Nothing Xi has done in the past year with Hong Kong has been smart. It’s short termed decision making, optimised for his political survival over the country’s long-term interests.
When dictators’ economies slow, they tend to pick from one of two handbooks: scapegoating a minority or launching pointless wars.
Most Hong Kongers, until recently, identified as Chinese moreso than Hong Konger. The transition in 2047 would have been uneventful.
Now, Hong Kong is pissed off. Taiwan has seen the writing on the wall. China’s multi-decade integration strategy must be rethought because Xi didn’t think he could survive Hong Kongers criticising his leadership.