Read something about Shenzhen(?) locking down on the corona :reddit-logo: . I don’t know the first thing about these places but I guess they have electronics industry ties with HK - anyway the way folks were talking about it I got the impression they cared way more about what it could mean for their mining rigs than anything else. It’s pretty cool.
I don’t know the first thing about these places but I guess they have electronics industry ties with HK
HK has historically been the bagman for Shenzhen. The financial capital abutting an industrial center, through which westerners and ex-pats can launder their investment cash without running afoul of the various trade rules and legacy sanctions leveled against Communist China.
As Shenzhen grew and mainlanders spilled over the dividing line into Hong Kong, the financial capital fell more in line with the rest of the country. The tipping point - Carrie Lam's appointment to HK's Chief Executive spot - triggered a wave of reactionary sentiment from western-backed oligarchies, their families, and their cronies that resulted in a year of protest just prior to the outbreak of COVID.
But they've always been functionally joined at the hip.
Read something about Shenzhen(?) locking down on the corona :reddit-logo: . I don’t know the first thing about these places but I guess they have electronics industry ties with HK - anyway the way folks were talking about it I got the impression they cared way more about what it could mean for their mining rigs than anything else. It’s pretty cool.
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HK has historically been the bagman for Shenzhen. The financial capital abutting an industrial center, through which westerners and ex-pats can launder their investment cash without running afoul of the various trade rules and legacy sanctions leveled against Communist China.
As Shenzhen grew and mainlanders spilled over the dividing line into Hong Kong, the financial capital fell more in line with the rest of the country. The tipping point - Carrie Lam's appointment to HK's Chief Executive spot - triggered a wave of reactionary sentiment from western-backed oligarchies, their families, and their cronies that resulted in a year of protest just prior to the outbreak of COVID.
But they've always been functionally joined at the hip.