• Monday
  • September 22, 2014
  • Last updated: 2:00pm
Hong Kong




Search Results

Results 1 - 10 of 472 for economy of europe

Related topics matching your search

Search results

  1. Be ready for Europe fallout, I.M.F. tells HK

    Posted Dec 10th 2011, 12:00am

    ... forecast to 5 per cent from 6.5 per cent for this year, and to 4.5 per cent from 5.4 per cent for next year. An economy is technically in recession if quarter-on-quarter growth falls for six months. Hong Kong narrowly escaped a recession, with its economy growing 0.1 per cent in the third quarter from the previous three months, although it grew 4.3 per cent when compared ...

  2. For Europe, Chinese help will come at a heavy price

    Posted Feb 16th 2012, 12:00am

    ... shouldn't get their hopes up too much. Despite the comments from Wen and Zhou, China will not be riding to Europe's rescue waving a blank cheque. Sure, Beijing will continue to invest ... economies that do, then it keeps just short of 30 per cent of its foreign currency reserves in euro-denominated assets. That adds up to a massive US$890 billion, more than enough to buy Spain's ...

  3. It all comes down to the Germans

    Posted Dec 02nd 2011, 12:00am

    ... Beijing and the world's leading central banks have separately eased liquidity amid fears of a global slowdown. Economic indicators show the cooling of China's own economy, including manufacturing activity, is gathering pace, partly because of flagging demand from debt-stricken Europe. Policymakers have cut the proportion of deposits that banks must hold in reserve ...

  4. Bankers see policy easing ahead as economy cools

    Posted Jun 20th 2012, 12:00am

    ... in the third quarter, compared with only 6.7 per cent in the second. More interest rate cuts and higher bank lending are widely expected as the economy cools amid the ongoing debt crisis in Europe ... in the economy, while households are anticipating higher consumer prices, lower income and less job security down the road. The macroeconomic confidence index slid by 6.6 percentage points to 58.4 per ...

  5. The case against austerity growing

    Posted Apr 28th 2012, 12:00am

    ... It is not long since Premier Wen Jiabao urged Europe to put its house in order in return for help with its debt crisis. Now Europe is a house divided by a groundswell of popular resistance ... and national budgetary sovereignty. So long as the crisis drags on, it will affect the real economy through unemployment, benefit cuts, credit squeezes and company failures. This has to be a worry ...

  6. Caution urged over 'failing' economies

    Posted Sep 07th 2011, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Economists warned yesterday of a gloomy outlook for the global economy and urged investors to remain cautious. Jim Walker, managing director of Hong Kong economic consultancy Asianomics, said the efforts to shore up the embattled eurozone economies were destined to fail. 'Greece, Ireland, Portugal, Spain and Italy are all in deep trouble, so ...

  7. Inflation fall raises hopes for economy

    Posted Nov 10th 2011, 12:00am

    ... a year ago. That would help an economy feeling the chill of a global slowdown. The consumer price index (CPI) rose 5.5 per cent last month from a year earlier, down from 6.1 per cent ... data. There have been growing calls for the central government to relax its tightening policy as Europe's debt crisis dampens demand for Chinese exports and small businesses struggle to get ...

  8. China's move to cool economy

    Posted Apr 25th 2007, 12:00am by Staff Reporter

    ... By Cameron Dueck A senior business reporter at South China Morning Post says higher interest rates can help slow runaway growth The economy is overheating. Stock markets in Shanghai, Shenzhen and Hong Kong fell late last week because investors were worried over China's strong economic growth. But shouldn't share prices be rising if the economy is booming? Sometimes ...

  9. More or less an efficient economy

    Posted Aug 02nd 2004, 12:00am by Staff Reporter

    ... One of the most basic questions about China's economy today is whether it is becoming more, or less, efficient. Where you stand on this largely determines how bullish you are about ... America's rate. A controversial study by consultants McKinsey & Co this year found that Chinese manufacturing productivity exceeds Europe's, and is almost on a par with America's. ...

  10. Mainland GDP growth slowest in three years

    Posted Apr 14th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com The mainland economy grew 8.1 per cent in the first quarter, its slowest pace in nearly three years, amid weak demand in key export markets ... Bureau of Statistics spokesman said. However, analysts predicted the world's second-largest economy would avoid a hard landing, with most expecting easing measures and a rebound later ...




SCMP.com Account