“Stability is the foundation of economic development just as rule of law is the foundation of civil society. Instability in Hong Kong, like instability anywhere, retards economic growth.” Dr. Robert Lawrence Kuhn told People’s Daily.
The China expert continued to stress that “it is understandable that leading Hong Kong entrepreneurs have criticized the violence, which directly impacts the value of their assets, especially real estate. Some wonder why it took them so long.”
Dr. Kuhn is an American public intellectual, international corporate strategist and investment banker. Over the past decades, he had put his focus on China and has been a media commentator on China’s politics and economy.
Dr. Kuhn didn’t hide his disagreement with the current claims by some in the West that China's Central Government is trying to control Hong Kong in a more repressive way.
“Those who claim that China’s central government seeks to control Hong Kong in a more repressive way betray their lack of understanding of China. Hong Kong’s role has been a vital portal for multinational corporations to do business in China, building China's economy, strengthening China’s technology. Why would China want to jeopardize that?”He noted.
In a recent article, shared by himself to People’s Daily, Dr. Kuhn wrote that “looking forward, Hong Kong is China and will remain China.” He also stressed that he continues to believe that “the Central Government seeks the best for Hong Kong, stressing social stability, essential for economic development, and rule of law, essential for social development.”