are speaking from your ass
Freedom of speech has its limit in different nation. Look at US, what happened to the university students having a peaceful gathering against genocide? Last less than a week because of police breakdown. Back in 2019, HK police has been so patience with the demonstrators that it dragged and hold down the city for months.
With legislator like Emily Lau, no wonder HK is in a mess.
it changes as sino-us relation changes...
Yeung is lying. Market Cap in HK is lower with a lower low and lower high
Emily Lau forgot to mention the Rights to violent riotings…
The 50 cent army is all over this comment section.
@@GC-ps9mn you must be NED or CIA
Many are in jail because the protest they had were not peaceful. Hong Kong business today still growing even the West stay away.
Not growing by available metrics.
Not peaceful? What happened?😅
@@theonlycaulfieldmetrics: positive GDP growth.
@@canto_v12 Compound gpd growth in HK for the last five years is negative, due to having negative growth in 2019, 2020 and 2022.
@@theonlycaulfield a dollar is a dollar and growth is growth, no need to add qualifiers to fit your narrative.
1st quarter 2024 EV sales increased 25 % over 1st quarter 2023 EV sales. FSRNQ.. Fisker..Nio...BYD...Idex.. Ideanomics.. Archer Evtol Jets...Surf Air Mobility..Evgo .. Blink Charging, more.
Hong Kong is way more peaceful now without the blocking of airport, smashing of subway stations, brick obstacles on main streets and damaged sidewalk railings, or boarded up stores. I feel I can live my life normally. Every weekend and holidays, lots of people stream through to the Shenzhen in the mainland, at their own will, to buy and shop and enjoy themselves for much more affordable prices. Much better now, thank God!
Commie alert! How is Poo?
@@s4ulyaniv35 wokie alert， hows your border😂
@@s4ulyaniv35No it’s true. Hong Kong citizens have been traveling to the mainland in record numbers the last year or so. Those citizens who hate the the CCP have emigrated elsewhere many years ago.
Be real. . . You ought to have understood that the "One Country, Two Political Systems" scheme was a concession that Beijing had to accept. The British would have insisted on retaining their hypocritical control over an important territory. The 2019 protests, which morphed from a peaceful demand for affordable housing, insidiously morphed into violent demands to have democratic government. It's not idle speculation to ask how much of that was the fruit of work by the CIA/NED. Beijing now has to do what it knew all along would become necessary. Chinese and Westerners who cannot accept that HK must be fully integrated into China ought to simply move elsewhere.
As a Chinese who grew up in mainland, i advocate for Hongkong independence. 香港的独立，是每一个大陆自由人和反贼的责任。
靠你们这帮只会打嘴炮的废物，哈哈哈
哪来的小粉红，中国就中国，什么大陆？只有粉红才叫大陆，我们都叫中国。
@@xiaofengwang9541你自己账号名拼音就是小粉红😂
@@XiWinnie69 谁跟你是小粉红，我是根正苗红的台独分子，你要不要拿250出来投奔我们啊。
Chinese who grew up in CHINA don’t refer themselves as mainlanders. what’s wrong with your education these days 1450?
Where is the celebration besides the official ceremonial site? Did not see China flags except outside government buildings and big business buildings, likely under coercion, and no smile on citizens' faces to mark a happy day like Chinese New Year. Just decades ago Octo 10, the anniversary of Republic of China, was celebrated widely in Hong Kong. The Nationalist flag was everywhere and spontaneous, not that Hong Kongers supported Taiwan, but what the Nationalist flag stands for according to Dr. Sun Yet Sen.
You have a watch dog to run the country. How to change😂
Quite fun when Lau said she wanna westerners back😅
Yeah, it seems from her perspective only with more westerners stayed in Hongkong means Hongkong has a good diversity, even thru she said there are more and more people coming to Hongkong from middle east and south asia countries.
@@andyy9261 no，In fact, she just wants to be a Westerner's dog
Talk business or talk politic?
7:26 Empty streets in Hong Kong??? Biggest joke today😂😂
mong kok is empty...ditto TST , discovery bay, central, stanley, rhkgc, jockey club
@@user-cl3ke3gy2fwhen I was in Hong Kong in 2023 it was crowded, and this was just after the pandemic restrictions.
Stay salty. We can see with our own two eyes.
Change is apparent:
1. No more 2019 riots,
2. More focus as a bridge between East and West civilizations.
Hand back.
Emily Lau, where was the rule of law during the umbrella movement that you supported?
During that period, the law stated that people have the freedom to protest, and march in the streets. Doesn't matter what they are protesting, doesn't matter what slogans they yell, doesn't matter what signs they hold up. The law gave them the freedom to express their opposition to the National Security Law. But now that the National Security Law has been ratified, they no longer have those freedoms.
If you are clueless, plz don't comment
Rules for the cops, but not for the violent rioters. What a joke. Basically only follow the laws you like.
@@pjacobsen1000hate speech and public endangerment are not covered by free speech laws in most countries. It is patently false that you can protest or shout anything without permission in any country.
@@canto_v12 I don't know about 'most countries', but in most western and other developed countries, hate speech tends to be free speech. It is a common misunderstanding that 'hate speech' is punished by law in the west. Hate speech is generally considered protected speech.
It is true that there a limitations in speech, the question is how broad these limitations are. For example, it may seem reasonable to limit 'incitement to violence', but only if the term 'incitement' is very clearly defined with clear limits. To say "I hope xyz-organisation is overthrown" is perfectly legal in democratic countries.
Anyway, let's go back to HK. Before 1997, HK was perhaps the most free region in all of Asia when it came to speech. You could critique and protest against colonial British rule, against the governor, against the police, against the government of Britain or HK. These activities were all protected. People did not need prior permission to march in the streets, though there were rules against stopping or disrupting traffic or normal business.
The National Security Law makes it a crime to 'incite hatred against the Central Government or the HK government'. There has never been such a law in HK before, and such a law does not exist in any democratic/western/developed country. But laws like this are common in authoritarian countries.
You like this law, and you have to live with it. Good luck.
Rule of law...interesting
mr. Yeung is talking on his own fantasy. All the merits had gone when we lost rule of laws freedom of press, and freedom of speech.
thats huuuge pearl earrings
From Britain 😂
Salute Emily Lau for being courageous and outspoken to raise the questions on rule of law, freedom of speech and association.💪
@@tslow1829 where was Emily when Hong Kong was living under brutal colonial rule without democracy, agency and freedom of speech for its subjects? Is she conveniently blind to those issue?
Yeung is just kissing a'ss 😂😂
Fully support Lau
Looks like china funded 🤑 very well to Bloomberg 😂😂😂
They really scared. That’s the change.
Salute Emily Low for being courageous and outspoken on rule of law and freedom of speech and association.💪
When I heard the first speaker speak, I changed my channel to more pragmatic videos. HK residents are ungrateful to motherland.
Emily, you look young and beautiful today, your voice telling the truth, reflecting the fact and pointing to hope.
no sht
Thank you so much. I'm ecstatic with this video. I'm definitely subscribing and following for more tips. God bless you.
Thanks to Emily for speaking out the truth about HK now.
If the people has committed crime, they will be punished, no one will be free by commenting crime
Freedom of this, freedom of that. What about the abuses? Havent HKers abused that totally?
🤡
LOL LOL LOL
幽默老外
My utmost repect to Emily - a BRAVE SOUL to shout our the truth
HK is definitely much better
Emily, with all due respect, HK was never democratic. What do you mean "HK people are not that used to" lol
"Like we have done for many times since 1997", what about before 1997?
Why people are still talking about Hong Kong? After the unrest in Hong Kong, Beijing has already decided they do not need Hong Kong and has written off Hong Kong. As sad as it is Hong Kong is gone, it is simply another unfavorite city of China as far as Beijing is concerned.
That guy Yeung is a complete joke. Full of lies from his mouth
he is vassel of china
So is Lau.
freedom of speech - but NO tolerance for any dis-respect to the national anthem and national flag. Here is Asia (including China but not just China), we don't allow this sort of extreme view which is anti-motherland.
emily lau are you serious? hope you wont get the host into trouble, what? if media outlets reports the facts then there nothing to worry about. if you dont like HK leave. She wants cia to come in not average people from global south F that
On9
These emily laus are too far gone.
Greatttt
There're so many foreigners in HK, it means HK is still OK👌.
Some failed people always blame others for their failed.
Betried your county is not equipment the diversity of views and as the activitors
HK is now safer for their law-abiding citizens, foreigners, and investors. With the national security law, I will visit HK, safer, and no worries of being hit by crazy , brainless rioters.
Hong-Kongers should celebrate, China now provides military personnel to protect HK. The Hong Kongers youth do not have to serve National Service (NS). HK has a good hinterland for market expansion etc.
See you soon Hong-Kong hope I get good and great employer there
Hong Kong is more prosperous, modern and free now than living as second class colonial subjects under a brutal colonial master.
Yes, we have curry fish balls and this this rice instead.
For the Chinese of HK and Mainland, this is a day to celebrate. But for the Brits, this is a dark day because it had to return the stolen golden hen to to rightful owner and could no longer milk any more easy gold.
Since the passing of the National Security Laws, the Anglospheres are feeling really bitter because they can no longer fuel riots and colour revolutions.
Your friend go to jail good
You can't criticize CCP in Hong Kong, just like you can't criticize Israel in the US. Hong Kong and the US share lots of similarity.
Anyone can criticize Israel in America, go home read more news
@@Hkchinese888 How was the anti-Semitic law enacted? Why were students protesting against genocide arrested?
@@nealinux
there is no law, you can criticize Israel 24/7
@@Hkchinese888 You even lied to yourself! Many of those students who criticize Israel are still in prison!
@@cloudwithwind574
which students? where?
If I took emily to westminsiter kennel club she has a great chance at winning best in show.
Emily doesn't sound like a good person
Fully agreed with CCP’s action in 2019 after knowing this lady’s mind
lady you need to get along with this
One thing is certain Cantonese will lose their identity their language.
The Han people basically colonize Cantonese
You probably don't live in Hong Kong. Have you even been to Guangzhou, where Cantonese is alive and well?
@@edwinchan5603I grew up in Guangzhou ,speaking fluent Cantonese. But most of my next generation did not speak Cantonese at all. The Cantoneses is dying in an alarming speed.
@sindyshi1175 what goes around comes around. Hakka was spoken in hongkong until cantonese stormed in😂
I am from Xi'an and my daughter doesn't speak Xi'an dialect, but I don't think it's a problem!
Because ancient Chinese books are recorded in Chinese characters, as long as he can speak Mandarin, communicate with people all over the country, understand Chinese characters, and understand both modern and contemporary books, that's enough!
I remember before the communist took over Hong Kong was more fun more exciting more prosperous. I love to visit it, Overall, Hong Kong versus better than Singapore..
you are fool
Is it possible that Chinese Mainland is developing too fast?
Hong Kong is better than before
Emily: Hongkong lost it diversity since i'm not seeing a lot of westerners coming here.
👓: But there are more and more foreigners coming here these years.
Emily: But those foreigners are from middle east countries.
😮: w…t…f!
Actually a lot of young single foreigners want to come to HK to work because of lower tax rates
Under the British, whites, mainly Anglosphee whites, were always a small minority. 😊😊