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  1. Food price rises can benefit the very poor

    Posted Nov 12th 2007, 12:00am by Jonathan Power

    ... Jonathan Power Most of the world's poor live in the rural backwaters of Africa, Asia and Latin America and are small farmers or landless farm workers. The overwhelming majority are starting to benefit from the present rise in global food prices. They would benefit even more if governments would allow markets to do their job. China, for example, controls food prices to keep ...

  2. There's much more to progress than money

    Posted Dec 10th 2007, 12:00am by Jonathan Power

    ... Jonathan Power National income figures give us only the bare bones of a society's progress. They neither reveal the real beneficiaries nor the composition of that income. Neither do ... beyond that, the more one looks at it, the more misleading it can become. Jonathan Power is a London-based journalist ...

  3. Think-tank chief calls for quicker global acquisitions of resources

    Posted Feb 25th 2008, 12:00am by Staff Reporter

    ... Al Guo in Beijing The head of the think-tank to the Central Committee of the Communist Party of China said the mainland should increase international acquisitions to stock up on natural resources and food reserves and to maintain the overall purchasing power of its US$1.5 trillion in foreign-exchange reserves. Li Lianzhong, head of the Economic Bureau of Policy Research Centre ...

  4. Resourceful China missing from G7 show

    Posted Feb 07th 2004, 12:00am by Stephen Craig

    ... interest rates. Amid this weekend's closed-door discussions, it seems odd that one country rarely out of the economic headlines is not present. China, so inextricably connected with its dollar peg and bilateral trade with the US, is absent. After all, if China was guilty as charged with exporting deflation, could it not also be a future exporter of inflation? China ...

  5. From liability to valuable resource

    Posted Aug 10th 2005, 12:00am by Staff Reporter

    ... Narayanan Balakrishnan Today, there are many US-dollar millionaires in China and India. But when they want to visit the US, or any developed country in Europe, they are still treated ... their sacred soil. Even Asia's developed countries, such as Japan, take the same attitude towards the people of China and India, where more than half the population still works the land. ...

  6. Retail player seeks move into the mainland

    Posted May 28th 2011, 12:00am

    ... Denise Tsang denise.tsang@scmp.com Retail player China Resources Enterprise is examining about seven acquisition proposals as it seeks to make a bigger push into the competitive mainland ... and inflated asset prices,' he said at the group's annual general meeting. 'Acquisitions provide an instant expansion into the market.' China Resources, which runs about 3,300 ...

  7. Datang Power credit rating cut to lowest grade

    Posted Jun 08th 2006, 12:00am by Eric Ng

    ... to rise 7 per cent this year compared with a 1.2 per cent increase for Huaneng Power International, a 2.5 per cent decline for China Power International Development, a 0.1 per cent increase for Huadian Power International and a 2.6 per cent rise for China Resources Power Holdings. In another research report, Macquarie Securities yesterday reiterated its bearish call on the mainland power ...

  8. Model behaviour

    Posted Jan 28th 2012, 12:00am

    ... practical implications. With China's rapid ascent as a major economic power and the spread of the global financial crisis, there are emerging voices that speak highly of China ... profit; second, compared with the market, central planning was ineffective in resource allocation; and, third, a serious problem of unfair political power was evident in the Soviet model. ...

  9. Who's reaping the windfall?

    Posted Jul 23rd 2012, 12:00am

    ... increase by 16 per cent in the first half of this year compared with last year. Power China's independent power producers such as Huadian Power, China Resources Power, Datang and Huaneng Power ... at in that regard are Air China, China Eastern and China Southern. Analysts project as much as a 6 per cent share price rise for the airlines for each drop by US$1 in the price of a barrel of oil. Mainland ...

  10. Comment - Insight & Opinion

    How to turn 'resource curse' into blessing

    Posted Aug 13th 2012, 12:00am by JOSEPH STIGLITZ

    ... Joseph Stiglitz says a fair deal on extraction will give them a good start Steps to turn poor nations' 'resource curse' into blessing New discoveries of natural resources ... countries? On average, resource-rich countries have done even more poorly than countries without resources. They have grown more slowly, and with greater inequality- just the opposite of what one ...




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