Hong Kong protesters calling for massive ATM withdrawals


CONNELL: GUYS, VERONICA, CAROL, THANKS A LOT. MELISSA: STEPPING UP THE PRESSURE, PROTESTS IN HONG KONG TALKING ABOUT MASSIVE ATM WITHDRAWALS TO SEND A MESSAGE. SUSAN LI, MASSIVE BANK WITHDRAWALS, SUSAN?>>YOU DO HAVE A CAP AT THE ATM. 20,000 HONG KONG DOLLARS. SO YOU CAN ONLY TAKE OUT 2500 U.S. DOLLARS EACH TIME. SO FAR 400 PROTESTERS TAKING PICTURES OF THEM ACTUALLY WITHDRAWING THEIR MONEY. THE PROTESTERS SAY 9 MILLION HAS BEEN WITHDRAWN. NOT A LOT OF MONEY WHEN YOU THINK ABOUT THE ENTIRE ECONOMY OF HONG KONG. DON’T FORGET THAT PROTESTERS EXAGGERATE NUMBERS AS WELL. I WOULDN’T SAY THIS IS CATCHING ON IN THE CITY OF HONG KONG. WE SAW THOUSANDS MORALLYING IN THE HEART, THE FINANCIAL HEART OF THE CITY OF HONG KONG. IT WAS IN THIS PARK OUTSIDE OF THOSE ICONIC SKYSCRAPERS THAT DOT THE HONG KONG SKYLINE. NOW THIS HEADING INTO AN 11th WEEK OF PROTESTS. THIS WEEKEND WILL BE A BIG ONE SINCE THEY ARE CALLING FOR RATHER MASS RALLY, PRO-DEMOCRACY MARCH ON SUNDAY THAT SHOULD ATTRACT HUNDREDS OF THOUSANDS. THE LAST TIME THEY DID THIS TYPE OF MARCH WE HAD ONE TO TWO MILLION OF HONG KONG’S 7 MILLION RESIDENTS TAKING TO THE STREETS SO THAT IS SOMETHING TO WATCH. I SPOKE TO ONE OF THE STUDENT LEADERS TODAY, I ASKED THEM, THE INTERNATIONAL COMMUNITY IS ASKING THEM THEY WANT TO KNOW WHY YOU’RE DOING THIS. TAKE A LISTEN.>>WE DO NOT BELIEVE IN THE COMMUNIST PARTY, THE COMMUNIST PARTY IS EVIL. WE WON’T GO DELIBERATIONS WITH THIS COMMUNIST PARTY. WE DON’T HAVE FAITH WITH THEM. REPORTER: THERE ARE CONCERNS WHETHER OR NOT BEIJING MIGHT MILITARILY INTERVENE. PRESIDENT TRUMP SAID HOPES BEIJING TREATS HONG KONG PROTESTERS HUMANELY. I ASKED ONE OF THEM, WHAT DO YOU WANT THE PRESIDENT TO DO?>>WHAT I AM HEAR TO SAY, ASK DONALD TRUMP BE TOUGH WITH CHINA. BEING TOUGH IS THE ONLY LANGUAGE THAT TOTALITARIAN GOVERNMENT UNDERSTANDS. REPORTER: WE HAVE THE LATE, BRAND NEW VIDEO OF THE CHINESE MILITARY BUILD-UP ACROSS THE ALONG THE HONG KONG BORDER WITH CHINA. WE DO SEE AMASSING OF TROOPS AND TANKS, ARMORED PERSONNEL CARRIERS AS WELL. CHINA OF COURSE SAYS THESE ARE JUST EXERCISES. THIS IS IN PREPARATION FOR THE 70th ANNIVERSARY OF THE COMMUNIST PARTY’S FOUNDING. A LOT OF PEOPLE ARE MORE CONCERNED. I WOULDN’T SAY THE CHANCES ARE HIGH ACCORDING TO THE EXPERTS I SPEAK TO HERE IN HONG KONG BUT IS MORE, SHALL WE SAY HEIGHTENED CONCERN THAT CHINA MAY INTERVENE MILITARILY BUT A REMOTE CHANCE OF THAT, GUYS. MELISSA: SUSAN THANK YOU. CONNELL: WE’LL TALK MORE ABOUT THIS. JAKE PARKER, U.S.-CHINA BUSINESS COUNCIL SENIOR VICE PRESIDENT. GOOD TO SEE YOU. YOU HEARD WHAT SUSAN IS REPORTING THERE. YOUR CONTACTS ARE CERTAINLY IN THE BUSINESS COMMUNITY. WHAT IS THE BIG CONCERN FROM PEOPLE YOU’RE TALKING TO AS WE HEAD WHAT WE EXPECT TO BE A TENSE WEEKEND?>>HUMAN RIGHTS AND FUNDAMENTAL FREEDOMS ARE CORE VALUES OF BUSINESS, OUR BUSINESS EMPLOYEES AS WELL AS CONSUMERS. WITH ANY GROUP, WITH SIGNIFICANT OPERATIONS IN THE ASIA-PACIFIC REGION OUR MEMBER COMPANIES ARE WATCHING CLOSELY ACTIONS HAPPENING IN TAIWAN. THE ULTIMATE FOCUS FOR THEM THIS GETS RESOLVED PEACEFULLY. CONNELL: THEY’RE WATCHING CLOSELY HONG KONG AND ARE THEY MAKING ANY ADJUSTMENTS, ANY CHANGES TO THEIR PLANS RIGHT NOW OR IS IT JUST A WATCH, WAIT AND SEE FROM WHAT YOU’RE HEARING?>>CURRENTLY AT THE MOMENT, COMPANIES LOOK AT RISK MANAGEMENT STRATEGIES. OBVIOUSLY THE SHUT-DOWN OF THE HONG KONG AIRPORT CREATED DIFFICULTIES FOR INDUSTRY. HONG KONG HAPPENS TO BE A REGIONAL HEADQUARTERS FOR NUMBER OF COMPANIES THAT OPERATE IN THE ASIA-PACIFIC REGION. THEY’RE CAREFULLY EVALUATING THEIR SITUATION. THEY WANT THIS RESOLVED PEACEFULLY. CONNELL: THAT MOVE TO THE AIRPORT, IT WAS QUESTIONED STRATEGY WHETHER IT WAS BENEFICIAL TO THE PROTESTERS CAUSE OR DAMAGED IT BECAUSE WHAT JAKE BRINGS UP, INTERNATIONAL COMMUNITY HAS TO DEAL WITH DISRUPTIONS. OVER THE WEEKEND FROM WHAT YOU SAID, THEY WON’T BE THERE, RIGHT? THEY WILL BE IN OTHER PARTS OF CITY? SUSAN: THAT’S RIGHT. ON SATURDAY EVENING THEY WILL BE IN KOWLOON JUST ACROSS THE HARBOR HERE IN HONG KONG. ON SUNDAY IS BEING CALLED, DUBBED 8.18, AUGUST 18th, A MASS RALLY EXPECTED IN THE FINANCIAL HEART OF HONG KONG WHICH IS WHERE WE ARE. THEY WILL BE WALKING THIS LONG ARTERY FROM CAUSEWAY BAY ALL THE WAY TO CENTRAL WHERE THOSE FAMOUS SKYSCRAPERS ARE. THEY ARE EXPECTING A LOT OF PEOPLE TO COME OUT TO SUPPORT WITH A LOT OF PROMOTION AND SOCIAL MEDIA DOING CALLING BASICALLY PEOPLE TO THE STREETS. LAST TIME THEY DID THIS, I MENTIONED ONE TO TWO MILLION CAME OUT. THEY’RE EXPECTING HUNDREDS OF THOUSANDS. THAT IS A PRETTY BIG NUMBER. MAYBE THE DISRUPTION TO THE ECONOMY HAS TURNED GENERAL PUBLIC SENTIMENT. WE’LL SEE HOW SUPPORTIVE THE GENERAL PUBLIC IS TO THE HONG KONG PROTESTERS. CONNELL: THAT IS THE THING EVEN, JAKE, WITH THE STIMULUS PACKAGE, SUSAN BROUGHT THIS UP, MAYBE THEY WERE TRYING TO BUY OFF THE GENERAL POPULATION, THE GOVERNMENT, HERE ARE TAX REBATES AND SOME SUBSIDIES. YOU HAVE ALREADY THE DISRUPTION AT THE AIRPORT. IS THE THINKING FROM WHERE YOU SIT THEY CAN CONTINUE TO HAVE PUBLIC SUPPORT FOR THEIR CAUSE? THAT WOULD BE IMPORTANT IF THIS IS GOING TO DRAG ON FOR A WHILE?>>WE DON’T DEAL WITH THE PUBLIC IN HONG KONG AS MUCH BUT I CAN TELL YOU FROM THE BUSINESS PERSPECTIVE THEY’RE INTERESTED IN STABILITY. THEY LIKE STABILITY. THEY HATE UNCERTAINTY. AT THE MOMENT IN HONK COPPING, WHAT THEY’RE LOOKING FOR KEEP A PROFILE LOW, WATCH HOW THINGS UNFOLD AND KEEP EVERYTHING RESOLVED PEACEFULLY AND MOVE FORWARD THAT ALLOWS BUSINESS TO CONTINUE. CONNELL: YOU MENTIONED JAKE, HONG KONG BEING CENTER OF ACTIVITY IN THE REGION, A HEADQUARTERS FOR MANY COMPANIES WHAT IS THE IMPORTANCE — IT IS SEMIAUTONOMOUS REGION AS WE TALKED ABOUT OVER AND OVER AGAIN. GIVEN WHAT WE’RE GOING THROUGH WITH CHINA ON THE TRADE SIDE, WHAT IS THE REAL IMPORTANCE FOR COMPANIES IF THEY CAN’T OPERATE AS FREELY IN HONG KONG, WHAT DO THEY DO?>>IT IS IMPORTANT TO REMEMBER THAT THE HONG KONG-UNITED STATES POLICY ACT MUCH 1992 DOES GIVE HONG KONG SPECIAL STATUS FOR TRADE AND PERSPECTIVE ITS CITIZENS TRAVELING TO THE UNITED STATES. U.S. COMPANIES DO BUSINESS THERE BECAUSE OF ITS OPEN MARKET ECONOMY, BECAUSE OF ITS GEOGRAPHIC LOCATION AND FRANKLY PROXIMITY TO CHINA. CONNELL: RIGHT.>>WE HOPE THAT WILL CONTINUE GOING FORWARD BECAUSE ANY CHANGE IN THAT STATUS QUO WILL HAVE DETRIMENTAL AND DELETERIOUS IMPACT ON U.S. BUSINESS OPERATING IN THE ASIA. CONNELL: FINAL WORD TO YOU, SUSAN, TOMORROW IS A BIG DAY, SATURDAY, SATURDAY’S BIG DAY BUT SUNDAY IS THE REAL BIG ONE, RIGHT? SUSAN: SUNDAY IS THE REAL BIG ONE. I WOULD BE INTERESTED TO SEE HOW MANY TURNOUT. THAT IS A GREAT GAUGE HOW MUCH PUBLIC SUPPORT THEY HAVE. PUBLIC SUPPORT IS VERY IMPORTANT TO THE PROTESTERS. WE’RE STRETCHING INTO AN 11th WEEK OF PROTEST. THAT IS MORE THAN WHAT THEY SAW BACK IN 2014 WITH THE UMBRELLA MOVEMENT, WHEN THEY PRETTY MUCH SHUT DOWN ONE OF THE MAIN ROADS HERE IN HONG KONG. THEY CELEBRATED THAT TONIGHT. THEY SAID 68 DAYS. THAT IS A LONG ON GOING PROTEST HERE. THEY NEED THAT PUBLIC SUPPORT TO

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