Chinese business owners left "post-storm aid meeting" with disappointment.
The government-held
post-storm aid meeting was a great disappointment ; Chinese business owners cried they "need
subsidies not loans"
10th Nov 2012
Our reporter Jacky Wong in
New York reports Sing Tao NY
Chinese Consolidated Benevolent Assoc. Mott st.
Many politicians and
representatives at all levels from government gathered in the auditorium of the
Chinese Consolidated Benevolent Association yesterday (9th Nov), introduced
various post-storm aid programs. The event attracted about 200 people from the
business community to attend, however the aid is just low-interest loans rather
than subsidies therefore many people felt disappointed. More importantly, the
business owners pointed out the Chinatown economy has been barely breathing for
10 years, future is not guaranteed even they made through this time.
Politicians and community agencies which taking government money need to
produce a long-term rehabilitation plan.
Although the business owners
have different backgrounds, but all have the same anger. The owner lady of
Bayard Street Old Sichuan Mrs. Chu already became very impatient when listening
to the loans introduction, at last she was the first who shot. She pointed to the speakers on stage
and yelled, "You talk a lot. But we don’t want loans. We need direct
subsidies. Just like that after 911, each of our employees received 500
dollars. We all are realistic." Her argument won approvals from many
business owners in the audience. In those, Chan Kin Yung said, "One needs
to pay back the loans. Everybody wants direct subsidies. Another added, banking
system in Chinatown reserves 60 hundred million cash for many years and the
fund is sufficient. Government procedures for loan application are complicated.
Who would take that difficulties rather than the easy approach?
Old
Sichuan restaurant owner, Mrs. Chu arguing with Councilmember Margaret Chin Sin Man
However, members of Congress
Velazquez pushed the problem to the Republican Party, said that she had made a
funding proposal in Congress but Republicans blocked it. She also said the new
session will start next week, and she will once again raised the subsidy plan.
Business owners are expected to be patient.
Margaret Chin reminded the
owners can come to her office if they need helps on the loan applications. To
that, the owner of Man Yau Stationery Lee Kwok Wai expressed with his
dissatisfaction, "If it is about to fill in the forms, we can do it on our
own on Internet." Or it is even easier to have these information printed
on the media. Because the losses including goods and profits are difficult to
estimate, everyone wants to know the way to go on. He also hoped that, by this
chance, the business owners are able to help each other and think about the
future together.
The
owner of Mottzar Kitchen Wong Suet Yu said, "if there is no plan, they have to
close the business and then lots of people will become unemployed."
In fact, the storm matter
indeed evoke people’s introspection about Chinatown economy. Issues such as
transportation policies failed to attract tourists and housing policies
crowding the middle class second-generation Chinese immigrants have cut these
two upscale consumer groups. While other Chinese communities have been set up,
the demands are diluted. However to solve these structural problems involves
the interests of several large bodies in Chinatown. Just as what a community
member Cheung Ying Ying said, “People holding vested interests don’t easily let
go."
Many representatives from
different community presented yesterday, including Director of the Business
Improvement District Wellington Chen Jok Chow whose achievements only limited
to street cleaning, Director of the Asian Americans for Equality Christopher Kui Yuen
Yee who became a large landowner in Chinatown benefited from parity house
policy, Chairman of the Chinese Chamber of Commerce Yue Kum Shan who claims
himself representing the interests of the commercial sector but did nothing for
years. The business owners’ views are worth to them to think about.