Post #548

Huge unrests are happening in Hong Kong in a wake of trade war between United States and China. Once upon a time Hong Kong has been a window to capitalism for China, but things have changed. China seems to lose its patience with relatively free state. So far China s goal was to get millions of people out of powerty using half planning and half trade economy. Communist party been pretty successful at getting about 300 mill people out of poverty and filling up a quarter of Forbes list. China is increasingly a high-tech police state, their social contact seems to be like this - want to be prosperous, then give up your freedom. In my mind it doesn't work, but Chinese communist party made it work and it's quite remarkable. It will be interesting how this is going to progress and what's goin to happen to Hong Kong. What do u think ? Can China sustain this model wealth for freedom?