Five years ago today, the Chinese Communist Party “fundamentally transformed” Hong Kong from a relatively free and economically thriving territory into just another enslaved city within the People’s Republic of China.
With Beijing’s imposition of a draconian national security law, the CCP finished off the last vestiges of the “one-country, two-systems” arrangement it promised Great Britain would apply for fifty years when she surrendered the colony in 1997.
Dissent has been crushed, with its champions like Jimmy Lai and Joshua Wong cruelly imprisoned. The mainland’s totalitarian social credit system enforces the Party’s edicts. And Hong Kong’s capital market now serves as a financial Trojan Horse, a vehicle for Wall Street to fundraise for Chinese military companies like CATL.
An even worse fate awaits Taiwan if the Chinese Communists can next acquire it, one way or another. That must not happen.
This is Frank Gaffney.