Thursday, November 28, 2019

Donald Trump Signs Bills Backing Hong Kong Rioters

On Wednesday, US President Donald Trump (right) signed into law a bill that supports the Hong Kong rioters. 

The Human Rights and Democracy Act mandates an annual review, to check if Hong Kong has enough autonomy to justify its special status with the US. This bill was introduced in June and was overwhelmingly approved by the House of Representatives last month. 

Anyway, it is noteworthy to mention that it's unlikely to have any immediate, tangible effect. 

A companion piece of legislation passed by Trump bans the export of certain crowd control items to Hong Kong, like tear gas, rubber bullets and stun guns. 

Both Beijing and Hong Kong have accused Washington of intervening in the city's and China's internal affairs. I wonder if it is all just noise? 

It'll be interesting to see if China will retaliate!

There are analysts who say any move to end Hong Kong's special treatment could prove self-defeating for the United States, which has benefited from the business-friendly conditions in the territory. If Hong Kong becomes just another Chinese port, this could hurt not just the city and China, but US businesses too, and companies that rely on the territory's role as a middleman, or for trans-shipping, would likely take their business elsewhere. 

On Wednesday too, defending champions Liverpool discovered they will need at least a point from their final group game on December 10 against Red Bull Salzburg to guarantee reaching the last 16 of the Champions League – after a poor game against Napoli when they only managed to draw 1-1. 

It seems to me that Liverpool love to make things difficult for themselves. We showed zilch quality. 

Yesterday, I was at the Puchong Financial Corporate Center in Bandar Puteri in Puchong, Selangor for my once-a-month session with Fonterra Global Business Services Asia staffers. 

This time around, it was a small group but still, there was much sharing and learning:







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