A new controversial bill<\/strong><\/h3>\n\n\n\nWhen the\nHong Kong government announces a bill allowing the extradition of\n“offenders” residing in Hong Kong or being only passing through, the\npopulation sees a danger for political or religious dissidents refugees in this\npart of the territory.<\/p>\n\n\n\n
Indeed,\nthis project instigated by the Beijing government would allow him to determine\na “criminal” behavior, according to his own criteria and not those of\nthe peninsula. Chinese justice being particularly opaque and subject to the\ncommunist regime, it would allow the central government to extradite many Hong\nKong residents. The direct consequence would be an attack on the sovereignty of\nthe territory and a strengthening of China’s control over its various political\nand judicial bodies.<\/p>\n\n\n\n
The revolt of the young, pro-democratic generations<\/strong><\/h3>\n\n\n\nSoon, young\nmilitants stormed the streets of Hong Kong. With a pro-democracy orientation,\nthey demand a withdrawal of the bill, as well as the right to universal\nsuffrage to elect the chief executive. But Beijing chose and imposed the\ncurrent head, Carrie LAM. Faced with the powerlessness of the Hong Kong\ngovernment in the face of these demonstrations, the central government has\nundertaken several demonstrations of force to discourage protesters. Power is\nalso gradually putting pressure on different business entities to reduce\ninternational support for Hong Kong.<\/p>\n\n\n\n
What are the consequences for international trade?<\/strong><\/h2>\n\n\n\nThese\npolitical facts have a direct impact on business activities, both in China and\ninternationally.<\/p>\n\n\n\n
The case of Cathay Pacific<\/strong><\/h3>\n\n\n\nThe British airline was first called to order by Beijing following its support for the movement. However, although the management of Cathay Pacific has announced the end of its support for the demonstrations, it has not been able to stem the initiatives of its employees. Following this, the general manager of the group Rupert Hogg<\/a>, then its president John Slosar resigned<\/a>.<\/p>\n\n\n\nAn initiative moved from a CoCo employee to Hong Kong<\/strong><\/h3>\n\n\n\nCoCo Bubble Tea is one of the most renowned brands in China. Specializing in the manufacture of milk tea, it is a Taiwanese brand with banners in Taiwan, Mainland China and Hong Kong. A Hong Kong brand teahouse took the initiative to add a personal message<\/a> on the receipt of its customers: “\u9999\u6e2f\u4eba \u52a0\u6cb9”, literally, “courage to the Hong Kong people”. Although this is an isolated initiative, the distribution of photos of these receipts on the web has damaged the image of the brand. Although it has not been sanctioned by the Chinese government for the moment, many “mainlanders” (Chinese mainlanders) have called for his boycott and have deserted his salons.<\/p>\n\n\n\n![\"\"](\"http:\/\/www.shuo-digital.com\/wp-content\/uploads\/2019\/09\/HK-CoCo.jpg\")
Receipt of the CoCo sign to a customer with the mention “Hong Kong Courage” broadcast on Weibo. <\/figcaption><\/figure><\/div>\n\n\n\nEarly withdrawal of moon cakes from Taipan Bread and Cake<\/strong><\/h3>\n\n\n\nThe Hong\nKong brands do not suffer sanctions or reminders to the order of the government\nas long as none of their employees is involved in these pro-democratic\nmovements. However, the case of the brand Taipan Bread and Cake has shown that\nit no longer concerns only employees of the company but also the personal\ncircle of its leaders.<\/p>\n\n\n\n
Indeed,\nGaric Kwok, the son of the founder of the company, was reported to the Chinese\nauthorities. The latter has broadcast messages of support to the Hong Kong\nmovement on his personal Facebook page.<\/p>\n\n\n\n
Following\nthis, the brand’s products, mainly moon cakes at this time of the year, have\nbeen removed from the JD.com and Tmall.com merchant sites, as well as many\nsuperstores in Beijing, Shanghai, Guangzhou and Guangdong. Shenzhen. At\npresent, no press release to deliver these products has been released. What’s\nmore, Internet users have rejected Gary Kwok’s public apology and called for a\nboycott of the brand.<\/p>\n\n\n\n
![\"\"](\"http:\/\/www.shuo-digital.com\/wp-content\/uploads\/2019\/09\/HK-snowy-mooncake.jpg\")
“Snowy mooncake” is the brand’s flagship product and was removed from many shelves just weeks before the famous Moon Festival. <\/figcaption><\/figure><\/div>\n\n\n\nWhat precautions should be taken?<\/strong><\/h2>\n\n\n\nThe conflict between Communist Mainland China and its pro-democracy peninsula is just one example. It illustrates the impact of China’s domestic politics at the international level. In the past, similar cases have been reported about Taiwan<\/a> (removal of its name from “country” on travel sites), Tibet and repression of the country’s Uyghur minority.<\/p>\n\n\n\nTo prevent this political dissension from impacting the economy of a company, we strongly recommend that you carefully monitor<\/a> any Chinese political change and any conflict between China, its autonomous regions and other countries. An awareness of the company’s subsidiaries (both managers and all employees) at the national and international levels is also necessary. The aim is to reduce the risk of behavior considered as “delinquents” by the Chinese government (see the case of the CoCo Bubble Tea brand).<\/p>\n\n\n\n
Soon, young\nmilitants stormed the streets of Hong Kong. With a pro-democracy orientation,\nthey demand a withdrawal of the bill, as well as the right to universal\nsuffrage to elect the chief executive. But Beijing chose and imposed the\ncurrent head, Carrie LAM. Faced with the powerlessness of the Hong Kong\ngovernment in the face of these demonstrations, the central government has\nundertaken several demonstrations of force to discourage protesters. Power is\nalso gradually putting pressure on different business entities to reduce\ninternational support for Hong Kong.<\/p>\n\n\n\n
What are the consequences for international trade?<\/strong><\/h2>\n\n\n\nThese\npolitical facts have a direct impact on business activities, both in China and\ninternationally.<\/p>\n\n\n\n
The case of Cathay Pacific<\/strong><\/h3>\n\n\n\nThe British airline was first called to order by Beijing following its support for the movement. However, although the management of Cathay Pacific has announced the end of its support for the demonstrations, it has not been able to stem the initiatives of its employees. Following this, the general manager of the group Rupert Hogg<\/a>, then its president John Slosar resigned<\/a>.<\/p>\n\n\n\nAn initiative moved from a CoCo employee to Hong Kong<\/strong><\/h3>\n\n\n\nCoCo Bubble Tea is one of the most renowned brands in China. Specializing in the manufacture of milk tea, it is a Taiwanese brand with banners in Taiwan, Mainland China and Hong Kong. A Hong Kong brand teahouse took the initiative to add a personal message<\/a> on the receipt of its customers: “\u9999\u6e2f\u4eba \u52a0\u6cb9”, literally, “courage to the Hong Kong people”. Although this is an isolated initiative, the distribution of photos of these receipts on the web has damaged the image of the brand. Although it has not been sanctioned by the Chinese government for the moment, many “mainlanders” (Chinese mainlanders) have called for his boycott and have deserted his salons.<\/p>\n\n\n\n Receipt of the CoCo sign to a customer with the mention “Hong Kong Courage” broadcast on Weibo. <\/figcaption><\/figure><\/div>\n\n\n\nEarly withdrawal of moon cakes from Taipan Bread and Cake<\/strong><\/h3>\n\n\n\nThe Hong\nKong brands do not suffer sanctions or reminders to the order of the government\nas long as none of their employees is involved in these pro-democratic\nmovements. However, the case of the brand Taipan Bread and Cake has shown that\nit no longer concerns only employees of the company but also the personal\ncircle of its leaders.<\/p>\n\n\n\n
Indeed,\nGaric Kwok, the son of the founder of the company, was reported to the Chinese\nauthorities. The latter has broadcast messages of support to the Hong Kong\nmovement on his personal Facebook page.<\/p>\n\n\n\n
Following\nthis, the brand’s products, mainly moon cakes at this time of the year, have\nbeen removed from the JD.com and Tmall.com merchant sites, as well as many\nsuperstores in Beijing, Shanghai, Guangzhou and Guangdong. Shenzhen. At\npresent, no press release to deliver these products has been released. What’s\nmore, Internet users have rejected Gary Kwok’s public apology and called for a\nboycott of the brand.<\/p>\n\n\n\n
“Snowy mooncake” is the brand’s flagship product and was removed from many shelves just weeks before the famous Moon Festival. <\/figcaption><\/figure><\/div>\n\n\n\nWhat precautions should be taken?<\/strong><\/h2>\n\n\n\nThe conflict between Communist Mainland China and its pro-democracy peninsula is just one example. It illustrates the impact of China’s domestic politics at the international level. In the past, similar cases have been reported about Taiwan<\/a> (removal of its name from “country” on travel sites), Tibet and repression of the country’s Uyghur minority.<\/p>\n\n\n\nTo prevent this political dissension from impacting the economy of a company, we strongly recommend that you carefully monitor<\/a> any Chinese political change and any conflict between China, its autonomous regions and other countries. An awareness of the company’s subsidiaries (both managers and all employees) at the national and international levels is also necessary. The aim is to reduce the risk of behavior considered as “delinquents” by the Chinese government (see the case of the CoCo Bubble Tea brand).<\/p>\n\n\n\n
The British airline was first called to order by Beijing following its support for the movement. However, although the management of Cathay Pacific has announced the end of its support for the demonstrations, it has not been able to stem the initiatives of its employees. Following this, the general manager of the group Rupert Hogg<\/a>, then its president John Slosar resigned<\/a>.<\/p>\n\n\n\n CoCo Bubble Tea is one of the most renowned brands in China. Specializing in the manufacture of milk tea, it is a Taiwanese brand with banners in Taiwan, Mainland China and Hong Kong. A Hong Kong brand teahouse took the initiative to add a personal message<\/a> on the receipt of its customers: “\u9999\u6e2f\u4eba \u52a0\u6cb9”, literally, “courage to the Hong Kong people”. Although this is an isolated initiative, the distribution of photos of these receipts on the web has damaged the image of the brand. Although it has not been sanctioned by the Chinese government for the moment, many “mainlanders” (Chinese mainlanders) have called for his boycott and have deserted his salons.<\/p>\n\n\n\n The Hong\nKong brands do not suffer sanctions or reminders to the order of the government\nas long as none of their employees is involved in these pro-democratic\nmovements. However, the case of the brand Taipan Bread and Cake has shown that\nit no longer concerns only employees of the company but also the personal\ncircle of its leaders.<\/p>\n\n\n\n Indeed,\nGaric Kwok, the son of the founder of the company, was reported to the Chinese\nauthorities. The latter has broadcast messages of support to the Hong Kong\nmovement on his personal Facebook page.<\/p>\n\n\n\n Following\nthis, the brand’s products, mainly moon cakes at this time of the year, have\nbeen removed from the JD.com and Tmall.com merchant sites, as well as many\nsuperstores in Beijing, Shanghai, Guangzhou and Guangdong. Shenzhen. At\npresent, no press release to deliver these products has been released. What’s\nmore, Internet users have rejected Gary Kwok’s public apology and called for a\nboycott of the brand.<\/p>\n\n\n\n The conflict between Communist Mainland China and its pro-democracy peninsula is just one example. It illustrates the impact of China’s domestic politics at the international level. In the past, similar cases have been reported about Taiwan<\/a> (removal of its name from “country” on travel sites), Tibet and repression of the country’s Uyghur minority.<\/p>\n\n\n\n To prevent this political dissension from impacting the economy of a company, we strongly recommend that you carefully monitor<\/a> any Chinese political change and any conflict between China, its autonomous regions and other countries. An awareness of the company’s subsidiaries (both managers and all employees) at the national and international levels is also necessary. The aim is to reduce the risk of behavior considered as “delinquents” by the Chinese government (see the case of the CoCo Bubble Tea brand).<\/p>\n\n\n\nAn initiative moved from a CoCo employee to Hong Kong<\/strong><\/h3>\n\n\n\n
Early withdrawal of moon cakes from Taipan Bread and Cake<\/strong><\/h3>\n\n\n\n
What precautions should be taken?<\/strong><\/h2>\n\n\n\n