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  • August 21, 2014
  • Last updated: 8:37am
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  1. Comment - Insight & Opinion

    China deserves more credit for its positive global contributions

    Posted May 15th 2013, 12:00am by Jonathan Power

    ... Jonathan Power Jonathan Power says nation has been an easy target for Western snipers China deserves more credit for its positive global roles China is a sitting duck. Not so long ago, ... excluded from the UN by the US veto, it had nothing to lose by playing the wild card. After Richard Nixon's opening to China, including its admission to the UN in 1971, China moved from ...

  2. Business - Comment - MONITOR

    Commodity bears should look again at China's credit growth

    Posted Feb 18th 2013, 12:00am by Tom Holland

    ... at China's credit growth There's been a lot of chatter over the past couple of weeks that the 10-year-old "super-cycle" in commodities may have peaked and that prices are now set ... is powered by a combination of investment and speculation. And both are driven by credit. When credit is freely available, local governments and state-backed companies embark on orgies ...

  3. Business - China Business - MR. SHANGKONG

    Faith can go on its merry way, but get the festive spirit and shop

    Posted Dec 23rd 2013, 04:47am by George Chen

    ... government departments and major state-owned enterprises in the city that they should refrain from big spending in holiday celebrations. How big is big? Is to print some holiday greeting cards and calendars and send them to your working contacts as gifts really a big thing? To the anti-graft agency in Shanghai, it seems that it is, and that's why printing such cards and calendars ...

  4. PayPal hopeful of door opening to China market

    Posted Mar 17th 2012, 12:00am

    ... yesterday launched a smartphone app and plug-in device to let small business owners take credit and debit card payments through their mobile devices, said it hoped to introduce the same technology to the mainland once its licence was approved. The company said small business owners often lacked access to credit card payment devices, and risked losing customers. The service known as PayPal Here ...

  5. Higher credit risks loom for China firms

    Posted May 25th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com Mainland developers are facing higher credit risks with their short-term debt surging significantly amid weaker liquidity, according to rating companies, ... it was unlikely Beijing would ease its monetary controls on property sales and bank credit before April next year, when the country's leadership will change. He expected mainland developers to face ...

  6. face-to-face book

    Posted Jul 15th 2011, 12:00am

    ... to attend as well. August 17 at 10am-5pm, HKU (below left). Visit http://on.fb.me/ntEfVm for more details. Free talk on mainland credit card business With the mainland market rapidly developing, ... the upcoming free seminar on 'Credit Card Marketing in China' organised by the University of Hong Kong's Management Alumni Society and the Victoria Junior Chamber. Shanghai-based Anthony ...

  7. Call to strike ethnic status from I.D. cards

    Posted Feb 15th 2012, 12:00am

    ... category from people's identity cards and expanding mixed-ethnic schools. An article by Zhu Weiqun, deputy head of the Communist Party's United Front Work Department, said ... on identity cards, using ethnic labels in the titles of schools and autonomous regions, and reserving privileges for members of ethnic minorities were obstacles to promoting such cohesion. 'Some ...

  8. Historians on mainland give credit to KMT

    Posted Sep 15th 2011, 12:00am

    ... Minnie Chan minnie.chan@scmp.com Beijing has published its full version of the history of the Republic of China, recognising the role of Chiang Kai-shek in fighting the Japanese in the second world war. Analysts on the mainland and Taiwan said the book wo ...

  9. Lower growth is on the cards, alongside other worrying trends

    Posted Jan 22nd 2012, 12:00am

    ... Ed Zhang Authorities last week released statistics on the economy's overall performance in 2011. In the National Bureau of Statistics' (NBS) preliminary report, gross domestic product was 47.16 trillion yuan (HK$58.03 trillion), showing annualis ...

  10. Credit dries up for China firms

    Posted Jul 11th 2011, 12:00am

    ... But the privately owned firms that operate outside of the state-run financial system are getting credit crunched. Entrepreneur-run businesses, which lack government shareholders, have been hit ... state-owned banks have been ordered by the government to severely curtail their lending. They are already at risk of getting choked with bad debts after extending too much credit to unviable economic ...




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