Author: pnp

Hong Kong's Property Tycoons Are Responsible for Current Turmoil. [Copy link] 中文

Rank: 4

Post time 2019-9-20 15:43:40 |Display all floors
Newtown Post time: 2019-9-20 14:59
"China's internal legal mechanism needs credentials and sophistication and be seen and believed to ...

You can try to get the Americans to fly the Confederate Flag in and out of USA. I won't disagree with the USA if they react to that in the most hawkish manner.

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Rank: 4

Post time 2019-9-20 16:55:54 |Display all floors
Newtown Post time: 2019-9-20 14:59
"China's internal legal mechanism needs credentials and sophistication and be seen and believed to ...

On Chinese courts, you aren't entirely wrong on that.

As humans regardless of being democracies or communists or socialists, the system is as good as one makes them. They use to say that communists can't be creative - that's until Huawei surfaced and then the US has to use all its global might including illegitimate means to tear down Huawei. In terms of the economic espionage hoax, frankly if you know the business world, that's happening every minute in every corner and US is a master in this.

Coming back to China making its court and legal mechanism sophisticated is definitely in its best interest even as socialists or communists. One who knows law and does everything above the board is more powerful than one who doesn't and who tries to do things creepily. Once a person knows the law more sophisticated than all others, that person can package anything under the sun to that person's advantage and still be applauded by the masses who are actually disadvantaged - this is the power of knowing the law. In a court hearing it doesn't mean when one has a fact (excluding clear cut criminal cases), one will definitely have the decision his/her way, many times it depends on the lawyer's orator skills and wits, assuming the judges and juries are fairly reasonable and impartial.

How else did the Hong Kong from the above average to the poor ended up where they are today - simply because they can't match the rich in a totally unregulated situation. Go back to the 60s to 70s to find out land grab stories in Hong Kong. Most local rich won than lose with the foreign lords backing and profiting too. Then the rich raise property prices - which now become unaffordable to more than 60%.

Be careful of what you wish for. You may find it difficult to match the Chinese when they go top sophisticated in law and may regret your comments on them. Japan and Korea started their economic flourish much earlier than the China but the Chinese today are more keen gearing themselves up on the use of English.

For China it needs the legal sophistication for:
- business purposes;
- political purposes;
- public image;
- BRI;
- AIIB;
- asset protection;
- their masses to resolve disputes;
- voting influences in the international arena; and
- to gain access into every corner of the world.

The law is actually a tool reserved for the super elites. Just think how many good lawyers can a super elite can hire if you want to fight a case against a super elite.

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Post time 2019-9-21 10:15:03 |Display all floors
pnp Post time: 2019-9-20 12:54
HK SAR flag, etc, are superficial matters!  What matters most is the mindset of the younger generati ...

The HK education was engineered by the rich. Many schools have so called directors usually appointed by the super rich.

There is also discriminatory behavior in that these Hong Kong super rich looked down on the mainlanders.

Given Hong Kong's head start, they have actually not turned in any great performances other than being a financial centre and even as a financial centre where more than 60% of its people cannot afford proper housing that's definitely a society growing up the wrong way.



  

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Post time 2019-9-21 11:15:54 |Display all floors
China recently announced plans to turn Shenzhen  and the Grearer bay Area into a model of international business, with all the laws, etc to international standards. That is a step in the right direction!  Not sure it will succeed though because it means the Party giving up its control!

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Post time 2019-9-22 07:49:03 |Display all floors
tenith Post time: 2019-9-20 16:55
On Chinese courts, you aren't entirely wrong on that.

As humans regardless of being democracies o ...

"You may find it difficult to match the Chinese when they go top sophisticated in law and may regret your comments on them." I won't be holding my breath for something that "may" happen. Clearly you are affirming that the Chinese legal system at the moment leaves very much to be desired.

"The law is actually a tool reserved for the super elites." Obviously at the moment on the mainland this benefits the powers that be.  "...the system is as good as one makes them..." So would you care to take a wild guess as to who is responsible for constructing the legal system in China ? It certainly isn't the poor folk in the rice fields.

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Rank: 8Rank: 8

Post time 2019-9-23 10:47:31 |Display all floors
Newtown Post time: 2019-9-22 07:49
"You may find it difficult to match the Chinese when they go top sophisticated in law and may regr ...

Thanks,
you took the words out of my mouth...   I simply change One word "China" in your post and replace it with America.

The result:

  "The law is actually a tool reserved for the super elites." Obviously at the moment on the mainland this benefits the powers that be.  "...the system is as good as one makes them..." So would you care to take a wild guess as to who is responsible for constructing the legal system in China ? It certainly isn't the poor folk in the rice fields.

  Note:  Alaska and Hawaii are the only states not connected to the mainland,

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