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  • July 22, 2014
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  1. News - Hong Kong - ECONOMY

    Political tensions could undermine Hong Kong as China's top financial centre: Joseph Yam

    Posted Jun 23rd 2014, 11:36pm by Cannix Yau and Enoch Yiu

    ... Cannix Yau and Enoch Yiu Amid tensions over electoral reform, former Monetary Authority chief warns of threat to Hong Kong as China's top financial centre Political uncertainty 'could undermine city' Hong Kong's former central banker Joseph Yam Chi-kwong has warned that the city could lose its status as China's top financial centre if political ...

    http://www.scmp.com/news/hong-kong/article/1539240/political-tensions-could-undermine-hong-kong-top-financial-centre
  2. News - Hong Kong - ECONOMY

    Year-on-year inflation in Hong Kong slowed slightly in June, government reports

    Posted Jul 21st 2014, 06:10pm by Phila Siu

    ... Phila Siu phila.siu@scmp.com Overall consumer prices rose 3.6 per cent year-on-year in June, having risen 3.7 per cent in May Year-on-year inflation in Hong Kong slowed slightly last month, government figures released on Monday showed, down to 3.6 per cent. Overall consumer prices rose 3.6 per cent this June from the same month last year, having risen 3.7 per cent ...

    http://www.scmp.com/news/hong-kong/article/1557006/year-year-inflation-hong-kong-slowed-slightly-june-government-reports
  3. News - Hong Kong - ECONOMY

    Hong Kong's economy does not rely on mainland tourists, says financial secretary

    Posted Jun 16th 2014, 04:53am by Ernest Kao

    ... is slightly exaggerated and inconsistent with the facts." He said arguing that the city was too reliant on the mainland economy "ignored the historical trajectory of Hong Kong's economic development over the past half-century". Tsang wrote: "Hong Kong's economy and the country's development has always been closely linked," adding ...

    http://www.scmp.com/news/hong-kong/article/1533469/mainland-chinese-visitor-claim-exaggerated-says-john-tsang
  4. Business - Economy - ECONOMY

    Deutsche co-chief for Asia an unabashed bull

    Posted Jul 21st 2014, 03:18am by Jasper Moiseiwitsch and Ray Chan

    ... high-yield volumes. However, persistent news reports about an oversupplied real estate market, amplified by wider concerns about the health of the economy and its banking system, has hurt issuance. ... in a different currency. This is streaming investors into China's high-yield bonds, of which most are issued by property firms. "The carry game is still on the table. The China high-yield ...

    http://www.scmp.com/business/economy/article/1556885/deutsche-bank-investment-director-unabashed-bull-asia-pacific
  5. News - Hong Kong - ECONOMY

    Logistics firms eye artificial island at HK-Zhuhai-Macau bridge

    Posted Jul 15th 2014, 04:29am by FANNY FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Logistics firms eye artificial island A planned artificial island at the border crossing of the Hong Kong-Zhuhai-Macau bridge should set aside land ... businesses expressed hope of being part of that development. "Manufacturers in the Pearl River Delta have bypassed Hong Kong. We hope the bridge will bring opportunities back to Hong Kong ...

    http://www.scmp.com/news/hong-kong/article/1554240/logistics-firms-eye-artificial-island-hk-zhuhai-macau-bridge
  6. Business - Economy - ECONOMY

    Mainland China growth rates don't add up

    Posted Jul 14th 2014, 03:09am by Benjamin Robertson

    ... Wu's data was less bullish. He thinks the economy grew 6.3 per cent and 4.1 per cent in those two years, respectively. "Anyone close to China's statistics-issuing process understands ...

    http://www.scmp.com/business/economy/article/1553600/mainland-china-growth-rates-dont-add
  7. Business - Economy - ECONOMY

    World Bank chief backs launch of BRICS bank

    Posted Jul 09th 2014, 05:20am by Victoria Ruan

    ... lenders. Kim said the World Bank agreed to launch a study in collaboration with Beijing on reforms for China's health sector in a bid to help the country accelerate its efforts to provide ...

    http://www.scmp.com/business/economy/article/1549975/world-bank-chief-backs-launch-brics-bank
  8. News - China - ECONOMY

    Guangdong still in frame for free-trade zone, deputy commerce minister says

    Posted Jul 01st 2014, 03:45am by Kwong Man-ki

    ... the next free-trade zone," she said. Guangdong proposed the creation of a pilot plan encompassing Hong Kong, Macau and part of the province to foster economic ties with neighbouring regions, ... had been put on hold to cool the nationwide frenzy to compete for the special status, given some of the proposals were incomplete. The report, in last month's issue of Xinhua's ...

    http://www.scmp.com/news/china/article/1543937/guangdong-still-frame-free-trade-zone-deputy-commerce-minister-says
  9. Business - Economy - ECONOMY

    IMF forecasts strengthening economic growth in second half

    Posted Jul 07th 2014, 05:26am by Reuters

    ... central banks' accommodative policies could have only limited impact on demand and that countries should also act to boost growth by investing in infrastructure, education and health ...

    http://www.scmp.com/business/economy/article/1548294/imf-forecasts-strengthening-economic-growth-second-half
  10. News - Hong Kong - ECONOMY

    Hong Kong’s economic growth in first quarter slowest since 2012

    Posted May 16th 2014, 06:35pm by Amy Nip

    ... Amy Nip amy.nip@scmp.com Snowstorms in US caused drop in exports in first two months of the year Growth slows to 2.5pc but likely to pick up Economic growth slowed to 2.5 per cent year-on-year in the first quarter- the worst since 2012- due to sluggish go ...

    http://www.scmp.com/news/hong-kong/article/1513575/hong-kongs-economic-growth-first-quarter-slowest-2012

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