Lam Tells Youth to Go to Hainan

Lam (left) in Boao for the annual forum for Asia

 

Hong Kong's dear leader is in Hainan Island or "the Hawaii of China" for the Boao Forum for Asia. It was cancelled last year because of the coronavirus pandemic, but back on this year.

Lam suggested a solution for young Hongkongers looking for an alternative place to developing their careers in the Greater Bay Area -- move to Hainan.

Lam says HKers should enjoy the coconut trees

She said people could not only "enjoy the shadow of coconut trees", but they could also feast on Hainanese chicken rice -- a dish that has its roots in Wenchang, Hainan, but is more popularly associated with Singapore and Malaysia.

Lam said Hainan island's leaders have noted Beijing's plans to entice young Hongkongers to other parts of the Greater Bay Area, and they are also taking the initiative to give opportunities to them.

"My colleagues and I were very moved," she wrote on her Facebook.

She wrote that she hoped young people of Hong Kong would move to Hainan to pursue work or internships, and added the island has a friendly local population and is rich in agricultural products.

However, not everyone was impressed by Lam's suggestion.

The Singaporean version of Hainan chicken rice

While some thought the Chief Executive's idea was a good one, pointing out Hainan is a beautiful place and Hongkongers would love it there, others posted sarcastic remarks, accusing her of failing to "fact check" her promotion of Singaporean cuisine.

"Just because the name of the dish has the word 'Hainan' in it doesn't mean it is a Hainan specialty. It's the same with pineapple buns having no pineapples in them, or Swiss Chicken Wings having nothing to do with Switzerland," one wrote.

However that person is incorrect -- Hainan chicken rice is well known in Hainan, though it is a different version from the Singaporean and Malaysian one; it is originally from Wenchang in the northeast of Hainan, and it refers to the breed of the chicken which is quite lean and so the meat is tougher than what most would expect. There are also aren't condiments like chilli sauce or soy sauce, but is rather eaten bland with some chicken stock (and no chicken oil) flavoured in the chicken or the rice.

Meanwhile others had biting remarks like this one: "As an international city, we've got all sorts of different cuisines and we can get any food we want here. Hongkongers should stay in Hong Kong."

The original Wenchang version of the dish

Perhaps Lam could have a rethink another way of enticing young people to the Greater Bay Area? Hainan is basically a tourist mecca and not an economic powerhouse like say Guangzhou or Shanghai... unless her intention is for Hongkongers laze around coconut trees and eat Hainan chicken all day?

Hong Kong's Eroding Freedoms

New Zealand, Switzerland and Hong Kong are the top three

 

The Fraser Institute describes itself as an independent, non-partisan research and educational organization with its headquarters in Vancouver, Canada.

Every year it releases its Human Freedom Index, and surprisingly for 2020 Hong Kong is third on the list -- for the third year in a row; in 2017 it was second after Switzerland.

The HFI measures personal freedom, which includes freedom of movement, speech, assembly and religion, as well as economic freedom, as in the ability of individuals to make their own economic decisions without government or crony interference.

76 indicators used to rank 162 countries, regions

It uses 76 indicators of personal and economic freedom including, rule of law, movement, religion, expression and information, legal system, access to sound money, and freedom to trade internationally.

While Hong Kong does tick these boxes (for now), it is interesting the 2020 report still lists the Chinese city in third place despite last year's protests.

However, in the executive summary it notes:

The HFI also finds a strong relationship between human freedom and democracy. Hong Kong is an outlier in this regard. Although Hong Kong's ratings and rankings have decreased since 2008, the impact of the Chinese Communist Party's unprecedented interventions in the territory in 2019 and 2020 are not reflected in this year's report (which, as noted, is based on 2018 data). Those recent events will likely decrease Hong Kong's noticeably in the future.

The top 10 countries are: New Zealand, Switzerland, Hong Kong, Denmark, Australia, Canada, Ireland, Estonia, Germany, and Sweden.

National security law has infringed HK rights

China was ranked 129th, behind Taiwan (19), Kazakhstan (75), Rwanda (78), India (111) and Vietnam (121).

And in July this year, the Fraser Institute along with think tanks from 35 countries and territories around the world signed an open letter to the people of Hong Kong.

The letter summarizes Hong Kong economic rise, due to a high level of personal freedom that has seen its per capita GDP rise from US$2,000 in 1950 to US$40,000 in 2018, four times the world average.

However the letter ends by saying:

Most recently, China has ordered large scale arrests of dissidents and, on May 28, China's National People's Congress imposed a national security law which attacks Hong Kong's freedoms and Hong Kong's Basic Law (effectively, a freedom-protecting constitution), by bypassing Hong Kong's Legislative Council. While the Communist Party of China has yet to release details, the law is intended to allow mainland authorities to crush freedom in Hong Kong and extend absolute CPC rule.

Moderates are being silenced by the government

Pro-democracy demonstrators, young and old, Chinese and the many other groups that populate Hong Kong, are demonstrating to protect their freedoms and hopes for the future of their children and grandchildren. We stand with the people of Hong Kong as they attempt to protect their freedoms and rights and believe a strong global response is critical.

So we shall wait with curious anticipation what the 2021 report will say, taking into account data from 2019 and 2020...

Lam on Charm Offensive in Davos

Can Carrie Lam persuade world leaders Hong Kong is open for business?

Hong Kong's fearless leader Carrie Lam Cheng Yuet-ngor is in Davos, Switzerland to attend the World Economic Forum in the hopes of persuading leading political and financial figures that our city is still open for business.

Her visit coincides with a report by Moody's Investors Service that has downgraded Hong Kong's rating by one notch to Aa3 from Aa2. In September, Fitch Ratings cut Hong Kong's sovereign rating  to AA from AA+.

"Team HK" is in Davos for the World Economic Forum

Moody's says the downgrading is due to concerns the government has not been able to quell the political and economic issues from eight months of protests.

"The downgrade principally reflects Moody's view that Hong Kong's institutions and governance strength is lower than previously estimated," said Marie Diron, managing director of Moody's sovereign risk group, and Martin Petch, vice-president and senior credit officer of sovereign risk group, said in a statement on Monday night.

"The absence of tangible plans to address either the political or economic and social concerns of the Hong Kong population that have come to the fore in the past nine months may reflect weaker inherent institutional capacity than Moody's had previously assessed," the New York-based credit rating agency said.

Protests are still happening, one of the latest in Landmark

It described the government's response to demands for greater political freedoms and expensive living costs as "notably slow, tentative and inconclusive".

"It may also point to more significant constraints on the autonomy of Hong Kong's institutions than previously thought," the agency added, hinting pressure from Beijing.

This is a pretty big strike against Lam and her administration, who are bringing "Team HK", including the trade secretary, top officials from the stock exchange, airport authority, MTR Corp and the head of Swire Group to the Swiss mountain resort.

But perhaps a more eminent threat is the Wuhan pneumonia that is spreading quickly (or we just haven't been told the truth about it all along), and it is only a matter of time before the first confirmed cases are in Hong Kong.

The corona virus in Wuhan is spreading very quickly

If Hong Kong does experience another SARS outbreak, that will be a double blow to the city's economy that has already been battered by the protests.

News of the pneumonia-like virus spreading resulted in Asian stocks taking a battering, and Hong Kong more so with the downgrade from Moody's.

How is Lam going to convince world leaders that she can lead the city out of these crises? She hasn't demonstrated any kind of leadership in the past eight months...