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  • July 22, 2014
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  1. Business - Economy - TRADE

    Overlooking services’ key role distorts trade picture

    Posted Apr 02nd 2014, 10:29am by PATRICK LOW

    ... of measurement, services are about 25 per cent of total global trade. Yet in production statistics (gross domestic product), they account for some two-thirds of all output. If China were to report ... is measured in terms of value addition, while trade is measured as gross value. That, for example, makes it look as if Hong Kong's total exports are 225 per cent of national production. Singapore ...

  2. Give the people's assets right back to the people

    Posted Mar 25th 2011, 12:00am by Tom Holland

    ... have claimed repeatedly that they want to encourage people to go out and spend more. Yet over the same period household spending has shrunk as a proportion of gross domestic product. Some China ... account surplus is simply the extent by which China's savings exceed its domestic investment, they argue the shrinkage is evidence that Chinese consumers are saving less and spending more. ...

  3. Business - China Business

    Number of super-rich on the mainland drops by 20 to 251

    Posted Sep 25th 2012, 12:00am by AFP

    ... a significant slowdown amid the broader global slump. Gross domestic product grew 9.3 per cent last year and hit a three-year low of 7.6 per cent in the three months to June for the sixth consecutive ...

  4. Inflation expected to remain top target

    Posted Nov 25th 2010, 12:00am by Ed Zhang

    ... Yuanzheng, BOC International's chief economist, said in a recent speech that, ideally, China should strive for annual gross domestic product growth of above 8 per cent, with inflation below ...

  5. Rate rise is a bid to rebalance economy

    Posted Oct 23rd 2010, 12:00am by Cary Huang

    ... because any unexpected rise in inflation, gross domestic product, industrial production or retail sales in the world's second-largest economy would have global implications. The latest GDP ...

  6. Analysts expect slower growth, stronger yuan

    Posted Jan 08th 2011, 12:00am by Enoch Yiu, Toh Han Shih

    ... and weaker demand from the West. Demand for property would fall as urbanisation slowed, Ma said. An ageing population also means fewer workers and falling productivity. Speaking in a Bank of East ...

  7. Comment - Insight & Opinion

    Chinese officials must tighten their belts

    Posted Sep 13th 2012, 12:00am by Hu Shuli

    ... structure under these conditions. China's ratio of government spending to gross domestic product is already catching up with those of developed countries'. Officials must watch ...

  8. Economic growth expected to slow after 6.5pc surge in second quarter

    Posted Aug 14th 2010, 12:00am by Dennis Eng

    ... Dennis Eng Economic growth in Hong Kong is expected to slow in the second half of this year after healthy exports and domestic spending helped second-quarter gross domestic product expand ... as interest rate rises are often used to prevent consumer and asset prices from rising too much or too quickly. 'Overall, we expect domestic demand growth to weaken, but only a little, over ...

  9. Policy shifts in the wings as economy slows

    Posted Jul 20th 2010, 12:00am by Staff Reporter

    ... Mainland officials attach great importance to gross domestic product growth figures because they affect their performance, job creation and social stability. There has been speculation since July ... and the mainland should expand domestic demand and stabilise external demand, Xinhua reported. The mainland has relied heavily on fixed-asset investment to boost economic growth. In a bid last year ...

  10. Mainland growth eases as inflation hits a high

    Posted Oct 22nd 2010, 12:00am by Cary Huang

    ... of decline has largely stabilised,' Qu said, adding that despite slower export growth, domestic demand continued to hold up. Ben Simpfendorfer, an economist with Royal Bank of Scotland, said his ... to boost domestic consumption and shift away from an investment-led model. But Orlik said: 'The third-quarter growth data shows that the government can step on the gas, but it does not show ...




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