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  • July 22, 2014
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  1. HP aims to help China move to Net-based economy

    Posted Sep 22nd 2003, 12:00am by Danyll Wills

    ... Rapid internet growth in the mainland would turn China into the world's second-largest online market by 2010, said Hewlett-Packard (HP). HP Services vice-president and general manager Asia-Pacific Lien Siaou-sze in Shanghai last week said the integration of technology and business would be crucial to the mainland's development. 'By 2010, China will be transformed ...

  2. Exports to US set to fall as economy slows

    Posted Nov 01st 2003, 12:00am by Staff Reporter

    ... Andrew K. Collier in Beijing The US economy is likely to grow less quickly in the first half of next year, which will have a deadening effect on imports from China, according to Morgan ... global economy. The slowdown- if it occurred- would 'have an adverse impact' on China's growth, although he believed the long-term outsourcing of manufacturing in China by US ...

  3. It's not the economy, folks

    Posted Aug 20th 2003, 12:00am by Frank Ching

    ... In fact, China was already taking steps to help the Hong Kong economy recover from the downturn that began almost exactly when the territory reverted to Chinese sovereignty six years ago. On June ... China has adopted a two-pronged strategy for dealing with the political situation in Hong Kong after last month's mass rallies. On the one hand, the central government is waging ...

  4. Firms upbeat on HK economy over next two years

    Posted Dec 05th 2003, 12:00am by Ambrose Leung, Kelvin Chan

    ... up from 3.1 per cent last year. They are even more bullish about 2005, with 43.6 per cent expecting good or very good business conditions. 'Next year's economy is looking to be very ... changing the structural defects in the system the economy has no hope of improving.' Dr Yeung said the change of stance from the traditionally conservative sector would help speed up ...

  5. Sharper focus on mainland economy could lift red chips

    Posted Oct 09th 2003, 12:00am by Staff Reporter

    ... more on the flourishing mainland economy. Funds are beginning to look for market laggards as investors rotate out of industrials, property and banking counters, which have made sizeable gains ... gaining just 28.96 per cent since the start of the year, compared with the 74.16 per cent jump in H-share companies, which focus solely on the mainland economy. Analysts blame the corporate ...

  6. Leaders seeking 'steady course' for the economy

    Posted Dec 01st 2003, 12:00am by Staff Reporter

    ... China's economy was overheated. The nation's gross domestic product grew 9.1 per cent in the third quarter of this year. But a commentary issued by Xinhua yesterday said the leaders were ... in Zhengzhou, Henan province, Mr Qiu said China should neither 'apply the brake' nor 'step on the gas' in regulating the economy. At present, China must guard against both ...

  7. Deal is a mixed blessing for local economy

    Posted Sep 30th 2003, 12:00am by Chris Yeung

    ... for China's move towards a rules-based post-WTO economy through a closer partnership with Hong Kong. It underpins the unique economic role played by Hong Kong in China's modernisation - a role ... arrangement will accelerate readjustment of the Hong Kong economy towards high value-added and service-oriented industries, thus bringing more benefits to some sectors while leaving others ...

  8. HK should not rely on mainland to prop up its economy: academic

    Posted Aug 25th 2003, 12:00am by Chloe Lai, Gary Cheung

    ... on the mainland to prop up the city's economy, according to mainland academics and pro-Beijing politicians. Zheng Tianxiang, a professor at Guangzhou-based Zhongshan University's centre for Hong ... it revitalise Hong Kong's economy. 'It's reasonable for the central government to help Hong Kong get out of the current economic gloom,' he said, 'However, the mainland's ...

  9. Analysts warn of dangerous days ahead for the economy

    Posted Oct 01st 2003, 12:00am by Staff Reporter

    ... A slowdown is forecast amid fears of a property bubble and external threats to trade China's economy may have survived the Sars crisis with flying colours, but economists say ... yuan dispute will hurt trade.' Despite the gloomy forecast, China's economy is in good shape. The country has seen gross domestic product rise more than tenfold over the past 25 years ...

  10. Reining in the economy

    Posted Sep 15th 2003, 12:00am by Laurence Brahm

    ... When the People's Bank of China recently raised the reserve requirements for commercial banks, it meant more than just tightening bank credit. China's central bank is aiming to cut the money supply, attempting to cool an overheated economy. The nation's central policymakers remember all too clearly the excessive growth and hyper-inflation years of 1992-1994, ...




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