China has blamed Western powers for meddling in the Hong Kong protests — that perceived interference could lead to a 'hardening of positions,' according to a professor at Cornell University.
protests — that perceived interference could lead to a "hardening of positions," according to a professor at Cornell University.
"What is happening right now is that narrative is building up in China ... that the U.S. and other western powers are interfering in China's economic affairs and policies, and interfering in what China sees as its domestic political affairs, i.e. Hong Kong," said Eswar Prasad, a professor of trade policy at Cornell University in New York.
That could potentially "lead to a more precipitate action by the Chinese government to quell the continuing protests in Hong Kong," Prasad said, especially ahead of the country's 70th National Day on October 1. A temperate resolution to both issues, the trade tensions and the protests in Hong Kong, now looks less likely.Since early June, increasingly violent protests have gripped Hong Kong, a former British colony which returned to China rule in 1997. The rallies were initially spurred by opposition to a proposed bill that would allow people in Hong Kong to be extradited to mainland China, but it has since evolved into a broader movement calling for democracy.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The only Hong Kong multi-millionaire standing up to ChinaJimmy Lai, the 71-year-old founder of Apple Daily, has forsaken his clothing business empire and endured death threats to pursue democracy in Hong Kong
Read more »
In Hong Kong, cash bounties are being offered to identify masked anti-China activistsThe rewards range from $25,500 to $127,500 and relate to a variety of violent acts of vandalism over recent months.
Read more »
China's central bank chief meets head of Hong Kong monetary authorityChina's central bank governor, Yi Gang, met Norman Chan, the chief executiv...
Read more »
Billionaire Kadoorie Warns On 'Desperation' and 'Despair' Of Hong Kong Youth In Plea To End ViolenceThe billionaire chairman of Hong Kong’s biggest electricity producer has used full-page adverts in the 2 newspapers to argue that “young people are Hong Kong's future... we cannot leave them in desperation or despair.” by DavidGDawkins
Read more »
HSBC to cut fees, offer rebates to boost struggling small Hong Kong firmsHSBC said on Wednesday it will offer rebates and fee reductions for sm...
Read more »
Hong Kong Clashes Put Brakes on Property BoomHong Kong’s formidable property market is straining, as protest pressures add to those created by an escalating U.S.-China trade spat and slowing global growth
Read more »