Bloomberg Businessweek

Hong Kong’s Counter Revolutionaries

The striking red-and-white protest posters on the windows of a Hong Kong restaurant proclaim in Chinese, “Revolution Is No Crime! To Rebel Is Justified!” and “Carry the Revolution Through to the End.” Once meant to rally the proletariat in Mao Zedong’s China, they carry a new meaning in Hong Kong: The opposition to China’s clampdown on Hong Kong’s autonomy may be struggling, but it isn’t dead.

Across Hong Kong, among the thousands of restaurants, shops, and other small businesses participating in what’s known as the “yellow economy” in support of anti-government protests, signs of defiance have emerged in the weeks since Beijing officials imposed a sweeping new

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