In response to Yi Liu’s blog: https://blogs.ubc.ca/yi1996/2014/10/04/hong-kong-another-turning-point/
http://www.ft.com/cms/s/0/b61a6a60-64c4-11e4-ab2d-00144feabdc0.html#axzz3IV8VhnEe
Currently, Hong Kong is undergoing protests led by mainly students, as they call for political changes in the government. In Yi’s blog, he analyzes the positive and negative effects that were brought to Hong Kong’s economy as a result of the protests. He mentions the decline in economy which is caused by the protests and suggests the benefits if the protests were successful and if Hong Kong was to achieve democracy.
I agree with Yi’s view and think that there could possibly be benefits to Hong Kong’s economy if the protests succeed. However, I believe many Hong Kong citizens go against the protests because of the negative damages that the protests are bringing to Hong Kong’s economy, as indicated in the article. While there is possibility of benefits if the protests are successful, these are still uncertainty and risks. On the other, by maintaining the current situation, at least Hong Kong still has the opportunities of developing in China. Moreover, clearly China does not want to give up the international financial centre in Hong Kong, so even if there were going to be changes in Hong Kong, it would take a long time and during this time, many companies have to suffer from severe damages. For instance, risk is an important factor limiting protest in Hong Kong, which is also the reason why the protest is led mainly by students but not the working class.