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Am I insane to move to HK now?

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  1. #101

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    Original Post Deleted
    Don't take this the wrong way, and apologies if I am confusing you with someone else, but you'll be taking way more than a 30% hit if you leave HK to do the same job you're doing here.

  2. #102

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    May 2020
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    Quote Originally Posted by freeier:
    Anyway the assertion is speculative... so 1. without hk, would the expats that eventually came hk be able to get that kind of financial benefits in their country (e.g. french/spanish bankers) ? 2. without the expats, would hk be able to achieve the financial status it has today ? and at what kind of time delay/lag ?

    For Q2, if the answer is, yes HK would be able to achieve the financial status but it will take an additional 10 years.. Then isn't it better for hk to slowly grow than to rely on foreign expats that came into HK to short-cut that growth, which effectively led to increasing cost of living in HK and made the wealth/living gap between rich and local such an un-surmountable one ?
    There would be no Hong Kong to test these hypotheticals against without Westerners. There might still be Guangzhou, which preceded Hong Kong as the international trading hub of south China. But the leading corporations in Hong Kong generally evolved from the same or similar British trading concerns that were present in Guangzhou. Both cities' prosperity was built on the joint commercial venture of trade between Westerners and Chinese. Furthermore, there would be no financial capital in China akin to Hong Kong without it having had special legal status, which makes it difficult to speak of a "lag" if no Westerners had been present. No matter how much time elapses, Shanghai will not be Hong Kong because different laws apply there and make the foreign presence feel less secure. (Thanks to the incoming national security law, however, China might succeed in dragging Hong Kong down to the level of Shanghai.)

    And if you believe so strongly the expats did a good job building hk as it is, I guess you will also be extending to the argument that the Opium war is the right thing to do in all context of history as it liberated HK to achieve its current prosperity and to be ruled by UK?
    Without the Opium War the Canton trade would have likely continued to dominate, and that trade also required the presence of foreigners to prosper. It's true that Hong Kong was founded as a result of the Opium War, but one doesn't have to think that was a just conflict to think that the presence of foreigners has helped south China flourish or that special legal status in Hong Kong, which could have come about some other way, augmented that prosperity.

  3. #103

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    Quote Originally Posted by stickyears:
    And if you believe so strongly the CCP did a good job building china as it is, I guess you will also be extending to the argument that the Cultural revolution is the right thing to do in all context of history as it liberated China to achieve its current prosperity and to be ruled by CCP?
    I am not in a position to comment if ccp did a good or bad job.. but in the context of the circumstances, with aftermath of the war against the foreign 'invasion' into china and their internal civil war, is it so simple for us to simply say they did a good or bad job ?

    But I do observe there seems to be a different set of yardstick of what is right and what is wrong, against the western world and against china..

  4. #104

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    Quote Originally Posted by prospectiveHKer:
    There would be no Hong Kong to test these hypotheticals against without Westerners. There might still be Guangzhou, which preceded Hong Kong as the international trading hub of south China. But the leading corporations in Hong Kong generally evolved from the same or similar British trading concerns that were present in Guangzhou. Both cities' prosperity was built on the joint commercial venture of trade between Westerners and Chinese. Furthermore, there would be no financial capital in China akin to Hong Kong without it having had special legal status, which makes it difficult to speak of a "lag" if no Westerners had been present. No matter how much time elapses, Shanghai will not be Hong Kong because different laws apply there and make the foreign presence feel less secure. (Thanks to the incoming national security law, however, China might succeed in dragging Hong Kong down to the level of Shanghai.)



    Without the Opium War the Canton trade would have likely continued to dominate, and that trade also required the presence of foreigners to prosper. It's true that Hong Kong was founded as a result of the Opium War, but one doesn't have to think that was a just conflict to think that the presence of foreigners has helped south China flourish or that special legal status in Hong Kong, which could have come about some other way, augmented that prosperity.
    so are you talking about the foreigners that came to hk, trying to be the party to trade with the chinese merchants ? or are you talking about the middle man layer foreigners that came to hk in the last 20/30 years or so trying to supposedly offer our services to the top bidder so we can increase their business volume and help hk to prosper plus drive up cost in hk ?

  5. #105

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    Quote Originally Posted by freeier:
    I am not in a position to comment if ccp did a good or bad job..

  6. #106

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    Quote Originally Posted by freeier:
    I am not in a position to comment if ccp did a good or bad job
    But you are in a position to not giving a fuck about concentration camps and the great famine?
    Coolboy likes this.

  7. #107

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    May 2020
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    Quote Originally Posted by freeier:
    so are you talking about the foreigners that came to hk, trying to be the party to trade with the chinese merchants ? or are you talking about the middle man layer foreigners that came to hk in the last 20/30 years or so trying to supposedly offer our services to the top bidder so we can increase their business volume and help hk to prosper plus drive up cost in hk ?
    The last 200+ years of economic activity in south China have been driving by cooperative trading and other economic links with the outside world. If your implication is there's no legitimate trade and other business happening currently that's facilitated by the cooperation of Chinese and foreign interests in Hong Kong, you don't know much about the Hong Kong economy.
    Coolboy likes this.

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