A student protester is injured after being pulled off and hit by residents and pro-Beijing supporters while local police are escorting him out of the protest area in Kowloon's crowded Mong Kok district, Oct. Student protesters raise their hands to show their non-violent intentions as they resist during change of shift for local police but backed down after being reassured they could reoccupy the pavement outside the government compoundís gate, Oct. Joshua Wong, leader of the student movement, delivers a speech as protesters block the main street to the financial Central district, outside the government headquarters building in Hong Kong Oct. A protester walks in tear gas fired by riot policemen after thousands of protesters blocking the main street to the financial Central district outside the government headquarters in Hong Kong, Sept. Something suddenly changed in December last year in the world’s second largest economy (some say it’s the first). I saw the graph on the ABC news last night thanks to Phillip Lasker.Not surprisingly, smart Chinese money is pretty keen to escape China while it can still buy nice things like real estate in Sydney.In the end, broken promises rather suck motivation, so China’s economy is struggling uphill under the weight of the debt.After a hundred years of development, it has evolved from a single entrepot trade port into a free port with diverse economic structures.By 2013, Hong Kong has been selected by the American Heritage Foundation for the most free of charge in the global economy for 19 consecutive years.For the last few years private investors in China have been running away at a faster and faster pace. The original graph came from Bloomberg under this unlikely headline: China Proves Doubters Wrong For Now as Credit Boom Stokes Growth “Stoking Growth” is not always desirable — to go biological — cancer “stokes growth” and so does Ebola. Supertanker loads of money have been manufactured in China in the last few years.Apparently, no one wants to invest in the Chinese economy except the government, and six months ago, the State launched a rocket. “The amount of cash Beijing is shoveling into the economy is stunning,” said Andrew Collier, an independent analyst in Hong Kong and former president of Bank of China International USA. In essence money is a promise, but too many promises have been made.
As 2017 approaches, the Occupy Central movement has been pressurizing Beijing into allowing politicians from the pan-democratic camp — the local term for pro-democracy politicians of different parties — to be nominated for the city’s top post.In addition to tobacco, alcohol, methanol, hydrocarbons and other four types of goods levied import duties and consumption tax, the general import goods are not required to pay import duties or tariffs, import and export trade “threshold” is very low; Third, import and export procedures is extremely simple.Except for a small number of trade-regulated goods need to apply in advance and approved after the import and export, the general import and export of goods without approval, the formalities of the formalities within 14 days to the Hong Kong Customs to submit a complete declaration form can be completed; Fourth, foreign ships from the port to apply for entry and customs procedures, the implementation of non-mandatory water diversion, inspection and inspection procedures are simple, and exempt from port administrative fees, logistics system is smooth. Mainly in three aspects: One is free to enter and operate the system.In addition to the free economic policies, the Hong Kong Government has also provided various measures to facilitate trade and services for the growing trade, making Hong Kong an important global aviation and shipping hub.In addition, the free port system also contributed to the flourishing development of the art market.