Hong kong historically played a major role as this intermediary financial and between point between china and the rest of the global capitalist economy. Te china has been facing a dilemma over hong kong ever since the sovereignty hanover in 19 97. The contradiction between chinas lead to use to connect with the global financial system. But at the same time, it create a leal contradiction between the necessity to maintain certain freedom, political freedom and rule of law in hong k Kong. Well create a space for opposition and political discidence that trouble china. Now that the ping ideal situation is that the don't destroy the political discidentity but to maintain everything else, including
The second of our two-part interview with sociologist Ho-fung Hung on Chinese political and economic history. This episode covers the 2008 financial crisis, how China’s response deepened global and domestic economic imbalances and (alongside the US) heightened geopolitical conflict, the current situation—including Russia’s invasion—and a lot more. Listen to part one first if you haven't already.
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