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  • September 3, 2014
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Results 1 - 10 of 24 for corruption

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  1. News - Hong Kong - ECONOMY

    Hong Kong retail sales slump by 3.1pc in July as consumers scrimp on luxury

    Posted Aug 28th 2014, 05:54pm by Amy Nip

    ... 12.5 per cent on the same period last year. But tourists no longer bought as much. Their appetite for luxury goods has been dampened by an austerity drive and Beijing's corruption ...

    http://www.scmp.com/news/hong-kong/article/1581472/hong-kong-retail-sales-slump-31pc-july-consumers-scrimp-luxury
  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

    ... 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

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

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

    ... Amy Nip amy.nip@scmp.com Mainland corruption crackdown blamed for falling demand at Hong Kong's high-end shops Slide in city's retail sales continues with 6.9pc drop The grim ... by mainlanders. Tim Condon, ING Asia chief economist for Asia, said he expected the collapse of luxury sales to continue in view of Xi's anti-corruption drive and the announcement this week ...

    http://www.scmp.com/news/hong-kong/article/1563784/slide-citys-retail-sales-continued-june-69pc-drop
  4. News - China - ECONOMY

    Local government debt show signs of improving

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

    ... Keith Zhai keith.zhai@scmp.com But extravagance and corruption persist at some departments and state firms, audit chief says Local government debt show signs of improving China's ... and corruption persisted in some departments and state enterprises despite President Xi Jinping's nationwide crackdown on graft. Together, their audited expenses accounted for 154 billion yuan ...

    http://www.scmp.com/news/china/article/1539727/chinas-audit-central-government-budget-uncovers-array-problems
  5. Business - Economy - ECONOMY

    Xi Jinping takes charge of China's economic reforms

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

    ... stability will feature high in Xi's thinking- or "Xiconomics"- under which anti-corruption, administration reform and regional security issues take priority, even though these steps ...

    http://www.scmp.com/business/economy/article/1533597/xi-jinping-takes-change-mainlands-economic-reforms
  6. Business - Economy - ECONOMY

    The two Brazils

    Posted Jun 12th 2014, 11:53am by NICHOLAS SPIRO

    ... class that is now demanding better-quality public services and an end to corruption. A year ago, more than a million Brazilians took to the streets to call for political accountability ...

    http://www.scmp.com/business/economy/article/1530679/two-brazils
  7. News - Hong Kong - ECONOMY

    Jobless rate could rise if retail sales keep declining, financial secretary warns

    Posted Jun 09th 2014, 03:03am by Phila Siu

    ... of the anti-corruption drive Beijing launched in 2012, curbing the spending by officials on luxury gifts. Mak supported the idea of building shopping malls in the border areas, as for many mainlanders the main ...

    http://www.scmp.com/news/hong-kong/article/1528229/jobless-rate-could-rise-if-retail-sales-keep-declining-financial
  8. Business - Economy - ECONOMY

    Small firms feel pinch from Beijing's anti-corruption drive

    Posted Mar 04th 2014, 05:09am by Bloomberg

    ... out corruption is morphing into a broader austerity campaign that is spreading to small businesses. What began as a fight against extravagance is now sapping demand for items ...

    http://www.scmp.com/business/economy/article/1439688/small-firms-feel-pinch-beijings-anti-corruption-drive
  9. Business - Economy - ECONOMY

    India to tighten belt despite election

    Posted Feb 17th 2014, 04:47am by AFP

    ... path," Singh said. Prime Minister Manmohan Singh's administration has been criticised for its inability to stem corruption, boost growth and control inflation, leading voters to deliver ...

    http://www.scmp.com/business/economy/article/1429234/india-tighten-belt-despite-election
  10. Business - China Business - ECONOMY

    China holiday sales grow at slowest in decade amid crackdown on graft

    Posted Feb 07th 2014, 02:54pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Lunar New Year holiday spending on mainland rises 13.3pc year-on-year amid graft crackdown Holiday sales grow at slowest pace in decade Lunar New Year holiday spending on the mainland grew at its slowest pace in at least a decade as the Communist Party's crackdown on corruption deterred the giving of luxury gifts. Retail sales from January ...

    http://www.scmp.com/business/china-business/article/1422884/retail-spending-growth-china-during-lunar-new-year-holiday

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