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It would be truly revolutionary if China's leaders wholeheartedly embraced for China all that Hong Kong, a city in its prime, represents: freedoms, markets, prosperity.
"As presidents and their parties get anxious about holding on to power, they begin to prime the pump in the third year, fostering bull markets, prosperity and peace," reads a recent edition of the "Stock Trader's Almanac," the venerable perennial founded by Mr. Hirsch that collects financial tidbits, gentle market humor and reams of historical data.
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The son of one of the revered "Eight Immortals" who helped lead the party in the Mao and Deng Xiaoping eras, he pursued a place on the elite Politburo Standing Committee by turning Chongqing into a showcase for policies aimed at securing both market prosperity and socialist equality.
For instance, I recently returned to our hallowed playing fields to watch a Saturday gridiron bone-cruncher and was pleased as punch to see the new scoreboard with all the features of true mass-market prosperity: instant replay, standard Big 10 exclamations ("DE-fense," "Aw, SHUCKS") and canned music classics like the theme from "Jaws".
But they also sounded warnings that the expectations were too high and that the world might discover that Mr. Obama is hemmed in by some of the unyielding realities that had frustrated his predecessor, compounded now by the worldwide recession and what it has done to diminish America's reputation as a model of free-market prosperity.
Back to Powerful Peace Weapon: Free-Market Prosperity.
As the saying goes, "yi, liye (profits come from justice)", "qizha huishi, xinyu xingshi (fraud causes the market to crash, while trustworthiness brings the market prosperity)".
If seen separately, the emergence of this new transaction mode contributed to market prosperity, and the new business ethics also revitalized the market.
Stock market prosperity has created a sense of wealth and fueled a boom in house prices the likes of which haven't been seen since the 1970s.
The underlying fundamental strength of the economy and the financial backdrop of low inflation financial led to a decade of financial market prosperity.
Financial markets promised prosperity; instead they have brought hardship.Financial services are in ruins.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com