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The Intelligence from The Economist

PLA a part? Hong Kong’s growing unrest

The Intelligence from The Economist

The Economist

News, Global News, Daily News

4.53.7K Ratings

🗓️ 6 August 2019

⏱️ 22 minutes

🧾️ Download transcript

Summary

China’s central government held another press conference to address increasingly chaotic unrest in Hong Kong. A close listen reveals language that may be presaging a military intervention. There’s much to be said for employee share ownership—but a push from left-leaning politicians to mandate its availability is creating controversy. And, the dirty secret behind the exorbitant costs of music-gig tickets.


Additional audio courtesy of cgeffex from Freesound.org.


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Transcript

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0:00.0

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leaving us paralyzed when we need to act.

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0:46.0

Hello and welcome to the Intelligence on Economist Radio. I'm your host Jason Palmer.

0:52.0

Every weekday we provide a fresh perspective on the events shaping your world.

0:59.0

Employee share ownership seems like a great idea. Workers get a piece of the pie that they're helping to make.

1:06.0

They earn more and stick around longer. But there's a push by some on the left to make the scheme mandatory.

1:12.0

Others worry that sounds more like socialism than capitalism.

1:16.0

And if you can't get a ticket to a music concert at face value, well, good luck to you.

1:23.0

You'll be paying ticket resellers and arm in a leg. Part of the problem is that they are getting their tickets on the sly from the bands themselves.

1:38.0

First up though.

1:41.0

In Hong Kong yesterday, demonstrators mounted their fiercest challenge yet to the government.

1:46.0

An escalation of two months of protest.

1:50.0

Civil servants went on strike, paralyzing public transport and halting flights into and out of the territory.

1:57.0

Evening demonstrations have grown more violent and police are responding in kind.

2:02.0

It's clear they're using more rubber bullets and tear gas to contain the protests.

2:07.0

Fears are growing that as the unrest spreads, the central government in Beijing may choose to intervene.

2:13.0

Sending in the garrison of troops it maintains in the territory.

...

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