Re:Hong Kong: UK makes citizenship offer to residents
by csomar on Wednesday July 01, 2020 @11:45AM
(#23702742)
That's in GDP terms. But lots of money flow through Hong Kong. If HK was to fail and get disconnected, China will lose a significant portion of their exports. Hong Kong imported around $264bn of products from China. These are unlikely going to HK mainland but rather re-routed to other parts of the world.
It doesn't help that China is in bad terms with the U.S. and India. India is on track to become the third-world economy. China is gradually isolating itself from the rest of the world.
Re:Hong Kong: UK makes citizenship offer to residents
by apexalpha on Sunday July 12, 2020 @03:50AM
(#23809653)
Just because HK couldn't facilitate it anymore doesn't mean the world will stop buying $260bn worth of goods and services. It would just be 'rerouted'.
It doesn't help that China is in bad terms with the U.S. and India. India is on track to become the third-world economy. China is gradually isolating itself from the rest of the world.