Military crackdown in Hong Kong could be disastrous for China [CNN]
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Source: CNN
A military crackdown in Hong Kong would backfire on China's economy As Hong Kong's pro-democracy protests grow in frequency and intensity, the commander of the city's PLA garrison spoke about the demonstrations for the first time last week , saying that violence "should not be tolerated." Since then Hong Kong has witnessed another five consecutive days of mass protests, which have shut down stores, disrupted air travel and led to clashes between police and demonstrators. The Hong Kong stock market had its worst day in months on Monday. While there has been no indication yet that Beijing is planning to deploy troops to restore order, the fear of PLA intervention has spread through the city and triggered memories of the brutal 1989 Tiananmen Square crackdown . But a decision to put PLA boots on Hong Kong streets would be "unimaginably detrimental" to the city and its economy, said Willy Lam, adjunct professor at the Chinese University of Hong Kong. The stock market would likely crash,
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