Over the last few years I have seen student protests in the United States, Spain and Venezuela. I never expected, during my recent trip to Hong Kong, that I would witness a new “Occupy” movement. But, the leaders of “Occupy Central with Love and Peace” are not complaining about the lack of economic freedom. In fact, according to the Economic Freedom Index prepared by the Heritage Foundation, Hong Kong’s economic freedom score is 90.1, making it the top-rated economy for the 20th consecutive year.
Calling it a “sad day for Hong Kong” one of the world’s prominent democracy scholars decried Beijing’s new restrictions on Hong Kong’s upcoming elections, saying they would fail to meet international standards for universal suffrage and could invite a public boycott.
As they decided whether to use the United States’ atomic bombs on Japan in 1945, Allied military planners and political leaders had to weigh carefully the costs and benefits for the American people, present and future. They made the correct choice.
The Chinese government and its proxies have recently ratcheted up harassment of U.S. IT firms doing business in China. In the last week, China has deployed its antitrust laws against Qualcomm and Microsoft. This comes on the heels of recent attacks in China on Apple and Cisco and IBM. China has also increased its harassment of non-IT U.S. firms.