China’s HK protest reaction risks damaging investor trust

According to an old Chinese saying, a small hole not mended in time will become a big hole that is much more difficult to mend.  The country’s ruling Communist Party doesn’t appear to be heeding it. Its increasingly nationalistic, authoritarian and intimidatory approach to Hong Kong’s almost three-month series of protests risks doing longlasting damage to China’s economic ambitions and international reputation. The latest incident to concern investors and Hong Kong citizens al…