Ex-World Bank chief Robert Zoellick says Hong Kong leaders have lost touch, warns of ‘dangerous situation’
- Former top US trade official laments the new view in Washington that cooperation with Beijing has failed, but remains optimistic the two powers can turn their ties around
- Americans are unnerved by China’s use of technology to monitor its population, Zoellick adds, and ‘many people in the US find it creepy’
Where are Chinese tourists going if they’re giving Hong Kong a miss?
The bill would require that the US sanction Chinese officials deemed responsible for “undermining basic freedoms in Hong Kong”. If it passes both chambers, it will go to Trump, who has the final decision on whether to sign it into law.
But Zoellick said any resolution of the crisis had to come from within Hong Kong’s legal framework under the “one country, two systems” formula by which the city was returned to Chinese sovereignty in 1997 and promised a high level of autonomy.
“I think there are pathways out of the problem but they require some goodwill and cooperation from all the parties involved,” said Zoellick, who was a US trade representative under former president George W. Bush.
Speaking for the keynote address at the Caixin event, which was attended by 200 professionals mostly from the finance and tech industries, he said no one benefited from an antagonistic relationship between Washington and Beijing.
But ironing out their differences would take time, especially on trade-related issues, Zoellick said, and the relationship had been made all the more complicated by disputes beyond tariffs.
Singapore class on dissent ‘not training for Hong Kong-style protests’
“I have to be open with you: when the Chinese political system uses technology to watch the public ... the best term I can use is – many people in the US find it creepy.”
Zoellick said a mix of discussions were needed with Beijing on everything from trade to security, as well as a fresh attitude from both parties.
“There is a new conventional wisdom [in the US] that American and Western cooperation with China has failed. I think this is flat wrong,” he said.
Polarised domestic politics in America under Trump’s controversial style of leadership have also become a stumbling block, making it difficult for any lawmaker to take a balanced position towards Beijing.
But Zoellick was optimistic the superpowers could turn their ties around. Citing a recent survey by the Chicago Council on Global Affairs, he pointed out that 68 per cent of American respondents had said they favoured cooperation and engagement.
“The public, while anxious about China, haven’t necessarily turned hostile,” he said.
“I sense, within the US, that this debate about confrontation is starting to turn somewhat towards the question of: ‘What will confrontation really accomplish?’”