本期节目邀请了东亚事务专家洪浩峰教授，探讨了即将在G20峰会上进行的中美贸易谈判，以及习近平面对香港持续抗议的挑战。洪浩峰教授是约翰·霍普金斯大学政治经济学教授，著有《具有中国特色的抗议》等两本关于中国的书籍。节目重点讨论了香港抗议事件对香港未来和中港关系的影响，并回顾了香港历史，从鸦片战争和1842年南京条约签署，英国永久割让香港岛及其周边小岛开始。节目还探讨了香港政府此前犯下的错误，导致类似的起义，包括2014年的雨伞运动和2003年因基本法第二十三条而引发的抗议。此外，节目还探讨了人民币与美元挂钩、中国债务问题、一带一路倡议和中国工业游说等问题。洪浩峰教授提出了中国如何在经历了数十年的持续增长和巨额信贷扩张后避免经济全面崩溃的路径。

💬 **香港抗议事件的背景和影响:** 香港抗议活动始于2019年6月，起因是香港政府提出的引渡法案，该法案允许香港将被控犯有罪行的罪犯引渡到中国大陆。抗议者认为该法案将损害香港的司法独立和公民自由。抗议活动规模巨大，对香港社会和经济产生了重大影响，也对中港关系造成了压力。

📂 **中美贸易谈判的背景和影响:** 中美贸易谈判是当前国际关系中的重要议题。两国之间的贸易摩擦已经持续了一段时间，对全球经济产生了负面影响。G20峰会上的贸易谈判是双方解决贸易争端的重要机会。香港抗议事件可能会对中美贸易谈判产生一定的影响，因为美国可能会将香港问题纳入谈判议程。

📲 **中国经济面临的挑战:** 中国经济近年来面临着许多挑战，包括债务问题、增长放缓和贸易摩擦等。香港抗议事件可能会加剧中国经济的不确定性，因为事件可能会影响香港的投资环境和经济活动。

📷 **中国政府的应对措施:** 中国政府对香港抗议事件采取了强硬的立场，并试图压制抗议活动。政府还采取了一系列措施来应对经济挑战，包括刺激经济增长和加强金融监管等。

📰 **香港抗议事件的未来走向:** 香港抗议事件的未来走向尚不明朗。抗议活动可能会继续，也可能会出现新的挑战。中国政府和香港政府需要采取措施来解决事件背后的深层次问题，才能最终解决危机。

In Episode 92 of Hidden Forces, Demetri speaks with East Asian affairs expert Ho-Fung Hung about the upcoming US-China trade talks taking place at this weekend’s G20 summit, as Xi-Jinping grapples with the ongoing protests in Hong Kong. Ho-Fung is the Henry M. and Elizabeth P. Wiesenfeld Professor in Political Economy at Johns Hopkins University, as well as the author of two books on China, including the award-winning “Protests with Chinese Characteristics,” published in 2011. 

On June 16th, 2019, an estimated 2 million people took to the streets of Hong Kong to protest the handling of a proposed extradition bill by the Hong Kong government and its Chief Executive Carrie Lam. This followed two massive demonstrations against the extradition bill earlier in the month, including one where police used pepper spray and tear gas against protesters. The controversial bill would allow Hong Kong to extradite to the mainland those accused of crimes under the People’s Republic of China’s Communist Party-led legal system. While Hong Kong Chief Executive Carrie Lam has suspended the bill, she has refused to withdraw it. 

In this episode, we discuss what the protests mean for the future of Hong Kong and what they say about Hong Kong’s relationship with mainland China. This includes an exploration of Hong Kong history going back to the Opium Wars and the signing of the Treaty of Nanking (Nanjing) in 1842, which ceded the Hong Kong island with surrounding smaller islands, to the United Kingdom in perpetuity. 

Hong Kong activists have raised more than HK$5 million ($640,606) in a crowdfunding campaign to take out newspaper ads in a bid to get this controversial extradition bill on the agenda at the G20 summit. We discuss the details of the extradition amendment, but also consider prior offenses by the Hong Kong government that led to similar uprisings. The Umbrella Movement of 2014 is perhaps the most recent, but Ho-Fung and Demetri also discuss the 2003 protests that were then inspired by similar concerns over Basic Law Article 23 that threatened to roll back important civil liberties like freedom of speech. 

In addition to the recent Hong Kong protests, Demetri and Ho-Fung Hung spend the duration of the overtime in a conversation about the RMB-USD peg, China’s debilitating debt problem, the Belt and Road Initiative, and the China industrial lobby. Ho-Fung provides a path for how China may manage to avoid an all-out economic collapse after decades of uninterrupted growth and massive credit expansion. This part of the conversation, along with the transcript and rundown to today’s episode can be accessed through our Patreon page at http://patreon.com/hiddenforces.

Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

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