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  • August 27, 2014
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  1. News - China - ECONOMY

    Top Communist Party official's inclusion on task force reflects China's economic concerns

    Posted Aug 21st 2014, 05:02am by Cary Huang

    ... and Securities Institute, said Liu's inclusion suggested the need for more cooperation and coordination in economic management among departments. Ma Guoxian, a political economist with the Shanghai ... Liu has long worked in Inner Mongolia and advanced his career through the China Youth League and the party's propaganda machine. Liu has little background in economic management ...

    http://www.scmp.com/news/china/article/1577934/top-communist-party-officials-inclusion-task-force-reflects-chinas
  2. News - Hong Kong - ECONOMY

    Restaurants serving locals keep up sales amid drop in tourist spending

    Posted Aug 01st 2014, 04:03am by Amy Nip

    ... an insider in the food and beverage business says. Strong local demand boosted the restaurant sector, saving it from the slide in sales experienced by luxury retail brands amid President Xi Jinping's anti-corruption drive on the mainland, Yeung Wai-sing, chairman of the Association for Hong Kong Catering Services Management, said yesterday. Nevertheless, the industry was struggling ...

    http://www.scmp.com/news/hong-kong/article/1563780/restaurants-serving-locals-keep-sales-amid-drop-tourist-spending
  3. News - Hong Kong - ECONOMY

    John Tsang Chun-wah warns of 'perfect storm' from protests

    Posted Aug 11th 2014, 06:10am by NG KANG-CHUNG

    ... chances to international speculators". "We can't be too careful. On the one hand, we have to step up risk management; on the other hand, we should avoid creating risks ...

    http://www.scmp.com/news/hong-kong/article/1570817/john-tsang-chun-wah-warns-perfect-storm-protests
  4. Business - Economy - ECONOMY

    Yuan convertibility on back burner as Beijing focuses on other reforms

    Posted Aug 07th 2014, 11:58am by Reuters

    ... which covers portfolio investment and borrowing, is still closely managed by Beijing. Nearly 20 per cent of the mainland's trade is settled in yuan, compared with less than 1 per cent ...

    http://www.scmp.com/business/banking-finance/article/1568188/yuan-convertibility-back-burner-beijing-focuses-other
  5. Business - Economy - ECONOMY

    Property market cool-down drives HSBC China services PMI to lowest level ever

    Posted Aug 05th 2014, 10:09am by Reuters

    ... purchasing managers index compiled by HSBC/Markit fell to 50 from a 15-month high of 53.1 in June. The latest reading is the lowest since November 2005, when data collection began. The survey ...

    http://www.scmp.com/business/economy/article/1566785/property-market-cool-down-drives-hsbc-china-services-pmi-lowest
  6. News - Hong Kong - ECONOMY

    Would you like a rise with that? How Hong Kong fares on the Big Mac Index

    Posted Aug 05th 2014, 10:50pm by PHILA

    ... as well as food and other necessities, she said she often had not a single dollar left. Her 32-year-old son, who lives with her, makes HK$9,000 working in an estate management company, while her ...

    http://www.scmp.com/news/hong-kong/article/1567209/would-you-rise-how-hong-kong-fares-big-mac-index
  7. Business - Economy - ECONOMY

    China’s July official services PMI dips to six-month low

    Posted Aug 03rd 2014, 02:23pm by Reuters

    ... purchasing managers' index (PMI) for the non-manufacturing sector slowed to 54.2 in July from June's 55, the National Bureau of Statistics said yesterday. That is the weakest reading since ...

    http://www.scmp.com/business/economy/article/1565516/chinas-july-official-services-pmi-dips-six-month-low
  8. News - Hong Kong - ECONOMY

    Slide in Hong Kong’s retail sales continues in June with 6.9pc drop

    Posted Jul 31st 2014, 11:36pm by Amy Nip

    ... Retail Management Association attributed the "below expectation" sales to unstable weather, sluggish growth in mainland visits and spending, and the World Cup in Brazil distracting ...

    http://www.scmp.com/news/hong-kong/article/1563784/slide-citys-retail-sales-continued-june-69pc-drop
  9. Business - Economy - ECONOMY

    Mainland China growth rates don't add up

    Posted Jul 14th 2014, 03:09am by Benjamin Robertson

    ... with a definitive alternative GDP series to the official figures," said Arthur Kroeber, the managing director of Gavekal Dragonomics Research. Trying to work out historical growth patterns was highly ...

    http://www.scmp.com/business/economy/article/1553600/mainland-china-growth-rates-dont-add
  10. News - Hong Kong - ECONOMY

    Danish luxury brands set out plans for China and Asia expansion

    Posted Dec 07th 2012, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Designer brands unveil their wares in Hong Kong, with plans for a big mainland expansion Danish luxury brands eye China and Asia markets Danish deluxe brands ... are among the 30 Danish firms that took part in a Business of Design Week exhibition in Wan Chai this week. Chinese and other Asian customers have to a large extent kept Danish designer brands ...

    http://www.scmp.com/news/hong-kong/article/1099277/danish-luxury-brands-set-out-plans-china-and-asia-expansion

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