Others Miseries and Hong Kong

kong: For many, it was a moment of clarity for the shared destiny as Hong Kong had just reunited with its motherland after being a long time British colony, according to Global Times China. More than two decades later, as the city grapples with months of political unrest, foreign profiteers, who seek to take advantage from others' miseries, appeared to be poised to strike again. But one, in particular, stands out about how the mainland helped the city in beating back foreign profiteers in the late 1990s. This was evident with US credit ratings agency Fitch Ratings Inc on Thursday downgrading Hong Kong as a long-term foreign currency debt issuer. Foreign aggression Completely disregarding the HKSAR government's robust efforts in containing the riots from damaging the core values of Hong Kong and in stabilizing the economy, Fitch lowered Hong Kong's rating to AA from AA and hinted bearish view on its growth. Only difference is that this time, they are facing a much more resilient Hong Kong economy and an ever more powerful Chinese mainland, which stands ready to help the HKSAR in defending itself against any aggression, political or economic, officials and business leaders said. (news.financializer.com). As reported in the news.