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  • July 11, 2014
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  1. News - China - ECONOMY

    Guangdong still in frame for free-trade zone, deputy commerce minister says

    Posted Jul 01st 2014, 03:45am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Deputy commerce minister Gao Yan denies all plans for such zones on hold Guangdong free-trade zone next in line Guangdong is Beijing's top priority to become China's next free-trade pilot zone after Shanghai, the Ministry of Commerce said yesterday. "Setting up a free-trade zone trial in Guangdong is one ...

    http://www.scmp.com/news/china/article/1543937/guangdong-still-frame-free-trade-zone-deputy-commerce-minister-says
  2. Business - Economy - ECONOMY

    Joining trade pact to boost China growth

    Posted Jun 25th 2014, 02:37am by Bloomberg

    ... Bloomberg in Beijing Central bank's chief research economist believes China must join Trans-Pacific Partnership talks Joining trade pact to boost growth rate China would add about 2 percentage points to annual economic growth by joining a Pacific trade pact in the view of the central bank's chief research economist. The country should join negotiations on the Trans-Pacific ...

    http://www.scmp.com/business/economy/article/1539896/joining-trade-pact-boost-china-growth
  3. News - China - ECONOMY

    US Treasury secretary leaves talks with China pledge to reduce currency intervention

    Posted Jul 11th 2014, 04:36am by Victoria Ruan

    ... whether rates will go up or down. But [that] they are increasingly driven by the market with less and less intervention is a good thing." China recorded another month of significant trade ... to "vigorously" prosecute cases of trade secrets theft as part of its efforts to improve intellectual property rights protection, he said. Separately, Vice-Premier Wang Yang said the two sides had ...

    http://www.scmp.com/news/china/article/1551487/us-treasury-secretary-leaves-talks-china-pledge-reduce-currency
  4. News - China - ECONOMY

    Parallel traders shrug off 15-day border crackdown

    Posted May 30th 2014, 03:57am by He Huifeng

    ... border trade For years, the cross-border checkpoint between Sheung Shui and Shenzhen's Luohu has been chaotic as thousands of "parallel traders" pass back and forth laden with goods. Now the authorities are fighting back with a 15-day campaign that started on Tuesday to crack down on the illegal trade. The traders say the move is futile- they vastly outnumber officials ...

    http://www.scmp.com/news/china/article/1521204/parallel-traders-shrug-15-day-border-crackdown
  5. Business - Economy - ECONOMY

    World Bank chief backs launch of BRICS bank

    Posted Jul 09th 2014, 05:20am by Victoria Ruan

    ... on trade and investment to favour domestic consumption. "When you are making the kind of changes that the Chinese government is going through, it should not surprise anybody the growth has ... States strategic and economic dialogue due to start today in Beijing, Kim said the two leading economies had many common interests and concerns to share, including climate change, trade ...

    http://www.scmp.com/business/economy/article/1549975/world-bank-chief-backs-launch-brics-bank
  6. News - China - ECONOMY

    Beijing suspends free-trade zone applications after nationwide frenzy

    Posted Jun 05th 2014, 05:07am by ANDREA CHEN AND MIMI LAU

    ... Andrea Chen and Mimi Lau in Guangzhou Beijing suspends free-trade zone applications The central government has suspended applications for new free-trade zones (FTZs) in an attempt to cool ... Post: "Some regional governments just wanted to catch the bus [of FTZ development] first. They had not figured out what exactly a free-trade zone is and if it would work in their region ...

    http://www.scmp.com/news/china/article/1525581/beijing-suspends-free-trade-zone-applications-after-nationwide-frenzy
  7. Business - Economy - ECONOMY

    Shanghai cuts negative list to woo foreign investment

    Posted Jul 02nd 2014, 01:45am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Overseas firms will gain access to more sectors but free-trade zone's limited geographic size poses obstacle in sparking investment spree Shanghai cuts negative list to woo foreigners Shanghai has widened access to sectors such as oil refining and tea processing for foreign investors registered in its free-trade zone as the city ...

    http://www.scmp.com/business/economy/article/1544518/shanghai-cuts-negative-list-woo-foreign-investment
  8. Business - Economy - ECONOMY

    Japan's industrial output rises in May, signalling rebound after tax hike

    Posted Jul 01st 2014, 04:05am by Reuters

    ... in a poll of economists, and followed a 2.8 per cent drop in April, data from the Ministry of Economy, Trade and Industry showed. The data is likely to support a view that the economy will rebound ...

    http://www.scmp.com/business/economy/article/1543897/japans-industrial-output-rises-may-signalling-rebound-after-tax
  9. News - Hong Kong - ECONOMY

    Political tensions could undermine Hong Kong as China's top financial centre: Joseph Yam

    Posted Jun 23rd 2014, 11:36pm by Cannix Yau and Enoch Yiu

    ... as the middle man, from being marginalised". Referring to rising competition from Shanghai as it becomes a free-trade zone and from other regions running offshore yuan centres, he says: "Hong ...

    http://www.scmp.com/news/hong-kong/article/1539240/political-tensions-could-undermine-hong-kong-top-financial-centre
  10. Business - Economy - ECONOMY

    Outsized conglomerates weigh on Korea's growth

    Posted Jun 25th 2014, 02:37am by William Pesek

    ... vital, publicly traded company from father to son to grandson doesn't reflect well on Korea's global brand. Why don't shareholders speak out about against the blatant nepotism ...

    http://www.scmp.com/business/economy/article/1539898/outsized-conglomerates-weigh-koreas-growth

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