<story><title>As Protesters Fill Hong Kong’s Streets, Businesses Are Alarmed, Too</title><url>https://www.nytimes.com/2019/06/12/business/hong-kong-china-protests-business.html</url></story><parent_chain><item><author>taiwanboy</author><text>I think if you are a businessman&amp;#x2F;woman that have significant assets in China, you must be aware that the current Chinese government is fighting 4 wars right now:&lt;p&gt;1.) political conflict between xi jing Ping the new guards, and the old guards that control the state owned firms&lt;p&gt;2.) internal conflicts in xinjiang, Tibet, and Hong Kong&lt;p&gt;3.) near neighbor conflicts with Vietnam, Philippines, Taiwan, Indonesia, and Australia&lt;p&gt;4.) trade war with US and its allies (Japan, EU, Canada, Mexico, etc)&lt;p&gt;And the Chinese government doesn’t have the financial or the political assets to fight any of these wars, let alone all 4 at once.  IMO it is losing all of them right now.&lt;p&gt;So if you were a businessman, it is probably safe to move out of such a risky place for your assets</text></item></parent_chain><comment><author>heraclius</author><text>It’s certainly more comforting to imagine that Xi is losing all four wars. But I do not see effective opposition anywhere. The party has lost, hence the removal of term limits. There is no effective protest in Xinjiang or Tibet. HK will soon follow once pan-democrats can be extradited and executed. China has the advantage in the South China Sea in that it has the equivalent of several aircraft carriers in the islands it controls under the status quo. It is only the trade war that might go awry for Xi, and rare earths are a relatively credible threat.&lt;p&gt;I would however withdraw money, because loss on those fronts isn’t necessary to cause unhelpful instability.</text></comment>
<story><title>As Protesters Fill Hong Kong’s Streets, Businesses Are Alarmed, Too</title><url>https://www.nytimes.com/2019/06/12/business/hong-kong-china-protests-business.html</url></story><parent_chain><item><author>taiwanboy</author><text>I think if you are a businessman&amp;#x2F;woman that have significant assets in China, you must be aware that the current Chinese government is fighting 4 wars right now:&lt;p&gt;1.) political conflict between xi jing Ping the new guards, and the old guards that control the state owned firms&lt;p&gt;2.) internal conflicts in xinjiang, Tibet, and Hong Kong&lt;p&gt;3.) near neighbor conflicts with Vietnam, Philippines, Taiwan, Indonesia, and Australia&lt;p&gt;4.) trade war with US and its allies (Japan, EU, Canada, Mexico, etc)&lt;p&gt;And the Chinese government doesn’t have the financial or the political assets to fight any of these wars, let alone all 4 at once.  IMO it is losing all of them right now.&lt;p&gt;So if you were a businessman, it is probably safe to move out of such a risky place for your assets</text></item></parent_chain><comment><author>fwip</author><text>Is that unusual for a superpower?&lt;p&gt;For example, the US government is fighting wars in the Middle East, the aforementioned trade war, internal conflicts between the increasingly radicalized left&amp;amp;right, and to say there&amp;#x27;s political conflict is a bit of an understatement.</text></comment>