Hong Kong Revival

USA loses one at the WTO...

"The panel ruling marks one more victory for China in challenging the US discriminative countervailing duty measures on Chinese products. This will further constrain the US misuse of trade remedy measures and benefit Chinese enterprises," Li said.

Well, this means a shift from USA being exempt and everyone else being obliged to follow the rules.  Every complaint USA makes the USA is a far worse offender.  I think USA should withdraw from the WTO, and get out of capitalism.  If we unilaterally offered free trade to the world, which necessarily means abandoning corporate welfare, we'd become unspeakable wealthy, defined as access to goods and services affordable by individuals own money.

For example, welfare queen Boeing has become dependent on handouts, and thus cannot compete against China, since Chinese welfare queens do not demand so much.

Commercial Aircraft Corp of China Ltd said on Monday that it had received six orders for the ARJ21, the China-made regional passenger airliner, at the Farnborough International Airshow in the United Kingdom.
The new orders, from three clients, boost the total orders for the ARJ21 to 258. The aircraft is expected to get airworthiness certification from the authorities by the end of the year, said company officials.

USA could beat the world in aeronautics if we were not tied down to capitalism.  No more welfare for Boeing, Boeing dies, Boeing 100 most capable start airplane companies, USA then moves ahead of the world.

Recall the USA government placed limitless credit behind mapping the human genome.  Private companies beat the limitless resourced USG at a profit and in amazing time.

For example, In USA the Uber Company meets nothing but resistance.... but in China... why not?

US-based mobile app Uber officially launched its car service in Beijing on Monday, and is expanding to six Chinese cities, including Shanghai, Guangzhou and Shenzhen. Uber started its test operations in Beijing two months ago.
It now operates in 140 cities in 39 countries, including 25 cities in the Asia-Pacific region.

And then to rub it in...

Local entrepreneurs and residents are building businesses and spending more of their time – and money – in traditional neighbourhoods such as Sai Ying Pun and Tai Hang on Hong Kong Island, where independent companies, including coffee houses and home-grown boutiques, are delivering a bohemian buzz to newly gentrified areas across the city.

A small business revival in Hong Kong...  what USA desperately need... well, it is possible when...

The district of Sai Ying Pun, west of Sheung Wan, is a labyrinth of colourful side streets, lined with independent restaurants and retail spaces, making it among the city’s most charming neighbourhoods. The opening of a Mass Transit Railway (MTR) station in the area by year’s end will only intensify the creative buzz in this once quiet area. 

MTR = Mass Transit Railway. So, mass transit helps?  Therefore government has a role to play in economic development?  No!  Just as no sane person ever lets government have anything to do with money (in Hong Kong several independent private companies issue the currency) no sane person would ever allow the government to get involved in the provision of mass transit.  The idea is unthinkable!  One has to be suffering some sort of psychological or physical ailment, some lack, to think in terms of government provision of mass transport.  Something profoundly wrong. (I'd recommend treatment by Dr. Block immediately.)  MTR of course is a private company.  Transit needs to be in strictly private hands.

We need a Hong Kong in USA to preserve our genius while the cloud of retribution passes over for the next 70 or so years.

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