Hong Kong offers $2.4B stimulus package to appease protesters

Hong Kong offers $2.4B stimulus package to appease protesters


AGAIN, IT’S A DOW STOCK SO IT IS HELPING THE DOW.>>>HONG KONG’S GOVERNMENT ANNOUNCED A $2 BILLION STIMULUS PROGRAM, BASICALLY THEY ARE GIVING MONEY TO THE PEOPLE OF HONG KONG. I THINK IT’S TO PLACATE THEM. TAX CUTS, BUSINESS TAX CUTS, FREE RENT. WILL THAT BUY THEM OFF? SUSAN LI IS IN HONG KONG. QUESTION, SUSAN, WILL THIS PLACATE THE DEMONSTRATORS? SUSAN: I THINK IT’S A WAY TO WIN THE HEARTS AND MINDS OF THE LOCAL HONG KONG POPULATION AS WELL. WE ARE LOOKING AT VIRTUALLY NO GROWTH THIS YEAR ACCORDING TO THE FINANCIAL SECRETARY THIS AFTERNOON, SAYS THEY ARE GIVING $2.4 BILLION AWAY, AS YOU SAID, LOW RATE INCOME TAXES, FREE MONTH RENT IF YOU ARE ONE OF THE LOWER INCOME FOLKS, EXTRA PAYMENT FOR SOCIAL SECURITY AND SUBSIDIES FOR STUDENTS AS WELL. NOW, WE ARE LOOKING AT A TURN IN THE ECONOMY, A CONTRACTION IN THE SECOND QUARTER, IN FACT, AND THIS STEMS FROM THE DISRUPTIONS THAT HAVE BEEN CAUSED BY THESE PROTESTS. YOU CAN SENSE IN THE GENERAL POPULATION AND WHAT YOU SEE ON LOCAL MEDIA THAT IF THIS FINANCIAL AND ECONOMIC CONTRACTION AND THIS PAIN CONTINUES TO BE FELT BECAUSE OF THESE PROTESTS, THIS SENTIMENT TURNS AND WE COULD EVEN SEE A CHURN IN THE SUPPORT THEY ARE GETTING FROM MOST LOCAL HONG KONGERS. STUART: IT’S A LITTLE EARLY FOR

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100 Comments

  1. Interesting new development in the soft cold civil war of Hong Kong and China Communists. This situation could possibly ramp up into a full fledged formal petition for autonomy and for a self governing region known as Hong Kong. But, the protesters need to play their cards very carefully, and to seek good allies, and seek legal ways of formal petitions for self governing. Perhaps they can continue the two systems agreement, or enhance it, or arrange a political solution that is technically supported within the upfront language in the Constitutions of China and Hong Kong. Can it possibly be attempted?

  2. You can't buy freedom with money …. if you are bought with money you are controlled by the root of evil its self…..

  3. these kids are dumb traitors brainwashed by the West nothing more….US UK don't give a crap about HKers they just don't want China to win

  4. A popular saying in China states that any problem which can be solved w/ money is no problem. Patrick Henry's famous speech holds true now more than ever for the freedom loving people of HK.

  5. We love HK with many famous movies which I watched over hundreds! Also, I knew over hundreds HK and Taiwan movies stars! I still watch HK and Taiwan movies every night before going sleep! God bless Hong Kong! We prey for HK!

  6. are you guys really that gullible that you're this easily manipulated by a dumb video title? use your head once in a while. the stimulus is for the businesses that are effected by the protests…. not money for protesters hoping to buy their silence. somehow you guys aren't offended by fox who thinks this is all it takes to make you believe what they want you to believe. on the other hand i guess i can see why fox would think that, considering you all think Mexico was going to pay for your border wall.

  7. The govt shouldn’t have done that. Instead they should increase the taxes to 30% for everyone because that is their taxes we pay in the USA. They Want to be a colony of the USA then pay 30 % taxes first !

  8. Yes All 7.5 million HK people want to be independent and freedom. Fox news media only show a very very very small part of protests in HK. They did not show another 95% of protest in other part of HK. I think fox news think China is always their friend.

  9. its about more then money. the globalist own China thats one reason why they are protecting. communist governments globalists.

  10. Corrupt Hong Kong politicians : Do you want freedom? I will give you communism "free money" or supression your choice.

  11. An estimated 70,000  prisoners of conscience murdered for their organs every year by Beijing's state sponsored organ harvesting program, a multi-billion dollar business. And they offer the freedom protesters some of that blood money in exchange for their freedom.

  12. Wow this is what it means when a country tries to appease and work with it's citizens, unlike here, protestor's would be met with force.

  13. As China sits on the border with Tanks take the money or face the steal wheels all to claim and take there FREEDOM(some choice)and people wonder why we the people will never surrender our 2nd Amendment. Hail to all the people of Hong Kong Bless you All.

  14. They have more balls than all of the people of the USA. People here only want to protest against tyranny when hostess goes out of business.

  15. it really does not need money to fix… just learn from US cops, shoot them when they threw bricks to policemen or beat the men in the airport. so easy.

  16. US is the biggest bastard and hypocrite of the world and so is Fox News, the bastard mechanism of spreading fake news. US is fearful of China rise, come u American bastards go burn yourselves in hell

  17. What the hell kind of deal is that. this is insane. We love be in wars that we have no business being in. The united nations should be involve. We don't support communism. Trump needs to stop worrying about the this china trade deal and focus on the people. These people are singing our national anthem and waving our flags. We should be involve.

  18. Lol. Hey are way of life is so bad they’re willing to pay to get people on our side. 😂😂. Hey can’t blame them. It worked for the democrats and black America. They gave em smart phones and freebies for Obama’s vote.

  19. $2.4 BILLION IS REALLY NOTHING… MORE LIKE $50 BILLION AND GIVE THESE KIDS JOBS.

    OR ELSE THEY BECOME SEMI-TERRORISTS.

  20. This is the Chinese stuff that pisses people off and escalates stuff… it's just going to make things so much worse… its teenagers causing the riots not buisinessmen. it's this authoritarian patronizing attitude of the PRC that fules the rioters rage. Same thing happened in Tiananmen.

  21. So Hong Kong is giving a stimulus in the amount of $2.4 billion? Lets say the population is 7.44 million, does that mean they will give them $322.50 each to shut them up? That’s funny, but either way the protesters wants something beyond monetary compensation that will give them rights and freedom. Money cannot appease what they want.

  22. Commie puppet HK gov is stupid, this movement is not about money at all but 1) the evil Bill, 2) Needs badly real universal suffrage to prevent another puppet Chief Executive from selling out HK to china criminal party. CCP been robbing, grabbing, stealing, abusing HK's rich tax reserves and US bills daily off HK in an amount much more than that!

  23. Did you ever play that game when you tight a line on the money and you pull it someone followed and when they get closer you are laughing. Nice trick!

  24. When so many people are protesting like that is evident that the problem is the government. Free Republic of Hong Kong!

  25. $2.4 billion has a limit but the price of freedom is forever. Don't take it. Keep fighting our brave brothers and sisters.

  26. Power to the HK people! The brave HK protesters, the Nelson Mandelas of today, are fighting for freedom and a better tomorrow! HK forever!

  27. It is wrong strategy… should not give the sweeteners here …. the protester is funded by the good Hong Kong economy of their parents… only the non protester is the one still working hard have no time to come out and protest.. Guess you need to sacrifice some economic progress in order to teach your Hong Kong kids a lesson.

  28. As the Economist magazine recently pointed out: “Free speech is hard won and easily lost, and neither of the world’s superpowers – American and China – is likely to stand up for it.” How true that is. Nowadays, free speech is worth jackshit.

  29. Sad that they try to buy the Hong Kong people. Freedom and Sovereignty is worth soo much more…ask yourself this…who is the master of your ship? Your choice.. pick wisely…

  30. That money is coming from China.. lol… Those that take the money will soon disappear.. To a camp in China making $3 a day. Lol

  31. People died got injured/arrested and suffered permanent eye injures and the SAR government think they can just pay their way out instead of actually listening to the people.

  32. Living costs are so high in that city, plus the cultural marginalization of the local Cantonese culture by the mainland language and culture and now the increasing attempts of political assimilation to the mainland. That has obviously become too much for even the otherwise very unpolitical and "docile" Hongkongers. These cash "bribes" are regarded as such and make matters even worse.

  33. The US is busy making friends with Middle East dictators like Saudi, one of the worst human rights violator on this planet. Meanwhile, someone here is talking “value of freedom” blah blah. What’s wrong with you people?

  34. Hong kong is losing their special tax status, the chinese government was using Hong Kong's special tax status to avoid paying any us taxes on all their business dealings, USA stopped that this year and just after protests started. China doesnt see hong kong as being any different or special then all other chinese cities so that's why they are closing in on hong kong. USA has nothing to do with protests, we are watching as spectators only

  35. Funny how Macron tried to buy off the Yellow Vest protesters as well. It only pissed them off more. Money means nothing if you're still a slave to the man.

  36. Are the commie Chinese offering to put diapers on the people of Hong Kong to take care of them with free stuff? Yeah, we all know what it means to be infantilized by a government, it's called welfare, and a trap to loose your freedom. Don't accept it, Hong Kong.

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