Then, there is Occupy Central with Love and Peace, which was organized by two university professors and a minister who have called on protesters to use Martin Luther King Jr.-like tactics of non-violent civil disobedience and have, Bush said, hinted at a willingness to deal with Beijing. The third faction is composed of business people, lawyers, politicians and professionals"moderate democrats," Bush said. They've appeared at protests organized by the other factions, and they've argued for an electoral system that would be somewhat controlled by Bejing, but still competitive. "China refused to consider that approach," he said.
Read MoreStocks open sharply lower on global unrest; data eyed
Hong Kong has a rich protest culture, Bush said. But typically, demonstrations are planned. Protesters coordinate with the authorities and with each other. But this weekend was different. "That's all out the window," Bush said. The students acted, so Occupy, which had planned to begin a protest next Wednesday, did, too. "Everyone's acting on the fly," he said.
What's Next?
It's unclear what this weekend's disorder will mean for Hong Kong, Bush said. Among protesters, there's been no softening of positions, he said, and Chinese authorities have supported the Hong Kong authorities' crackdown against them, according to Reuters.
Read MoreFutures fall to session lows on Hong Kong protests
For Beijing's 2017 electoral scheme to go into effect, it needs the support of two-thirds of Hong Kong's legislature. In the aftermath of the recent protests, that's unlikely, Bush said, so the old system of a 1,200-person committee of Beijing loyalists choosing Hong Kong's leaders could remain in place.
The central question, Bush said, is whether the protesters will be willing to return to the old regime. "Or will more and more opposition groups be willing and able to act outside the rules?" he said. "Then, what does the government do?"
Visit link:
Who are Hong Kong's democracy protesters?