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  1. Economy to rebound, IMF says

    Posted Apr 18th 2012, 12:00am

    ... Outlook report, the IMF said that China's GDP should rebound to 8.8 per cent next year despite the internal risks. Separately, HSBC forecast Chinese economic growth would accelerate to 8.3 ... but was sustained by 'resilient domestic demand', the IMF said. 'Investment and private consumption remained strong in China, buoyed by solid corporate profits and rising household ...

  2. IMF's clear and tangible timidity in HK

    Posted Dec 13th 2011, 12:00am

    ... Jake van der Kamp 'Given the uncertainty about global growth prospects, a recession next year is a clear and tangible risk for Hong Kong.' Nigel Chalk IMF mission chief for China ... and Beijing is now reconsidering its entire high-speed railway programme. Not a word of it. The danger is an external one and the specific danger is external shock from Europe. The IMF, you must ...

  3. Ease tax burden on households and businesses, IMF advises

    Posted Nov 12th 2008, 12:00am by Dennis Eng

    ... for the year as a whole,' IMF staff concluded. The government has already waived various rates and fees and increased spending on low-income groups. 'Our sense is the one-off measures ... the appropriate tax structure, and the likely fiscal outlays over the medium term,' the IMF said. 'Such a medium-term perspective would, we believe, lead to the conclusion that the stimulus ...

  4. Who said it?

    Posted Nov 10th 2011, 12:00am

    ... I am afraid a major eruption in the largest market in the world... is going to affect everyone on earth and Hong Kong cannot be totally exempted Chief Executive Donald Tsang There are dark clouds gathering in the global economy... We could face a lost decade of low growth and high unemployment IMF managing director Christine Lagarde, urging nations to work together to counter ...

  5. Beijing lowers expectations as demand slumps

    Posted Jul 07th 2012, 12:00am

    ... The forecast of slowing exports from the world's second-biggest economy came as Christine Lagarde, managing director of the International Monetary Fund (IMF), said the global economy had worsened. ... for global growth will be lower than the IMF anticipated three months ago, Lagarde said in Tokyo yesterday. 'Over the past few months, the outlook has become more worrisome. Many indicators ...

  6. Lai See

    Posted Sep 08th 2003, 12:00am by Staff Reporter

    ... received a boilerplate IMF press release - peppered with gems like 'Trade can be a powerful tool for development' - along with a note that 'The IMF would encourage your paper either ...

  7. Shaky global economy clouds Hong Kong outlook

    Posted May 11th 2012, 12:00am

    ... Anoop Singh We at the IMF have become more cautiously optimistic in our outlook for global growth over the past few months. A string of encouraging economic indicators have emerged from ... of the IMF's Asia and Pacific department ...

  8. Hong Kong's outlook is not as black as the pessimists paint it

    Posted Nov 18th 2011, 12:00am

    ... to injury, the IMF warned that even though output could contract, consumer inflation would remain relatively high, at between 4 and 5 per cent, as rents catch up with the rise in property prices over ... to look bleak indeed. But don't be too downhearted. Both Tsang's forecast of 2 per cent growth and the IMF's recession warning are very much worst-case scenarios. The probability ...

  9. Talking points

    Posted Jun 23rd 2011, 12:00am

    ... to buy them at home. Lagarde to audition for IMF job French Finance Minister Christine Lagarde is set to appear before the International Monetary Fund's executive board to make the case ... never before been represented in the position of IMF managing director. The two are vying to replace France's Dominique Strauss-Kahn, who resigned in May to face trial in New York ...

  10. Next year should be good but economic old age is approaching

    Posted Dec 27th 2006, 12:00am by Tom Holland

    ... the IMF, Hong Kong's economic output will have fallen 20 per cent compared with the level achieved with the current population profile. That decline will be especially hard ... the IMF forecasts that without a change in policy, government welfare spending on old people could triple from 4 per cent of GDP now to 12 per cent by 2045. That compares with total government ...




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