1989 Tiananmen Square protests brand of authoritarianism and is prominently discussed in Hong Kong's political circles, often in relation to democratic reform in Hong Kong and the territory's relationship with Beijing. Academic studies indicate that those who supported the rehabilitation of the Tiananmen Square movement had a tendency to support democratization in the territory as well as the election of pro-democracy parties. There was a significant impact on the Chinese economy after the incident. The ramifications of the Tiananmen Square protests led to changes in China's economic direction, and these reverberated not only internationally, but also domestically from within the Chinese government themselves. These
Funding of student organizations during the 1989 Tiananmen Square protests May the students established a new organization called Defend Tiananmen Square Headquarters to manage Tiananmen Square. Because of the intense conflicts among movement activists, General Headquarters had great difficulty getting money out of the BSAF. The rivalries between the different groups and the absence of financial management resulted in allegations of corruption. Student leaders were even suspected of corruption. Thousands of (US) dollars of contributions, mostly from Hong Kong, had been flowing into the student organizations’ coffers, but no accounting had been done. The BWAF accused the student leadership of financial misappropriation; they claimed that the students had taken in