Hong Kong and Mainland China to Partly Open Markets for Investment Funds

How will you celebrate the 18th Anniversary of the Handover / Return of Hong Kong to Chinese Sovereignty? This July 1, 2015, China will launch the “mutual fund recognition framework” which will allow international assets managers to sell their Hong Kong registered fund products to Mainland investors. How’s that for a celebratory mouthful of globalization?

just what aren’t we seeing?

Currently circulating on WeChat news that apparently on May 20, 2015 China blocked Chinese Wikipedia, begging question du jour: just what triggered the block? (This is a serious question, if you know, please share). To date, 16 of the top 30 English language websites have been blocked.  Continue reading

shenzhen and xiamen are special administrative regions!?

Word on the WeChat circle and as yet unconfirmed, slipping the information in under the holiday radar: Shenzhen and Xiamen may have been elevated to the status of provincial ranked Special Administrative Regions (特别行政区) and not directly administered cites (直辖市) as many have been speculating. Hong Kong and Macao are SARs; Beijing, Tianjin, Shanghai, and Chongqing are directly administered cities.

It’s true, because of the establishment of the Shenzhen and Xiamen Free Commerce Zones, where there will be different legal systems, if Shenzhen and Xiamen are SARs then they are higher-ranking cities than Beijing!

As part of its elevation, Dongguan’s Chang’an, Qingxi, and Fenggang Districts, Huizhou’s Huiyang District, and Huizhou’s section Daya Bay will be redistricted to Shenzhen.

The Guangdong Provincial Vice Secretary, Ma Xingrui will be promoted to be the first General Secretary of the Shenzhen SAR.

And just like that: good bye special economic zone, hello special administrative region. Let me know if you see an official announcement. In addition to WeChat notes, I’ve seen blog posts. The fact that the news is circulating is, like wow, NEWS.

Update: not news, apparently. Over the Chinese New Year, the speculation was that Shenzhen and Xiamen would become directly administered cities. In fact, just what’s going to happen is still unknown…

identity card politics

So today a return to a theme near and dear to my heart: satirical text messages, or as we have now stopped texting and use WeChat, satirical blog posts that are forwarded via WeChat. This time, the Op-Ed piece, “We were never Chinese citizens, just Chinese people who live on the Mainland (原来我们都不是中国国民!只是居住在大陆的中国人!) has caught my attention. Inquiring minds want to know, what’s up with that? Continue reading

shen kong: flies, ants, termites, and locusts

In January 2014, anti-Mainland sentiment in Hong Kong resulted in protests calling for the “locusts” of Mainland smugglers to leave the territory and for border controls to be tightened against them. The expression “locusts” appeared again in a 2015 description of Mainland students studying at Hong Kong universities and “stealing jobs” from locals. A week ago, there was another burst of anger against “locusts”, this time against the small time parallel traders (“water guests or 水客“) who purchase goods in Hong Kong for resale in Shenzhen and other Mainland areas. In turn, pro-Mainland blogs have argued that “local termites harm Hong Kong more than locusts do (本土白蚁比蝗虫更损香港)”. Continue reading

hong kong birds, bees, and the delights of winter sun

On Tuesday morning, good friend Michael took me on a walk through the Hong Kong flower market, bird market and adjacent fish, and insect and reptile markets. Located near the Mong Kok East station, the area’s micro-ecology delights. It also has me thinking Frankenstein thoughts of everything under human dominion. And yes, there are not so hidden nooks for high quality Java and conversation. Impressions, below.

This slideshow requires JavaScript.

shekou redux

For those following the shifts in Guangdong structure, you noticed that yesterday Shekou, along with Qianhai, Nansha, and a bit of Zhuhai was designated a self-governing trade zone (自贸区). Inquiring minds want to know: what does that mean? Speculation abounds and adjustments are coming, but there seem to be two key points. Continue reading

harmonized

While in Tianjin a friend said to me that she wanted to forward one of my posts about the Hong Kong protests to her WeChat circles, but was afraid of being “harmonized” (被和谐掉) — a euphemism meaning “to be arrested for political activism”, or as Orwell might have said, the crime of speaking one’s position. The expression ironically activates Xi Jinping’s relentless calls for social harmony through a return to Chinese values, that might be otherwise expressed as “shut up and do what you’re told” much as Lee Kwan Yew deployed Neo-Confucianism in his pursuit of a well ordered managed Singapore. Continue reading

cultural smog

I am in Tianjin where the smog is thick. It creates grey on grey cityscapes and irritates eyes and throats. My niece, a lovely and talented young woman jokes that, “Chinese people have iron lungs,” instantly showing up the dystopian anxieties that animate cyberpunk and urban fantasy (as popular literary genres, not simply as lifestyle choices).

I remember similarly edged jokes from my mother’s relatives and friends when we went back to the UP, where iron mining and tree harvesting for the paper mills had reshaped the wild north. “That,” they said with a half apologetic laugh when they glimpsed our pinched noses, “that is the smell of money.” Continue reading

occupy central: it’s not what you think

The US press, like many of my Chinese friends have focused on what the Hong Kong protestors won’t accomplish. This focus on future violence against students completely ignores the courageous possibilities that are offered in the present. Continue reading