Authored by James Rickards via The Daily Reckoning,Remember the pro-democracy protests in Hong Kong against Chinese authoritarianism? | WHAT REALLY HAPPENED

Authored by James Rickards via The Daily Reckoning,Remember the pro-democracy protests in Hong Kong against Chinese authoritarianism?

And U.S.-Chinese relations could get even worse than they are right now.

Are you prepared for a bumpy ride?

Let’s unpack this…

Last year’s protests came in response to a proposed law that would have allowed the extradition of Hong Kong residents to Beijing for trial on charges that arose in Hong Kong.

That would have deprived Hong Kong residents of legal protections in local law and subjected prisoners to torture and summary execution.

The legislation was proposed by Hong Kong’s Chief Executive Carrie Lam, who many consider a puppet of Beijing.

The demonstrations grew exponentially, ultimately involving hundreds of thousands of protesters.

The list of demands also grew to include more democracy and freedom and adherence to Hong Kong’s rule of law.

Due to social media, these protests were seen around the world.

The proposed bill behind the original protests was scrapped last October, which was a victory for the pro-democracy protesters.

The protests didn’t end altogether, but tensions were at least diffused to a great extent and the world moved on.

Well, here comes round two…

China’s Communist parliament is preparing to roll out legislation that would ban “treason, secession, sedition (and) subversion” in Hong Kong.

This is different from the previous legislation because this bill actually originates in Beijing, not Hong Kong. It’s a direct assault on Hong Kong’s democracy. The Chinese parliament would insert the legislation directly into Hong Kong’s constitution.

It’s scheduled for passage next week.

Webmaster's Commentary: 

President Trump, a word, please; there is nothing you can do directly to assist the people of Hong Kong.

Yes, we understand that you are waging an asymmetric war against China, encouraging separatist movements when you can to run counter to the Communist Party rule.

Xi Jing Pin has just encouraged his military to be ready to immediately "prepare for war" ‘Prepare for war’: China’s Xi Jinping tells army to thwart coronavirus impact on national security The article goes on to state: "Xi Jinping’s speech comes amid rising tension with the US, frequent references by local politicians and diplomats of reunifying Taiwan. Tension is also escalating with India with troops from the two countries clashing along different areas along the 3,488 kilometre-long disputed border."

Mr. President, this is a lousy time to escalate here; we don't have the weaponry; the troop strength; or the manufacturing, in this war-weary, war-skeptical nation. We need to focus on getting this economy opened up, and quickly, and taking care of the people here at home, many of whom have been thrown out of formerly secure work, while major executives have give themselves big bonuses before declaring corporate bankruptcy.

We need to focus on right here, and right now, for as long as you can.

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