Hong Kong Protesters Rage Against Corporate China's Growing Control

(Bloomberg) — The black-clad protesters pushing back against China’s influence in Hong Kong aren’t just focusing on Carrie Lam and the police. They’re also targeting mainland-based brands such as Bank of China Ltd., China Mobile Ltd. and Huawei Technologies Co. with fire bombs, metal bars and spray paint.A walk down the primary route used by Hong Kong’s anti-government marchers shows how big a chunk of the city China owns. Mainland-affiliated supermarkets, drugstores, hotels, Pacific Coffee stores and McDonald’s outlets — both franchises are operated by state-owned firms — pepper the vicinity of skyscraper-lined Hennessy Road, the downtown artery connecting the …read more

Source:: Yahoo Finance

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