A vigil in defiance for the 1st time. To remember the Tiananmen Square massacre it comes to impose a National Security law on the 70 autonomous territory so cities democracy movement. Is inside story. Hello welcome to the program. Hong kong has held a candlelight vigil to remember the Tiananmen Square massacre every year for the past free decades its one of only 2 territories in china the other is macau where people can openly commemorate the chinese armys crackdown on democracy protests in 1989 but this year for the 1st time the memorial has been banned in both places police in hong kong cited the corona Virus Outbreak and restrictions on Mass Gatherings but some still defied the ban and gathered in the citys Victoria Park vigil organizers say the ban is an excuse to limit dissent. This is totally political motive a that the way you look at hong kong everything business as normal when you go to the subway is far more far more congested than any political gathering in hong kong so its
A vigil in defiance for the 1st time hong kong. To remember the talibans square massacre it comes as china for a pass to impose National Security laws on the semi autonomous territory so will the citys democracy movement. This is inside story. Hello welcome to the program and its. Hong kong has held a candlelight vigil to remember the Tiananmen Square massacre every year for the past free decades its one of only 2 territories in china the other is macau where people can openly commemorate the chinese armys crackdown on democracy protests in 1989 but this year for the 1st time the memorial has been banned in both places police in hong kong cited the corona Virus Outbreak and restrictions on Mass Gatherings but some still defied the ban and gathered in the citys Victoria Park vigil organizers say the ban is an excuse to limit dissent. This is totally political motive a that the way you look at hong kong everything business as normal when you go to the subway is far more far more congeste
A lot to the countrys fortunes we bring you the stories in developments that are rapidly changing the world we live in it breaks it down was a slogan that whatever the problem is of course jokes and counting the cost on which is iraq. A vigil in defiance for the 1st time in calling the bombs its a mule event to remember the chinaman square massacre it comes as china proposed to impose National Security laws almost semi autonomous territory so will the citys Democracy Movement so by this is inside story. Hello welcome to the program and its. Hong kong has held a candlelight vigil to remember the Tiananmen Square massacre every year for the past free decades its one of only 2 territories in china the other is macau where people can openly commemorate the chinese armys crackdown on democracy protests in 1989 but this year for the 1st time the memorial has been banned in both places police in hong kong cited the corona Virus Outbreak and restrictions on Mass Gatherings but some still defie
The enormous volatility, they shouldnt be. That is what our future looks like. For a look at the chinese economy and the chinese position around the world. Some American People think china is going to take over america as the leading power in the world. Blet me tell you, you are so fortunate. You have two wonderful neighbors in can darks in the south you have mexico. And you are separated by the rest of theworld, the Pacific Ocean and the atlantic. In china we have 14 neighbors. Two views on the Global Economy when we continue. Funding to for charlie rose is provided by the following captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Mohammed al arian is here, chief Economic Advisor from all yant, the corporate pert of pi m. C. O where he was previous the c. E. O. And a colleague for Bloomberg View and contributing edit for the New York Times. His latest book is called the only game in town, Central Banks, instability and avoiding the n
Happening in the policymaking side. There has only been one entity around the world Central Banks. They have taken a huge burden, well in excess of what they can deliver. Politicians have stood on the sideline leaving it up to the banks. Charlie youre saying Monetary Policy and fiscal policy was not effective because nobody could make it happen. Mohamed correct. And now, we are going to live with the consequences of having pursued too many objectives with an imperfect policy tool. Charlie what is left on the monetary side for Central Banks to do . Mohamed they need to get out of being the only game in town. If they dont, they will go from being part of the solution to being part of the problem. This generation and future generations will have an Economic Outlook that is much more dire than now. Charlie you explain this t concept. Tell me what it is. Mohamed the road you are on will end. There is no doubt the road we are on now which has been artificially supported by Central Banks wher