China can only castigate Hong Kong so much, due to the corporate ties that bind
Rather than focus on uncomfortable root causes, President Xi Jinping’s administration has blamed the continuing unrest on shadowy UK, US and other ‘foreign forces’
When millions of Hong Kong residents marched peacefully against a controversial extradition bill in early and mid-June, it was relatively easy for companies and investors in the territory to avoid taking sides.
But as initially peaceful marches have given way to an increasingly violent “flash mob” rebellion, with pitched battles between protesters and police breaking out at multiple locations every weekend, Chinese officials are beginning to lose their patience. They are now demanding — and receiving — overt demonstrations of corporate support for an end to the protests.