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  1. Food stability key to inflation control

    Posted Mar 10th 2012, 12:00am

    ... Mandy Zuo mandy.zuo@scmp.com The Ministry of Agriculture expects grain output to decline this year and rural incomes to grow more slowly. Agriculture Minister Han Changfu said yesterday that it would strive to keep grain output above 525 million tonnes an ...

  2. Mainland to loosen cash controls, HSBC predicts

    Posted Jan 14th 2012, 12:00am

    ... Neil Gough neil.gough@scmp.com HSBC's economists see the ongoing euro crisis creating strong headwinds for Hong Kong and the mainland in the year ahead, but believe Beijing's shift to a looser monetary and fiscal policy will help cushion the blo ...

  3. Flood control

    Posted May 06th 2011, 12:00am

    ... It wasn't what Asia, or indeed Hong Kong, wanted to hear. When Ben Bernanke, chairman of the US Federal Reserve, faced the media last week, he suggested that America's central bank will stay its course. Interest rates will thus remain at record ...

  4. Education Department should control textbook publishing

    Posted Apr 19th 2011, 12:00am

    ... of textbooks is spiralling out of control and how prices can be brought under control. The reason for the price rises is obvious- publishers need to make profits. The inexorable rise, for example, ...

  5. Price controls will not distort market, officials claim

    Posted Jan 18th 2008, 12:00am by Staff Reporter

    ... Jane Cai Price controls for basic necessities that came into effect on Tuesday would not distort the market economy, mainland officials insisted yesterday. In an online interview with Xinhua and the central government's website, two officials from the National Development and Reform Commission (NDRC) said the temporary price-control measures would not influence the market ...

  6. Beijing should rethink fuel price controls

    Posted Nov 07th 2007, 12:00am by Staff Reporter

    ... Mainland authorities have long contended that by keeping the price of petrol and diesel low through state controls, they are shielding citizens from inflation and maintaining stability. The policy was viable when oil prices and demand were low, but times have changed and it is time for a rethink. Sustainability is the key to the mainland's growth. But there is nothing ...

  7. Central bank signals further macro controls

    Posted Apr 02nd 2007, 12:00am by Cary Huang

    ... macroeconomic controls to curb liquidity and inflation this year, signalling that further tightening measures are in the pipeline. The warning came on the heels of the central bank's rate increase ... than twofold to US$39.64 billion. Ms Wu said the less than assuring data would reinforce the government's determination to strengthen its macro controls. 'The figures released ...

  8. Economic control measures set to be reinforced

    Posted Jan 24th 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing Fears of rebound in investment, credit and trade surplus Beijing will reinforce macroeconomic control measures and take steps to tackle excessive liquidity this year ... of the results of our macroeconomic controls are not solid. There are some striking problems in the economy and there may be a rebound in investment, credit and the trade surplus,' Mr Han said ...

  9. China needs market-based controls to cool economy

    Posted Apr 17th 2006, 12:00am by Tom Holland

    ... of administrative controls. In the coming months the government is likely to try to restrain growth by slapping fresh restrictions on new investment and lending. If it does, its measures may prove effective ... will only have a limited effect controlling the economic cycle. They are easily circumvented and enforcement is patchy at best. Ultimately, if Beijing is to succeed in steering growth along ...

  10. HKMA chief misses the boat on spotting inflation dangers

    Posted May 22nd 2004, 12:00am by Staff Reporter

    ... China last bemoaned pockets of deflation as higher commodity prices are increasingly felt throughout the economy. Beijing has all policy tools gunning inflation, even introducing arcane price controls to shield its population from painful consequences. Over in the United States, Federal Reserve chairman Alan Greenspan has all but raised a placard warning of interest-rate rises ahead ...




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