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Monday, 28 October 2019

Carrie Lam and Xi Jinping on Living Life Backwards

I can hardly believe I am hearing this! To placate HK ptotestors, she's offering them a 90% mortgage on a million dollar apartment. That's probably 300 sq meters at the most, bought from a property tycoon. See SCMP's Yonden Lhatoo on Hong Kong Housing Crisis.


See also this FT piece Wanted: a Hong Kong chief executive to achieve the impossible for an insight into Hong Kong's relationship with the CCP:
The deep political crisis created by the unrest has led Beijing to begin drawing up plans to replace Ms Lam by as early as March, less than three years into her five-year term. As embarrassing as that would be for President Xi Jinping, people briefed on Communist party deliberations in Beijing say senior Chinese officials realise that Hong Kong needs a new beginning if it is to restore public confidence in the government.

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