Make sure the bad guys aren’t you!
Poor Hong Kong! Everybody is picking on Hong Kong. First China imposes a draconian legal code that removes the right of Hong Kong residents to protest. Then China announces much higher taxes on Chinese businesspeople working in Hong Kong:
Fears of a Hong Kong brain drain are increasing after China moved to tax its citizens’ global income, undermining the financial hub’s appeal to thousands of bankers and other white-collar workers from the mainland.
Faced with a tax rate as high as 45% — up from about 15% previously — Chinese professionals across Hong Kong are considering moving back home to avoid getting squeezed by both the new levy and sky-high living costs in the former British colony, according to interviews with workers and recruiters.
To make matters worse, the US is now piling on:
President Donald Trump on Tuesday signed legislation that gives his administration more power to impose sanctions on Chinese officials in retaliation for a draconian national security law Beijing imposed on Hong Kong.
Mr Trump said the Hong Kong Autonomy Act would give the White House “powerful new tools to hold responsible the individuals and the entities involved in extinguishing Hong Kong’s freedom”. The president also signed an executive order removing special trade and economic privileges that Hong Kong has enjoyed for years.
So let me get this right. Trump is going to take away “special trade and economic privileges that Hong Kong has enjoyed for years”. And Trump is going to “hold responsible the individuals and the entities involved in extinguishing Hong Kong’s freedom.”
I’m reminded of one of my favorite movie trailers, for Machete. In the film, a powerful man hires Machete to be an assassin, only to have it backfire. The trailer said something to the effect:
“If you hire him to take out the bad guys, make sure the bad guys aren’t you!”
If Trump plans to punish the people taking away Hong Kong’s freedom, maybe he should first make sure that he’s not one of those people. Personally, I wish Trump would extend those “special trade and economic privileges” to all 1.4 billion Chinese people. Instead, we should go after the people responsible for harming Hong Kong.
To his credit, Trump does seem to be inching in that direction:
While the Trump administration last week placed sanctions on Chinese officials over human rights abuses against Muslim Uighurs in Xinjiang, it has not yet imposed any penalties on Chinese Communist party cadres involved in policy surrounding Hong Kong.
If we must retaliate with trade restrictions, aim them at the Chinese Mainland, not Hong Kong. Is the Trump administration really that clueless?
It’s always one step forward two steps back. The Trump administration is also thinking of banning WeChat and Tiktok. Full disclosure: The WeChat ban would hurt our family. But even beyond our family, is it really a good idea to cut off communication with 1.4 billion people?
Do you think future historians will write: “Trump’s decision to cut off communication between the Chinese people and the outside world was a turning point in world history. Nationalism declined everywhere and peace and understanding swept the world.” Or might we expect a different outcome?
The 1.4 billion Chinese people aren’t going away, and China’s not going to stop growing, regardless of our trade policies. It’s time we learned to live with them. Punish their government where appropriate, but don’t go back to the pre-Nixon policy of pretending that China doesn’t exist.
PS. At least give them credit for backing off the insane proposal to expel foreign college students. But what happens when Trump no longer faces an upcoming election?