Loading Posts...

Hong Kong Protesters Return to Airport But Flights Continue

How does China Fix Exchange Rates?

This is the inconvenient reality of the past 14 weeks of protests in Hong Kong – they have the ability to disrupt the local economy. Sunday, the protesters returned to the Hong Kong International Airport by shutting down its transportation routes and preventing taxis and buses from approaching – however planes continued to fly.

Some passengers were forced to walk from their taxis for the final kilometer with bagged dragged behind them, but they did get to the airport. The energy and power of the protesters is amazing, still able to, after 14 weeks, disrupt the city commerce.

Some economists are calling for recession and data suggest that retail sales are down 20% to 30% this quarter. As you know, a recession is two quarters of negative growth in GDP. So as the trade war with China continues, the CCP or Chinese Communist Party is dealing with Trump and trying to get him out of office and now the protesters in Hong Kong who, are now a serious public relations problem. The question is just how long will these protests last? At this point it seems that there are strong hardliners in the CCP who are at odds with the more moderate players, the hardliners clearly want to end the protests ASAP, but this would be a public relations debacle and some are saying, it could spell the end of the CCP as we know it. 



The author didnt add any Information to his profile yet

Classarius is the only data driven news for blockchain, cryptocurrencies and technology from investment professionals.

Disclaimer: We do not provide investment advice or strategies, this article is not intended as such but only to provide you the reader with information. Please conduct your own research before any investment of any kind.

Classiarius Guest Posts
Classiarius allows guests to write articles on blockchain, finance, and analysis on technology, political risks and crpytocurrencies. You may include links to your previous content in your articles. Write Guest posts
Loading Posts...