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  • July 12, 2014
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  1. Speculators accused of fuelling fears of land shortages

    Posted Jul 02nd 2005, 12:00am by Staff Reporter

    ... and driving up housing costs. In an interview aired on Thursday night on China Central Television, Vice-Minister Lu Xinshe criticised some developers for capitalising on the state policy of tightening up the land supply, which was introduced to help prevent property bubbles. Mr Lu said land supply grew by 4 per cent across the country last year despite a State Council freeze ...

  2. Bursting the bubble

    Posted Jun 19th 2010, 12:00am by Bernard Chan

    ... Bernard Chan Inviting Civic Party leader Audrey Eu Yuet-mee to a debate on the political reform package for 2012 was bound to be a risk for Chief Executive Donald Tsang Yam-kuen. Many people thought Tsang was crazy when he issued the invitation just days ...

  3. A bubble warning we shouldn't lose sleep over

    Posted Dec 07th 2009, 12:00am by Staff Reporter

    ... to prevent potential bubbles forming at a time when major economies around the world are flooded with liquidity. While there may be good reason for such concerns, the dangers have arisen as a result ... Fund's expression of concern about bubbles emerging in Hong Kong's property and stock markets. It has called on the government to take action. Chief Executive Donald Tsang Yam-kuen has ...

  4. China needs to sustain cooling efforts, economist says

    Posted Mar 18th 2005, 12:00am by Mark O'Neill

    ... Roach said a bubble existed only in Shanghai and some other coastal cities. 'The US has a nationwide bubble, with housing prices rising by double digits in 25 states last year.' He ...

  5. China stint may help envoy in White House run

    Posted Feb 02nd 2011, 12:00am by Shi Jiangtao

    ... election, Sino-US watchers say. The fluent Putonghua speaker and former Utah governor on Monday resigned as President Barack Obama's man in China, effective from April 30, the White House said. Although White House spokesman Robert Gibbs sidestepped questions about Huntsman's political intentions, the move is widely seen as removing an obstacle to his chances of seeking ...

  6. Affordable housing a daunting challenge

    Posted Jun 22nd 2010, 12:00am by Staff Reporter

    ... to fulfilling people's aspirations for adequate housing. The dream of owning a home is also increasingly beyond the reach of the middle class. Our five-part series on the mainland's housing ... and Western-style villas do not tell the complete story. It began with reforms to boost the economy in 1998, which replaced the previous welfare-based allocation of housing with a commercialised market. ...

  7. The economic lesson China must learn from 1980s Japan

    Posted Oct 21st 2009, 12:00am by Tom Holland

    ... of course, that Japan's rise to economic pre-eminence never happened. It was postponed indefinitely when the bubble economy burst in 1990 and Japan lapsed back into a lost decade that is fast becoming two lost decades. Now, warns Tomo Kinoshita, a deputy chief economist at Japanese brokerage house Nomura International, China risks following the same economic trajectory. The danger ...

  8. Freedom House cheers bill deferral

    Posted Jul 10th 2003, 12:00am by Jimmy Cheung

    ... International pressure is mounting on the Hong Kong government to redraft or even abandon the national security legislation. The Freedom House, a US-based non-partisan group supporting ... triumphed in Hong Kong,'' a statement said. Commenting on the 500,000-strong street protest on July 1, Freedom House executive director Jennifer Windsor said Hong Kong people had clearly ...

  9. Lai See

    Posted Jan 18th 2011, 12:00am by Howard Winn

    ... accounts. The association celebrated its 60th anniversary with a fun day that raised over HK$1 million which will go to the charities Harmony House, Hong Kong PHAB Association and Kely Support ... by China as the world's second-biggest economy and its property bubble is in a 20-year slump. God's work In an effort to add some lustre to its somewhat tarnished image, Goldman Sachs ...

  10. Socialist-market virus threatens US and China

    Posted Jul 31st 2009, 12:00am by James Dorn

    ... and fuelled US federal spending, thus spreading the socialist-market virus. China's own stimulus programme is creating asset bubbles in the stock and housing markets. Current money and credit ...




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