@RupertLowe10 Foreign residents also pay taxes and 35% of NHS doctors and 27% of nurses are foreign nationals (that doesn’t count the children of foreigners).
Immigration seems to have had some significantly positive effects too so.
@balajis This is not news. HK has always been a freeport with a large non-Chinese population.
You’re conflating HK with the rest of China. While technically part of China, HK has its own borders, immigration policy and laws separate from the mainland. They even have their own passport.
@balajis China is also bipolar. Their pendulum swings like everyone else’s. Their current status is shit. Number of foreign visitors and residents has shriveled due to Xi’s barbaric, moronic Zero Covid policy. Their loosening borders to tourism is their attempt to revitalize tourism.
@Kathleen_Tyson_ This is the stupidest take ever. Deflation there means the same as everywhere else.
Consumer sentiment is in an ice box and revenues are shriveling. That’s why they’re breaking the 3% deficit rule to provide the biggest stimulus ever.