CHINA: Debts coming due.

via strategypage:

…major protests began in 2014 when China imposed restrictions on who could get elected to the Hong Kong government. China was seen as trying to ensure than only pro-China people were running Hong Kong and that was not popular with the locals.

The government is currently waiting out the protestors and refusing to meet any of their demands. Even the extradition law is still waiting to be revived, rather than completely withdrawn as protestors demanded. The current cycle of protests began on June 4th when Hong Kong was the only place in China were large groups could gather to commemorate the 30th anniversary of the Tiananmen Square massacre. Hong Kong is the only place in China where you can do a lot of things.

Read the entire assessment.

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h/t AB