Quote:
Originally Posted by FlameOn
If you are rich in China, it's pretty much impossible to escape influence by the CCP. Even publicly traded Hong Kong majority owned companies, there is no escaping Chinese ruling party influence. Take for example Cathy Pacific's CEO for example.
When Chinese authorities demanded that the CEO, Rupert Hogg (who was well liked by employees and turned around the company, posting it's first profit in three years), turn over the names of all Cathy Pacific employees who had participated in the protests, the CEO defended his employees by only submitting his own name to the Chinese government. The majority shareholder of Swire group, owner of CP, was then summoned to Beijing, and both Rupert Hogg and his deputy were forced to submitted their resignations.
https://onemileatatime.com/cathay-pa...ion-backstory/
This is the type of influence Hong Kong does not want... but pretty much can't escape that this point. |
This is ultimately what really frustrates me about places like China, Russia, North Korea, or the 150 or so other countries that have significant degrees of corruption and inequality. The people in power are ultimately making their own lives worse by supporting regressive policies and regimes.
Less traffic accidents. Less pollution. Safer food. More advances in medicine. Better entertainment and media options. Freedom of expression and association. Happier people. It is not a coincidence liberal democracies are better places to live for both rich and poor.
I feel for the people of Hong Kong. They are fighting against a regime that hurts everyone, including us here in Canada.