Is Tianenman 2.0 inevitable?

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From Jude Blanchette at the Center for Strategic and International Studies (CSIS) at the AFR:

Some argue that Beijing will ultimately refrain from the use of violence due to a concern over its global reputation or domestic blowback. Kerry Brown of King’s College London predicted: “Anything too dramatic is going to be quite a high cost. It will be called Tiananmen 2.0, and they don’t want that kind of reputational hit.”

Yet this fundamentally misunderstands the party’s long-running political calculus and how it interprets past events, including Hungary in 1956, Czechoslovakia in 1968, and even June 4, 1989. The great arc of CCP history – indeed, of one-party political systems in general – shows that international opprobrium and domestic blowback are manageable, if costly. The uncontrolled deterioration of political authority is not. And that’s exactly what Beijing sees in Hong Kong right now.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.