The government tries to overturn the acquittal of former ICAC investigator and Democratic Party lawmaker Lam Cheuk-ting of ‘perverting the course of justice’ while asking someone to delete possibly incriminating photos of participants in a 2019 protest…
[Assistant Director of Public Prosecutions Ivan] Cheung presented to the court a video of the exchange, in which Lam said that “what matters now is to delete the photos with protesters’ faces.”
Although Lam verbally said that he wanted to help X leave the scene, he could also have harboured an intent to pervert the course of justice, Cheung told the three appeal judges.
X had previously testified that Lam did not force him to delete the photos and that he agreed the lawmaker was mediating the situation.
The prosecutor said the lower court erred in finding that Lam had no intent to pervert the course of justice.
However, Judge Derek Pang said on Thursday that it was impossible to conclude that Lam had that intent, while Judge Judianna Barnes said Lam’s actions did not necessarily suggest his intent.
The lower court was a regular, not National Security, sort.
Lam has been charged several times in recent years, including for ‘rioting’ after trying to intervene in the Yuen Long Station attack on July 21 2019. And he is currently in prison for ‘subversion’ after taking part in the pan-dem primary elections in July 2020. You may think the authorities have a peculiar obsession with him; I couldn’t possibly comment.
A thread from Desmond Shum on the US regulatory authorities’ bar against Mainland and Hong Kong investors buying shares in SpaceX (Reuters report here)…
As a Hong Kong passport holder, I’m fully aware of how its meaning has changed over the past decade.
It is no longer treated as the distinct identity it once was. Increasingly, it is viewed as simply another form of Chinese passport.
…for wealthy Hong Kongers, the SpaceX IPO exclusion will still come as a shock. The message is blunt: a Hong Kong identity can now be enough to exclude someone from parts of the global financial system, because that identity is increasingly synchronized with China.
SpaceX is run by a drug-addled fantasist. Institutions are shamelessly forecasting revenues equivalent to 10% of US GDP in a decade and letting retail investors buy into the IPO with just a few thousand bucks. Not being allowed to buy such absurdly overvalued stock is like not being allowed to eat dog poo. But this is nonetheless a wake-up call to anyone who still needs it: Hong Kong and its people used to be on one side of a wall, and now they’re on the other.
HKFP op-ed on the case of a man arrested for sedition after scattering some home-made leaflets around his apartment block. He will not be beheaded by the Gestapo, like the Munich students who did something similar in 1943. But…
…it should not be a matter of rejoicing that we have joined the club of countries where the channels of public communication have been so choked by fear and restrictions that citizens who wish to express their views are reduced to scattering anonymous leaflets.
Our government seems to have inherited the thin skin of our notoriously sensitive police force. Now even legislators – carefully vetted patriots to a man or woman – are complaining that any comment on government policy which falls short of a rousing endorsement is branded as dishonesty or worse by official spokespersons.
The Atlantic on China’s unsustainable mercantilist economic model…
Chinese manufacturers would be competitive without Xi’s help. He provides massive aid anyway—directly, with handouts and tax breaks, and indirectly, by suppressing the wages of factory workers and the value of China’s currency to make the country’s exports artificially cheap. The result is an economic model that favors producers, restrains consumers, and floods international markets with supercheap exports, including steel, solar panels, and electric vehicles. Foreign companies simply can’t compete. Chinese competition is costing Germany 10,000 manufacturing jobs a month and could strip Indonesia of hundreds of thousands of garment-worker jobs. China’s trade surplus ballooned to a record $1.2 trillion last year. As a share of the global economy, China’s surplus in manufactured goods is the largest amassed by any country ever.
…Xi’s policies are spurring “the forced deindustrialization” of advanced economies worldwide.
…China’s economic policies aren’t great for China, either. Its economy has been floundering. Private investment and consumer spending remain weak, property values have been slumping, and the competition for jobs is fierce. Xi’s industrial programs encourage too much investment in factories, which often lose money and require yet more state aid to survive. Taxpayer funds that could be spent on social services and welfare programs are instead propping up a glut of assembly lines.
As a result, Chinese families are essentially subsidizing shoppers around the world while their own quality of life suffers.
…Xi could alleviate tensions with trading partners and pressures at home by reforming the economy to stimulate more domestic demand, so that Chinese households could buy more Chinese goods. But Xi has avoided these reforms, perhaps because they would compromise his grip on the country by forcing him to cede power to markets.
Imagine that the latest fad ever lives up to its propaganda, and agentic/generative AI displaces millions of jobs in companies. Corporations ultimately rely on demand from consumers who also happen to be each other’s employees. With millions of laid-off people, that demand will diminish, leaving the AI-staffed companies with far fewer customers to produce goods and services for.
Big tech is almost certainly exaggerating AI’s potential for emulating humans – they need to lure trillions in investment and scare businesses into adopting their products. Beijing’s mercantilism, on the other hand, genuinely kills manufacturing jobs in developed and developing countries. Even if leaders in the US/ EU remain too stupid/powerless to hit back effectively, at some point the numbers will cease to add up. You can’t have one country that makes everything but imports nothing: everyone will end up much poorer.
(Not an exact parallel, but when the emperor in Beijing followed a mercantilist policy 200 years ago, foreign merchants literally ran out of silver coins. So they started to use opium as a means of exchange instead.)
Some excitable types debate the extent to which Chinese leaders over several decades have deliberately planned to dominate global manufacturing as a way to accumulate surpluses and leverage over trade partners.
Subscribers to the ‘oriental wisdom long-term thinking’ theory see a carefully crafted plot, while the more cynical assume the CCP mostly makes it up as it goes along. Certainly, Beijing has a deep-rooted obsession with self-sufficiency and pounces on opportunities to weaponize trade dependency, but not always in a subtle way that guarantees long-term international influence. And as we can see, the model itself is unsustainable and harms Chinese as well as foreign households. So on balance, it looks like they drifted into it and now don’t know how to stop.











