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  • April 21, 2014
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  1. Comment - Insight & Opinion - LEADER

    China should lower taxes, not increase spending, to spur growth

    Posted Apr 17th 2014, 04:33am by SCMP Editorial

    ... post-financial-crisis highs driven by massive stimulus spending. There is no question this would prompt rising calls for more stimulus from vested-interest groups. So far the government has resisted them ... as the future growth engine. The government needs to keep a tight rein on these efforts to ensure that they do not add to structural problems aggravated by the post-crisis stimulus. Meanwhile, ...

  2. Comment - Insight & Opinion - LEADER

    Let wisdom prevail as all sides try to solve crisis in Ukraine

    Posted Mar 05th 2014, 04:12am by SCMP Editorial

    ... SCMP Editorial In Ukraine, let wisdom prevail Calming a crisis requires cool heads and reasoned discussion. The hysteria of Ukraine's new leaders in the wake of Russia's ... leaders and Russia to talk. The language law can be restored and firm action taken against anti-Russian nationalists. Russia's troop movements can be reversed. Wisdom can prevent the crisis ...

  3. Comment - Insight & Opinion - LEADER

    Time running out on waste charging scheme

    Posted Apr 10th 2014, 05:16am by SCMP Editorial

    ... SCMP Editorial Time running out on waste charging If evidence is needed to show that Hong Kong is dragging its feet even in the face of a crisis, the waste charging proposal is the best example. The levy was floated as a solution to our mounting problem of refuse disposal as early as the 1990s. Despite a gradual public consensus on adopting fees to help reduce waste, ...

  4. Comment - Insight & Opinion - LEADER

    Russia's expulsion from Group of Eight is no big deal

    Posted Apr 02nd 2014, 05:08am by SCMP Editorial

    ... of the global financial crisis, the G8 was the premier forum for leaders from the world's major economies to discuss important international issues. But the Western focus and failure to include ...

  5. Comment - Insight & Opinion - LEADER

    Sino-US hotline can avert a crisis in disputed waters

    Posted Feb 02nd 2014, 03:06am by SCMP Editorial

    ... SCMP Editorial Sino-US hotline can avert a crisis A rising Chinese navy, an increasingly assertive Japanese one and resurgent American maritime interests in Asia make for more naval ... in a crisis. Concerns heightened last November when there was a near-miss between the American cruiser USS Cowpens and a support ship of the Chinese aircraft carrier Liaoning. The previous month, ...

  6. Comment - Insight & Opinion - LEADER

    Families right to keep asking questions after bungled investigation

    Posted Mar 27th 2014, 04:45am by SCMP Editorial

    ... weeks have passed since the plane disappeared. But the government's bungling of the crisis and the lack of wreckage make accepting such a claim difficult; not until hard evidence ...

  7. Comment - Insight & Opinion - LEADER

    Automatic bailouts no longer an option in China

    Posted Mar 28th 2014, 03:54am by SCMP Editorial

    ... amid concerns about asset quality. These can be early signs of systemic stress. Much of the lending spree after the global financial crisis went into dubious projects and overcapacity ...

  8. Comment - Insight & Opinion - LEADER

    Forex rigging probe a reminder banking needs fundamental reform

    Posted Nov 10th 2013, 04:31am by SCMP Editorial

    ... financial crisis has exposed the greed and cowboy culture of most of our leading banks and investment houses. The latest probes into currency manipulation will go towards reaffirming the need ... Britain's Financial Services Authority, the US Department of Justice and Hong Kong's Monetary Authority. Currency rates are fixed at certain times of the day by pooling the prices different ...

  9. Comment - Insight & Opinion - LEADER

    Hong Kong should keep its peg to the US dollar for now

    Posted Oct 17th 2013, 12:00am by SCMP Editorial

    ... SCMP Editorial Keep the peg... at least for now The last time Hong Kong changed its currency regime it was with good reason. The Hang Seng Index and the Hong Kong dollar had both plunged under selling pressure amid investor anxiety about the future under Chinese rule. The city was facing a currency and financial crisis. That is worth remembering today- the 30th anniversary ...

  10. Comment - Insight & Opinion - LEADER

    When it comes to public finances, forewarned is forearmed

    Posted Mar 12th 2014, 04:27am by SCMP Editorial

    ... SCMP Editorial Forewarned is forearmed Hong Kong's public finances are arguably the world's healthiest- continuous economic growth and budget surpluses; near full employment; and multibillion-dollar fiscal reserves. Few would believe the city may one day face a serious debt crisis like in Greece. Intriguingly, this is the warning issued by top government advisers. After a year-long ...




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