Beijing blindsided by Hong Kong universal rebellion

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Here’s the chart that will get somebody’s organs harvested imminently in Beijing. The Hong Kong local elections:

What a smashing. Sinocism wraps it up nicely:

All indications are that Beijing is still trying hard to keep trade and Hong Kong tensions separate in the relationship with the US. There are more official denunciations of the US over Hong Kong, as well as a dressing down of the US Ambassador to the PRC on the topic, while at the same time there was yet another call between the two trade negotiating teams and official messaging around the possibility of that elusive phase one trade deal remains fairly positive.

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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.