Cadence Column: Asia, July 3, 2017

China Daily Mail

Cadence Cadence

China views Hong Kong as a doorstep between the world and largely otherwise closed China. This week, investment highways opened, allowing easier offshore investments in China’s bond market. At the same time, the world gets a glimpse into Chinese dealing through Hong Kong. Like the proverbial cat chasing the laser pointer dot—who never figures out what’s going on—Western culture’s action and interpretation will always confound the Chinese.

As the West believes, if you want to change the world map, you must ask the world’s permission first. It’s even the law China is bound to as a member of the UN. But, in Chinese culture, whoever makes an assertive move first will automatically scare everyone else in the room to ignore any other decorum, rules, or even laws, and accept the assertive party as the emperor of the room for the time being. Building artificial islands, installing military airport equipment…

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