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  • April 17, 2014
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  1. Business - Comment - MONITOR

    It's not heresy to expect grand projects to pay for themselves

    Posted Feb 28th 2014, 01:01am by Tom Holland

    ... budget speech, are an illusion conjured up by the government itself. As one reader noted: "Things aren't quite as simple as you make out." He's right, of course. Things very ... to portray. With the backing of the government, future projects would be able to borrow cheaply Take Hong Kong's budget. In Wednesday's speech financial secretary John Tsang warned ...

    http://www.scmp.com/business/article/1436598/its-not-heresy-expect-grand-projects-pay-themselves
  2. Business - Comment - MONITOR

    The plenum speech Xi Jinping ought to deliver (but won't)

    Posted Oct 30th 2013, 02:32am by Tom Holland

    ... Tom Holland Ahead of a key Communist Party meeting, our columnist fantasises about the reforms the president should announce to the gathering The plenum speech Xi Jinping ought to deliver (but won't) Ladies, gentlemen, and friends! Comrades! I want to thank you for all your hard work. Your dedication and perseverance are a tremendous encouragement to the central leadership ...

    http://www.scmp.com/business/article/1343106/plenum-speech-xi-jinping-ought-deliver-wont
  3. Business - Comment - MONITOR

    After nine years, it's time to leave the stage

    Posted Mar 06th 2014, 12:25am by Tom Holland

    ... Pollution, corruption, wasteful investment, the failure of the state to embrace free competition, the fragility of the banking sector, and the weakness of the stock market all rated multiple columns ...

    http://www.scmp.com/business/article/1441327/after-nine-years-its-time-leave-stage
  4. Business - Comment - MONITOR

    Tsang's vision of Hong Kong's future is severely out of focus

    Posted Feb 27th 2014, 01:23am by Tom Holland

    ... Tom Holland Instead of building mega-projects that serve no purpose, the government should spend money where it is needed: education, health and welfare Tsang's vision of Hong Kong's future is severely out of focus In his budget speech yesterday, John Tsang Chun-wah did his best to scare us. If Hong Kong continues on its current trajectory, steadily improving ...

    http://www.scmp.com/business/article/1435878/tsangs-vision-hong-kongs-future-severely-out-focus
  5. Business - Comment - MONITOR

    George Osborne is wrong about China and the yuan

    Posted Feb 21st 2014, 12:24am by Tom Holland

    ... in his speech yesterday to the British Chamber of Commerce. Consider the praise Osborne lavished on China's leadership for tackling the country's economic imbalances. "China has ...

    http://www.scmp.com/business/article/1432166/george-osborne-wrong-about-china-and-yuan
  6. Business - Economy - MONITOR

    What Shanghai's brand new free-trade zone won't offer

    Posted Sep 30th 2013, 12:00am by Tom Holland

    ... Tom Holland While we're left guessing on what will be allowed, there won't be interest rates set by market and free flows of capital – at least at the same time What Shanghai's brand new free-trade zone won't offer A day after the official launch of Shanghai's new free-trade zone we know little more about the project than we did a week before. Despite ...

    http://www.scmp.com/business/economy/article/1320818/what-shanghais-brand-new-free-trade-zone-wont-offer
  7. Business - Comment - MONITOR

    A nice idea Mr Yam, but it will be a long time before it can fly

    Posted Feb 19th 2014, 01:27am by Tom Holland

    ... for Beijing to allow free capital flows just yet. For the time being, at least, his latest hobby horse will remain a non-starter. tom.holland@scmp.com ...

    http://www.scmp.com/business/article/1430637/nice-idea-mr-yam-it-will-be-long-time-it-can-fly
  8. Business - Economy - MONITOR

    CY's policies will exacerbate city's coming down-cycle

    Posted Jan 16th 2014, 02:36am by Tom Holland

    ... of helping Hong Kong's poor, and especially the elderly poor, are highly commendable. More generous kindergarten vouchers, and free school lunches and fatter textbook grants for the children ... comment on the government's financial position, tucked away right at the end of yesterday's speech. CY acknowledged the existence of the government's repeated budget surpluses ...

    http://www.scmp.com/business/economy/article/1406425/cys-policies-will-exacerbate-citys-coming-down-cycle
  9. Business - Comment - MONITOR

    Shanghai free zone smells like it's just another property deal

    Posted Sep 16th 2013, 12:00am by Tom Holland

    ... Tom Holland While all the talk is of financial reforms in the new economic areas, land sales suggest it's just another attempt by local officials to boost revenues Shanghai free zone ... By Mencken's definition, then, Monitor is a cynic. Whenever anyone waxes lyrical about the stunning potential of the mainland's latest special economic district or free-trade zone, this column ...

    http://www.scmp.com/business/article/1310491/shanghai-free-zone-smells-its-just-another-property-deal
  10. Business - Comment - MONITOR

    Even Hong Kong's best efforts may not help to clear our air

    Posted Feb 12th 2014, 12:46am by Tom Holland

    ... not be immediately detectable in the form of better pollution-free visibility in Hong Kong's atmosphere. As China continues to develop, its demand for power will only increase Although much of the nasty ...

    http://www.scmp.com/business/article/1426234/even-hong-kongs-best-efforts-may-not-help-clear-our-air

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