Macron in Beijing; Hong Kong; PRC-Japan; Real estate; RMB appreciation talk; Selling LGFV debt to retail investors
Deep Dives
Explore related topics with these Wikipedia articles, rewritten for enjoyable reading:
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Hong Kong Liaison Office
14 min read
The article references the Office for Safeguarding National Security, which operates alongside Beijing's other institutional presence in Hong Kong. Understanding the evolution of mainland China's governmental apparatus in Hong Kong illuminates the power structure behind such statements.
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Local government financing vehicle
14 min read
The article title references 'LGFV debt to retail investors' - Local Government Financing Vehicles are a specific and complex financial mechanism in China that has created significant debt risks. Most Western readers won't understand how these off-balance-sheet entities work and why selling their debt to retail investors is concerning.
A small handful of external hostile forces are exploiting a disaster to stir up trouble and taking advantage of a crisis to create chaos…The national security laws of Hong Kong have already set a dragnet and are waiting. All words and deeds disrupting Hong Kong will be recorded and pursued for life; all conspiracies to disrupt Hong Kong will have nowhere to hide and will go completely bankrupt. We will absolutely not tolerate them, nor will we be soft-handed. As long as the net of the law is touched, whether hiding abroad or concealing themselves in Taiwan, they will certainly be severely punished by the law. The sword of the rule of law hangs high and will surely deal a head-on blow, cutting off all black hands reaching out to Hong Kong! - Spokesperson for the Office for Safeguarding National Security of the Central People’s Government in the Hong Kong Special Administrative Region
Summary of today’s top items:
1. Macron in Beijing - French President Macron has arrived in Beijing, alon…
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