Short thread of collection of thoughts on Trump signing Hong Kong Human Rights an Democracy Act. 1) It's a political win on many levels. Take and enjoy the win for a day. 2) It's not a game changer for Hong Kong. Importance lies in signalling, annual report, and linking 1/n
Hong Kong economically and financially to the Mainland. The annual report should be renamed Annual Chinese Irritant. The linking matters because China desperately needs the USD that come via HK. HK is basically a giant trans-shipment point. That could change. 3) Take a 2/n
moment to appreciate how hard it is to get anything to happen on human rights in geopolitics. Even the legislation is not the broadest or deepest, human rights policy either via executive or legislation is too rare. 4) It doesn't matter if Trump is deeply concerned about 3/n
Hong Kong and Xinjiang or couldn't find them on a map to me. This is clear tangible action from addition Xinjiang PSBs and others to the entity list to this legislation, there is real action to raise these issues in a much more public and tangible way than any other country 4/n
and it isn't even close. 4) Take a day enjoy the win and then come back ready to push for more. I want to delist Chinese companiese that don't submit to the SEC and recognized financial statements. Why American pensioners are investing in Chinese military firms is beyond me 5/n
We need to hit them harder on Xinjiang including boycotting the Olympics and getting tougher executive and legislative movement. I'm gonna enjoy this one today. Oh and 5)
6) I should also say a big congratulations to everyone in the White House and Congress that moved this through to get this done. President Trump has really changed the conversation on China
