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  1. News - China - ECONOMY

    Cut taxes to boost the economy, urges China's second richest man Zong Qinghou

    Posted Aug 25th 2014, 03:35pm by Kathy Gao

    ... that the government's expenditure on "maintaining stability" had "greatly exceeded" its revenues. "If ordinary people's income were increased, [everybody] would live a happy life ...

    http://www.scmp.com/news/china/article/1580537/chinas-second-richest-man-zong-qinghou-tells-government-tax-cuts-will
  2. 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

    ... and spokesman for the People's Alliance for Minimum Wage. He suggested that Hong Kong learn from London. "The London city government conducts studies to find out the basic cost of living ... the years. It does not have a conclusion on the cost of living." The confederation is demanding that hourly minimum wage jump to HK$38. Hong Kong implemented its first minimum hourly wage ...

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

    African lions hope to emulate economies of Asian tigers

    Posted Aug 05th 2014, 03:26am by Bloomberg

    ... Bloomberg The continent is continuing a two-decade growth trend with nations like Nigeria improving infrastructure and making use of their resources African lions aim to emulate Asian ... the "Asian tiger" economies in the 21st century. Africa's advantages include vast untapped resources, a youthful population and an expanding middle class. Offsetting these are rampant ...

    http://www.scmp.com/business/economy/article/1566550/african-lions-hope-emulate-economies-asian-tigers
  4. News - Hong Kong - ECONOMY

    We're not cutting expenses, says finance chief John Tsang

    Posted Aug 04th 2014, 04:54am by Tony Cheung

    ... the year 2015/16. So 'new money' available for the departments will be very limited," he added. New schemes include the Old Age Living Allowance, which offers 420,000 elderly ...

    http://www.scmp.com/news/hong-kong/article/1565684/were-not-cutting-expenses-says-finance-chief-john-tsang
  5. News - China - ECONOMY

    Xi Jinping departs for South America tour

    Posted Jul 13th 2014, 11:15am by AFP, Reuters

    ... Agencies in Beijing and Brasilia President to meet friends old and new for BRICS talks and to keep the resources pipeline flowing Xi off to do business in America's backyard President Xi Jinping has departed for a visit to four South American countries, including Brazil, to build ties in a resource-rich region traditionally considered the backyard of the United States. Xi ...

    http://www.scmp.com/news/china/article/1553212/chinas-leader-xi-jinping-departs-south-america-tour
  6. News - China - ECONOMY

    Local government debt show signs of improving

    Posted Jun 24th 2014, 07:48pm by Keith Zhai

    ... the system. In one case, officials from the State Oceanic Administration extended and a 11-day trip to the Antarctic by two days, without authorisation. The trip, a site visit to researchers ...

    http://www.scmp.com/news/china/article/1539727/chinas-audit-central-government-budget-uncovers-array-problems
  7. Comment - Insight & Opinion - ECONOMY

    Why economic stimulus no longer works for China

    Posted Jun 23rd 2014, 10:42am by Derek Scissors

    ... macroeconomic risks. Similarly, slower growth in fixed investment is long overdue. Rebalancing towards consumption cannot occur without a check on investment and such rebalancing is necessary for living ...

    http://www.scmp.com/comment/insight-opinion/article/1538761/why-economic-stimulus-no-longer-works-china
  8. Business - Economy - ECONOMY

    Outsized conglomerates weigh on Korea's growth

    Posted Jun 25th 2014, 02:37am by William Pesek

    ... Japan's living standards. None looms larger than the country's domineering chaebol. Making the rounds in South Korea last week, I heard over and over how small and mid-size enterprises ...

    http://www.scmp.com/business/economy/article/1539898/outsized-conglomerates-weigh-koreas-growth
  9. Business - Economy - ECONOMY

    Xi Jinping takes charge of China's economic reforms

    Posted Jun 16th 2014, 03:07am by Victoria Ruan

    ... in resource allocation among the three regions. Sources familiar with the matter said earlier Xi last year ordered a rewrite on a draft of China's urbanisation blueprint that had originally been ...

    http://www.scmp.com/business/economy/article/1533597/xi-jinping-takes-change-mainlands-economic-reforms
  10. News - Hong Kong - ECONOMY

    Hong Kong's economy does not rely on mainland tourists, says financial secretary

    Posted Jun 16th 2014, 04:53am by Ernest Kao

    ... First, said. "The influx of solo tourists is creating resentment. [Tsang] must be ignorant to the lives of ordinary citizens." Individual visit scheme travellers comprised 67 per cent ...

    http://www.scmp.com/news/hong-kong/article/1533469/mainland-chinese-visitor-claim-exaggerated-says-john-tsang

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