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Jwod 12/01/2009 09:23 AM Report
Though he wasn't entirely responsible for the economic depression in HK between 1998-2003, the government housing policy under his supervision had caused a massive overspupply of flats (for v.low income citizens) and resulted in a collapse of 50 to 70% in home prices from peak to trough over 5 years!!!! Imagine having the US government building more homes in the Winter 2008 when house prices had fallen more than 10-20% already --- that's lunatic! but that's precisely what he did to Hong Kong in the name of improving affordability for the poor!!!
Talk about wealth destruction!! Nothing against him honestly... he is a nice hard working guy really, but absolutely rubbish in terms of delegation and leadership.
opensociety 05/01/2009 11:03 PM Report
The response to the censorship question was a disgrace. The issue is not merely what content ends up being censored. The greater problem is that inconvenient content will never be published by any government organ, or by any quasi-independent publication that fears govt sanction. This affects not only the individual cases spoken of in the interview, but the entire public sphere and the people's sense of themselves and their relationship to truth and reason. "National security concerns" are defined very broadly. Living in China, it is unmistakable that the govt owns the public sphere, China's history and truth. That a plurality of views should be valued in and of itself, regardless of whether one agrees with the specific content of those views, is not generally appreciated in China. Only one line is encouraged, and thus very little is produced. Chinese leaders love to say they are moving toward democracy, but only some views of what that means are permitted. People lack the rights of free expression and association that nurture alternative views. The "Asian Values" response to questions of human rights and democracy is misleading in that it suggests that what are Chinese values is uncontested. They are very nearly so, but only because the message that the govt owns the public sphere has been so well understood by the public. Such leaders as Mr. Tung should at least have the intellectual honesty to say what they really think - that they know what is best for Chinese people and hold a monopoly on political truth. One can guess how this would have been received in Hong Kong had his position been subject to public approval.
REMant 05/01/2009 10:53 PM Report
He's forgetting that China's economy has been export-driven, and that you can't measure wealth by money, particularly not American money. All of those rich urban ppl could very well become once again beholden to those 15% of GDP in rural areas. BTW, China is the creditor, Charles, not debtor. I also think that the US is in far worse condition than he does. We have been sliding downhill for several decades now, the division between rich and poor ever larger. I agree that the human rights issue is overblown, tho there does seem to be an unresolved issue of the abuse of political prisoners. But as the Chinese are forced to turn inward to develop their economy I can't see how they can avoid greater liberalisation.
bauhwa 05/01/2009 10:23 PM Report
U.S. is the biggest client of China.
China will do their best to make the U.S. feel comfortable,
even they have to lie/mislead.
“China is moving forward in democracy.” said TUNG.
CHARLIE ROSE:”So, when you talk about democracy in China,
what are you talking about?”
My read of it is: “Give me a break!”
Charlie just said it politely. :)