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  1. Target middlemen behind births surge

    Posted Jan 08th 2012, 12:00am

    ... must not be tolerated. With one of the lowest fertility rates in the world, Hong Kong may be able to count on the newborn children to provide our city with young people. Instead of shutting ...

  2. House scandal hits C.Y. ratings

    Posted Jun 28th 2012, 12:00am

    ... respectively. A separate HKU poll, released yesterday, found Leung's support rating had slid to a new low of 51.3 marks out of 100 since his March election victory, a decrease of 2.8 marks. HKU ...

  3. Bank rates cut for first time in four years

    Posted Jun 08th 2012, 12:00am

    ... Denise Tsang, Lulu Chen and Anita Lam China cut interest rates for the first time since 2008 yesterday in a surprise move that underscores Beijing's concerns about a hard landing for the world's second-biggest economy. Also, in an unprecedented move, Beijing decided to allow banks more flexibility to set their rates, in what economists say is a key step towards sweeping financial ...

  4. Fuel rate cut eases pressure on large mainland refiners

    Posted Jun 09th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com Beijing cut retail fuel prices by less than expected, easing pressure on the two big state-backed refiners, which can use higher profit margins created by recent rapid declines in crude oil prices to offset earlier refining loss ...

  5. Beijing's level of debt casts doubt on credit rating

    Posted May 15th 2012, 12:00am

    ... the lending binge after the global financial crisis starts to put pressure on government loan books. Andrew Colquhoun (pictured), head of Asia-Pacific sovereigns for Fitch Ratings, said from ... long-term foreign currency with a stable outlook, and a 'AA-' on the long-term local currency outlook, with a negative outlook, even though its sovereign credit rating looks strong ...

  6. When China and the US trade barbs, the rest of the world is the worse for it

    Posted Nov 19th 2011, 12:00am

    ... Beijing's harassment of dissidents such as Ai Weiwei at home. Economic issues provide fertile ground for tension. Economists at the Peterson Institute for International Economics, who have long been ... (HK$44 trillion), adding up debts of local governments and state-owned enterprises; inflation was 16 per cent; private consumption was only 30 per cent of economic activity; and the real rate ...

  7. Theorists at odds in anti-inflation battle

    Posted May 13th 2008, 12:00am by Tom Holland

    ... basis. Expect the inflation rate to abate later in the year. Nonsense, retort the other camp, who we may as well call the monetarists. They adhere to the dictum of Nobel economics laureate Milton ... to limit price increases by slapping controls on food and fertilizer prices while offering subsidies to farmers. On the monetary front, the government has repeatedly said it is running a tight ...

  8. Beijing's rate rise makes a virtue out of a necessity

    Posted Oct 20th 2010, 12:00am by Tom Holland

    ... with Tom Holland Yesterday evening, the People's Bank of China tweaked mainland interest rates for the first time since 2008, raising both deposit and lending rates by one quarter ... by 4.2 per cent.) Yet although yesterday's rate rise was widely greeted as a long-overdue signal that the authorities are prepared to do whatever is needed to counter economic overheating, ...

  9. News - China - CHANGING FACES

    Business is blooming for entrepreneurial Beijing florist

    Posted Feb 03rd 2013, 12:00am by MANDY ZUO

    ... Mandy Zuo mandy.zuo@scmp.com Enterprising florist has found a fertile opportunity in the upmarket wedding and gala market as more mainlanders have cash to splash Business is bloomingfor entrepreneur After nearly a decade of hard work and literally digging in for the long haul, everything is coming up roses for Cao Xue, a 26-year-old florist in Beijing who has carved out a niche ...

  10. Tough talk just a screen for cheap way to rig yuan rate

    Posted Jan 18th 2008, 12:00am by Jake Van Der Kamp

    ... it then sticks into foreign reserves. It has to do this because the alternative is to let the yuan rise against the dollar at a much faster rate than Beijing is willing to tolerate at the moment. The PBOC has a difficulty here, however. Two years ago, it raised the necessary yuan for this exercise by issuing yuan bonds that carried interest rates much lower than comparable US dollar rates ...




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