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  • September 24, 2014
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  1. Business - Comment - MONITOR

    Fiscal report based on lunatic projection of capital spending

    Posted Mar 04th 2014, 05:09am by Tom Holland

    ... this runaway escalation in infrastructure spending by arguing that construction costs tend to rise faster than general inflation. As a result, the report says that to maintain a constant level of capital spending in real terms, the government will have to pump up its dollar spending on infrastructure by 7.6 per cent a year for the next 28 years. This is little short of lunacy. Construction ...

    http://www.scmp.com/business/article/1439605/fiscal-report-based-lunatic-projection-capital-spending
  2. Business - Comment - MONITOR

    Tsang's vision of Hong Kong's future is severely out of focus

    Posted Feb 27th 2014, 01:23am by Tom Holland

    ... Tsang was gushing over yesterday. The high-speed rail link to Shenzhen, the bridge to Zhuhai, and Tsang's bizarre proposal to construct "an artificial island … to develop a new core ...

    http://www.scmp.com/business/article/1435878/tsangs-vision-hong-kongs-future-severely-out-focus
  3. Business - Comment - MONITOR

    Even Hong Kong's best efforts may not help to clear our air

    Posted Feb 12th 2014, 12:46am by Tom Holland

    ... in the next two years. She also plans to push through legislation forcing ships using Hong Kong's port to switch from burning dirty bunker oil to cleaner, less polluting fuels. Loh's aims ...

    http://www.scmp.com/business/article/1426234/even-hong-kongs-best-efforts-may-not-help-clear-our-air
  4. Business - Money - MONITOR

    No need to panic over slide in stock markets

    Posted Feb 05th 2014, 05:37am by Tom Holland

    ... hurt business activity, especially in the construction sector. Most observers expect a rebound as the weather turns milder. Then there was the US Federal Reserve's decision last week ...

    http://www.scmp.com/business/money/markets-investing/article/1420956/no-need-panic-over-slide-stock-markets
  5. Business - Comment - MONITOR

    The essential financial reform Beijing cannot afford to ignore

    Posted Jan 28th 2014, 01:27am by Tom Holland

    ... in 2009, when Beijing ordered a massive economic stimulus effort. Across the country, local governments injected former farmland into LGFVs which borrowed against it to fund the construction of new ...

    http://www.scmp.com/business/article/1415294/essential-financial-reform-beijing-cannot-afford-ignore
  6. Business - Comment - MONITOR

    All is not what it seems when it comes to China's trade figures

    Posted Jan 09th 2014, 11:51pm by Tom Holland

    ... ship, but the economic benefit you gain from those shipments. So many of China's exports consist of high-value components manufactured elsewhere that, according to the Organisation ...

    http://www.scmp.com/business/article/1401758/all-not-what-it-seems-when-it-comes-chinas-trade-figures
  7. Business - Comment - MONITOR

    Chinese investors should avoid Britain's rotten egg rail project

    Posted Jan 13th 2014, 12:55am by Tom Holland

    ... to Manchester and Leeds. They would be better advised to find another use for their capital. Although construction work has yet to start, HS2 shows all the signs of a classic British cock-up ...

    http://www.scmp.com/business/article/1404111/chinese-investors-should-avoid-britains-rotten-egg-rail-project
  8. Business - Comment - MONITOR

    To boost business, WTO must ditch 'all or nothing' approach

    Posted Dec 12th 2013, 03:12am by Tom Holland

    ... chain manager Li & Fung, estimates the deal could halve the average cost of shipping merchandise across borders from 10 per cent of the goods' value to just 5 per cent. The economic ...

    http://www.scmp.com/business/article/1378473/boost-business-wto-must-ditch-all-or-nothing-approach
  9. Business - Comment - MONITOR

    It pays China to block global deals on climate and trade

    Posted Dec 17th 2013, 03:19am by Tom Holland

    ... currently under construction in France will use heavy isotopes of hydrogen for fuel, and to work it will have to operate at temperatures of more than 100 million degrees Celsius. That's proving ...

    http://www.scmp.com/business/article/1382763/it-pays-china-block-global-deals-climate-and-trade
  10. Comment - Insight & Opinion - MONITOR

    The unintended consequences of Hong Kong's property policies

    Posted Nov 29th 2013, 04:27am by Tom Holland

    ... promised to achieve a 70 per cent home ownership level within 10 years. To hit that target, he would back the construction of 85,000 flats a year by the public and private sectors combined. ...

    http://www.scmp.com/comment/insight-opinion/article/1368146/unintended-consequences-hong-kongs-property-policies

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