Monday, September 1, 2014

China Rules Out Open Election in Hong Kong by Bella Dekhtyar

http://time.com/3237227/china-hong-kong-occupy-central-beijing-communist-party/

In Hong Kong there has been a series of protests against China's decision to restrain Hong Kong citizens from democratic vote for yet another year. Being a territory owned by China, Hong Kong has tolerated 15 years of undemocratic government. It was in their hopes for the 2017 election to be a free vote for the city's chief executive/top leader, but China declines as it has been China's responsibility to vote for the city's leader for years. Due to this, Hong Kong threatens to paralyze the city's financial district, which can pose as an issue to the economy.

It has been apparent now that Hong Kong has been fighting for democracy for 3 decades. It seems that China should allow this territory to have some freedom to vote for its own leaders. Although the territory is not independent, it still thrives as a vital part to the economy. Now, due to the escalating protests, China's financial issues have increased as well with the shut down of Hong Kong's financial district. Not only could this affect China, but also the United States. America's firms conduct not only businesses there but also invest billions of dollars in Hong Kong. How could this affect us? It looks like things will only get worse for China and Hong Kong until their issues get worked out.

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