Monday, 25 May 2020

Beijing says it will unilaterally impose national laws in Hong Kong ‘without delay’ as thousands take to the streets in protest

Mary MeisenzahlBusiness Insider USMay 25, 2020

Anti-government protester holds a flag supporting Hong Kong independence. REUTERS/Tyrone Siu/File Photo
China’s foreign minister said that implementing anti-sedition laws in Hong Kong is now a “pressing obligation.”

This is a continuation of China’s attempts to increase control over Hong Kong following mass protests in 2019.
On Sunday, thousands of protesters faced tear gas and pepper spray from Hong Kong police.
Critics worry that the new laws could hurt Hong Kong’s independence and the city’s position as a financial center.
Visit Business Insider’s homepage for more stories.

As protests continued in Hong Kong, China pledged to impose new national security laws on the city “without the slightest delay,” reported Lily Kuo at The Guardian.

The laws, which would target anti-government protests, have become a “pressing obligation,” according to China foreign minister Wang Yi. On Sunday, thousands in Hong Kong broke social distancing guidelines in protests opposing China’s attempts to take greater control over the autonomous city.

Protesters chanted “Revolution of our time. Liberate Hong Kong,” “Fight for freedom, Stand with Hong Kong,” and “Hong Kong independence, the only way out,” Reuters reported, as police fired tear gas, rubber bullets, and pepper spray.

“The decision targets a very narrow set of acts that seriously jeopardize national security,” Wang said, denying that the law would be used against media and critics of the government. “It has no impact on Hong Kong’s high degree of autonomy and the rights and freedoms of Hong Kong residents or the legitimate rights, interests of foreign investors in Hong Kong.”
A protester makes a gesture during a protest on June 12, 2019 in Hong Kong China. Large crowds of protesters gathered in central Hong Kong as the city braced for another mass rally in a show of strength against the government over a divisive plan to allow extraditions to China. Anthony Kwan/Getty Images

The laws were first proposed last Thursday at China’s landmark “Two Sessions” legislative event, where the Communist Party sets out its program for the year ahead. They came in response to mass protests involving millions over several months in favor of Hong Kong’s autonomy in 2019.

White House national security adviser Robert O’Brien said this move could lead to US sanctions, according to the Guardian. He also said that the laws could make Hong Kong less attractive as a business hub in the region. US Secretary of State Mike Pompeo similarly condemned the new laws as a “death knell” for the city’s autonomy last week.



Editors Comments.
Lawrence, Editor Bali + World News & Views - 1,700,000 plus Pageviews.
President, General Manager of 15-year-old Pt. Bali Affordable Lifestyles International .
One of Asia’s best-known travel and real estate investment experts. 
We hope you're all doing well.

Unfortunately if you're living in Hong Kong right now your 
Not doing very well.
Your most urgent concern is no longer coronavirus it 
is your safety and your livelihood, in that order.
Your biggest question is The end of "One country, two systemsin Hong Kong.

According to Wikipedia:
"One country, two systemswas formulated in the early 1980s by Deng Xiaoping, 3rd Paramount leader of the People's Republic of China (PRC), during negotiations with the United Kingdom over Hong Kong. 

He suggested that there would be only one China, but that these regions could retain their own economic and administrative systems, while the rest of Mainland China uses the socialism with Chinese characteristics system. 

Under the principle, each of the two regions could continue to have its own governmental system, legal, economic and financial affairs, including trade relations with foreign countries, all of which are independent from those of the Mainland.

On Sunday As protests continued in Hong Kong China "pledged to impose new national security laws on the city without the slightest delay,”.

According to a recent  CNN Article

"One only need to look across the border at mainland China to get a glimpse of how "national security" -- broadly and vaguely defined -- can be used as a convenient pretext for the political prosecution of dissidents, activists, human rights lawyers and journalists.
Nobel Peace Prize laureate Liu Xiaobo, for example, was sentenced to 11 years in prison for "inciting subversion of state power." Prior to his arrest, Liu helped draft a manifesto calling for democracy and political reform in China.

So the bottom line is the "One country, two systems" may be coming to an end.

Along with that may come the end of large international companies & banks choosing Hong Kong as their head office.

It will definitely mean the end of many foreign expatriates choosing to live in Hong Kong, unless they are okay with living under socialized government.

"Hong Kong, bitcoin of the real estate market".
A few years ago I coined the term that Hong Kong is the bitcoin of the real estate market because it keeps on going up even though it does make sense to buy anything there.

Achieving a positive cash flow on a rental there is near impossible anymore.

And now you have the possibility of abundant expatriates and even Hong Kong nationals leaving therefore diminishing the the demand and  creating an inverted price curve for real estate.

This could very well be the start of an exponential downturn in real estate in Hong Kong.
If I was a  expat living there as several of my friends are I would be concerned about living under socialized system an the safety of my family.
The freedoms I grew up with such as right of speech will be questionable under the new laws.

I would certainly be seeking greener pasture.

Bali the greenest pasture of all.

If I still wanted to live in Asia at about 70% less with cleaner air and a very open society with  freedom of speech and a very healthy environment and one of the lowest coronavirus rates in the world I would seriously be considering moving to Bali.
 
 Especially if I am approaching retirement age and am a baby boomer who wants to reduce my cost-of-living.
We are only 5 to 5 1/2 hours away from Hong Kong so we can still return to visit friends and relatives.

In fact when you move here you will find they will all want to come and visit you.

For further information on purchasing real estate and living in Bali take a look at my recent real estate video. 

Also take a hard look at our Bali  Luxury Retirement Villas starting at $184,000 for a two bedroom room Villa that would cost On Million in Hong Kong.


    Bali Luxury Retirement Villas

    Only 2.98 Milyar (* $184,888 U.S.D. or$268,888 Aus.)


    You may now Invest, Vacation or retire full time or part-time in Bali while achieving very handsome returns with this freehold property for Indonesian buyers or over 80 years of leases for Foreign Buyers included in the purchase price starting at USD 184,888.
    Pretty well everything you need to know including location, prices, and designs plus information on Bali and Bali retirement visas is available on our web site https://www.baliluxuryretirementvillas.com.

     
    These brand-new luxury retirement villas are located only 200 m or a three minute walk from one of the best beaches on the east coast of Bali.
    Swimming, snorkeling, surfing, horseback riding, and several new high-quality beach clubs are within walking distance.
    The following Information is available on our website:

    Features of © Bali Luxury Retirement Villas as low as * $184,888.

    •100% legal for foreigners.
    • Includes leases totaling 80 yrs.
    • Private carport included.
    • Private 8 m (27 Ft.) pool** for leisurely laps.
    • Only 200 Mtr. To a fabulous beach, restaurants, beach clubs.
    • Great investment for you and your heirs.
    • Private Housekeepers & drivers, only $200 MTh.
    • Healthcare at a fraction of Western costs.
    • Brand-new hospital within five minutes.
    • Award-winning International Airport 35 min.
    • Proximity to Sanur, Ubud, Denpasar.
    • Walking distance to affordable restaurants and beach clubs
    • Shared low costs of pool man and gardeners.
    • Minuscule monthly common area fees.
    • Managed by 15-year-old, Hall of Fame award-winning management company.
    • *Price of the least expensive villa in U.S.D. after $10,000 Discount for the first two villas only. Subject to change without notice.
    Developed and managed by 14-year-old Hall of Fame award-winning Bali company.
    Our 15-year-old Bali company Pt. Bali Affordable Lifestyles International (PT. B.A.L.I.) with over 100 + staff and thousands of satisfied clients guarantee completion of any villas purchased now in 2020.
    We are a Ten-Year Consecutive “Certificate of Excellence” recipient on the World's Largest Travel Site and was awarded their "Hall of Fame Award", in 2019. This is awarded to only 2 % of the Hotels & Villas listed on TripAdvisor Worldwide"
    Summary:

    These villas offer you an opportunity to own a luxury home on arguably the Best Island in the world with some of the greatest weather, lowest cost of living, clean air, and friendliest people.

    Profit Now Move in Later:
    You may not be ready to pack up and move to Bali in the next few years.

    So, you may purchase now at these ridiculously low prices and we can normally rent them out for you for a monthly income of $1,500 to $2,000 U.S.D. per month.
    Our 15-year-old “Hall of Fame” the award-winning management company that manages villas for V.I.P.s such as the former director of General Electric and Ritz Carlton can provide substantial net monthly income to supplement your pension while providing a carefree rental unit.

    Confused? We understand that you may have concerns that we may not have even thought of, so feel free to ask whatever questions you wish.

    We do not want you to even think about purchasing our © Bali Luxury Retirement Villas unless you are 100% convinced that they are safe, and perfect for you and your family.

    Limited Offer: Save $10,000:

    As with any new project we are anxious to sell the first few villas.We have one already on hold and are only willing to offer one other villa at a $10,000 discount. First come first serve.

    Free Stay in Luxury Estate:

    If you wish to fly over and see the location first after you place a USD $2,000 Deposit we will offer you free accommodations in a 4 bdrm, 5 bath luxury beach view estate with a private 14 m pool for three days within walking distance of the location.

    When you decide to conclude the purchase, we will extend the free estate accommodation for an additional four days.

    Should you decide not to continue with the purchase we will refund your $2,000 Deposit minus $200.00 for the three-day stay.

    Thank you for taking the time out of your busy schedule to review this information and information on the website. If there is any further information we can provide you please do not hesitate to ask.


    Cheers, THE SALES TEAM © Bali Luxury Retirement Villas

    PLEASE CALL OR EMAIL US: Tel: 62-361-284069 Mobile or Whatsapp 62-812-3814014 Email: infoBLRV@gmail.com

    P.S. We also have several larger villas available from two-bedroom to four-bedroom starting as low as $158,888. www.baliluxuryvillasales.com

    Save $100,000 On Huge Estate  

    Only $488,888 Freehold or 80 year leases

    For those of you that want to live in luxury for a fraction of Western costs we have this magnificent four bedroom five bathroom 450 m² luxury estate with a private beach entrance in a beachfront complex with views to die for.



    Please contact us if you wish for further information. Tel: 62-361-284069 Mobile or Whatsapp 62-812-3814014 Email: infoBLRV@gmail.com
    Are you tired of traditional investments such as banks and bonds that only offer 1%- 6% per year, which may not keep pace with the real inflation?
    Do you want to become rich the way over 60 % of self-made multi-millionaires did?

    “Become rich the way over 60 % of self-made multi-millionaires did?”

    According to PT. B.A.L.I., one of Bali's leading real estate experts for the past 14 years, who have thousands of satisfied clients, this is the “Second best time to purchase Bali Real Estate this century”.

    “Second best time to purchase Bali Real Estate this century”.

    Recent recent clarification of Bali real estate laws for foreigners allowing them to obtain control of Bali Real Estate for more than normal life is creating a huge new demand for Indonesian and Bali Real Estate.

    Coupled with the fact that Bali Real Estate has recently undergone the first correction in modern history with prices down as much as 50 % this may have set the stage for *increases of 20 % to 100 % in the next three to five years.

    Free Bali Real Estate Seminar Video:

    Whether you are a buyer, seller, broker, agent, investor, lessor or renter you can benefit from viewing PT. B.A.L.I’s latest Free Bali Real Estate Seminar Video filmed just a few months ago.

    At this seminar PT. B.A.L. I’s Canadian President, a 23 yr. Bali resident, who is married to a fully Licenced Indonesian Notaris reviewed the most recent real estate laws for Indonesians and Foreigners in detail.

    He also discussed the Past, Present, and Future of Bali Real Estate.

    Click Here to view the latest Free Bali Real Estate Seminar Video
     Free Seminar Topics:
    During this Free Bali Seminar Video you will learn about:
    >The Past, Present and Future of Bali and Indonesian real estate.

    >Why a recent official clarification of foreign ownership laws allows foreigners to totally control Indonesian properties for up to 80 years.

    > How to avoid legal problems and make sure a property is safe.



    > How to avoid complicated real estate laws - Indonesians married to foreigners.


    > Why this is the second-best time to buy this century.


    > Where are the best locations to buy for maximum profits?

    > What type of properties will offer the best potential of *10% to 20 % per year?

    > Discover how you can sell your property fast for the highest prices and lowest commissions.

    > An opportunity for a free listing on B.A.R.E.

    > First Class Beachfront property at almost 50% discount.

    > A Quality 5,000 m2 Bali Hotel with 12 bungalows, 3 pools, and Restaurant for only $588,000.

    > Low-cost properties with Luxury Villas starting as low as $158,888 for a three-bedroom 650 m² 3-bedroom, 4 - bath with private 9 - meter. Pool in Sanur.

    > Ridiculously low-priced ocean view building lots starting as low as $25,000 for 500 m².

    > Brand New Bali Luxury Retirement Villas starting at 



    Note from The Seminar Speaker:


    Since many of you have busy schedules and are unable to attend our seminars we think you will find our latest Free Bali Real Estate Seminar Video provides an exceptional education that will help you understand Bali real estate laws and allow you to make some substantial profits from Bali real estate investment.

    After living in Bali for 23 years and running a Development and Real Estate Company for the last 18 years plus the fact that I'm married to a full lead licensed Notaris I think you will find that everything that you need to know about Bali Real Estate is covered in this timely seminar.

    So, what have you got to lose? It’s Free and very Educational.
    Click Here to view the latest Free Bali Real Estate Seminar Video

    Feel free to contact me directly for a free private consultation at my office in Sanur.

    Lawrence B.M.B, Owner, President, Director

    Tel or Whatsapp +628123814014 Email: lawrenceptbali@gmail.com.

    Free one-hour legal consultation:
    For a free one-hour legal consultation you may contact my Partner & Wife Azizah regarding anything from Indonesian Laws, Establishment of legal companies, securing proper visas, Marital contracts including prenuptial's post nuptial’s, etc.


    Tel or Whatsapp +628113864993
    Email: balinotarisazizah@gmail.com
    Head Office: Jl. Karangsari # 5, Sanur, Bali, Indonesia 80228 Tel. Office: 62-361-284069 Fax: 62-361-270143,
    Mobile: or Whatsapp: English: 62-8123814014 Bahasa Indonesia: 62-8113864993 Email: lawrenceptbali@gmail.com Skype: baliagents

    Bali Paradise Beach Estates

    Coronavirus Special.


    Starting at a $8.00 Per Person a

    70 -80 % Discount

    Enjoy this 450 m2 Four-bedroom, Five bathroom Estate in a quite beachfront complex all to yourself.

    Live your dream and wake up to the sound of crashing waves and an amazing view of the sun rising over the Channel Islands.

    The stunning 3,200 MTR. Mt. Agung, Volcanic Mountain will reach out and touch you most mornings.

    It Is located on a Beach named by the locals as Pantai Purnama which mean Full Mean Beach.

    If you book during a full moon you will understand why.
    This estate is ideally located only 15 minutes from Sanur and 25 minutes from Ubud, two of Bali's top five resort areas. 

    The view from this estate 

    Enjoy your own private walkway to the beach. Magical walks on the remote beach which runs for 30 km and the sound of exotic birds will make you never want to leave.

    Built by Award Winning Bali Developer:

    This luxurious estate was built a few years ago by one of Bali's leading luxury Villa developers. 
    He spared no cost and installed solid marble flooring, kitchen tops, and bathroom fixtures.
    A key feature of the estate is a 14 meter, 45 ft. private swimming pool which has several areas for children. This will keep you in shape and healthy during this difficult time plus provide hours of pleasure for you and your family. A Gardener and Pool Man is included.
    First-class furniture, beds, and bathroom fixtures can be enjoyed throughout.


    A two-person Jacuzzi tub compliments the huge master bedroom. 

    Guest access: 
    Guests can freely walk about the almost 1 Hectare complex which includes private access to the beach.

    Other things to note:

    Whether you rent one bedroom or four bedrooms you will have private use of the entire four-bedroom estate including a private 14 m swimming pool. 

    100% Privacy:

    The ground floor with the pool and the gardens are completely enclosed by a high wall which gives you 100% privacy and security.


    There is only one other estate in this complex at this time.
    Beautiful Saba River Only five minutes walk.
    Best of all the only other Estate in the complex is owned by the owners of this rental estate Aziah and Lawrence.

    Lawrence is an experienced 17-year Bali hotel manager and his wife is an Indonesian Notaris.

    Lawrence is a Superhost on Airbnb. Superhosts are experienced, highly rated hosts who are committed to providing great stays for guests. They also have the Hall of Fame award from Tripadvisor.

    The Owners Lawrence and Notaris/Spouse Azizah at their home at Bali Paradise Beach Estates

    Interested parties please contact me. Lawrence, directly at 62-8123814014 Email: lbptbali@gmail.com or our Rentals Manager Yanthi at +62 815-5890-0389 or our Reception at PT Bali Luxury Villas at 62-361-284069

    Prices are up to 70 % off Normal for the next few Months. Start at $8.00.
    *Prices does not include 11% tax or electricity.

    Limited Villas Book Now to Avoid Disappointment:

    Interested parties please contact me. Lawrence, directly at 62-8123814014 Email: lbptbali@gmail.com

    Or our Rentals Manager: Yanthi at +62 815-5890-0389 or our Reception at PT Bali Luxury Villas at 62-361-284069

    Korean buyers pursue overseas acquisitions despite pandemic related disruptions - CBRE

    Korean buyers are continuing to pursue opportunities abroad as they retain a long-term strategic focus on global real estate investment, acc...