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  • November 24, 2014
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Results 1 - 6 of 6 for import quota

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  1. Filled quota brings yuan party to abrupt halt

    Posted Oct 30th 2010, 12:00am by Enoch Yiu

    ... settlement that can be done in yuan but that the cap had been reached. Late on Thursday, the Hong Kong Monetary Authority announced that the annual 8 billion yuan settlement quota had been reached. ... bankers- who had no idea that such a quota even existed- demanded more transparency from the authorities. 'We were never informed about the annual quota until it was filled,' said a local ...

  2. To avoid a future crisis, Hong Kong needs to come up with a water plan

    Posted Jul 07th 2012, 12:00am

    ... in 2009 when severe drought struck Guangdong, we still received our full quota. Guangdong declined Hong Kong's offer to take less water for drought relief so the water purchase agreement would be honoured. Hong Kong has 21 treatment facilities that take about 10 steps to filter and purify the imported Dongjiang water. After the treatment, the quality meets the European Union ...

  3. Exporters slide on fears of potential trade war

    Posted Nov 20th 2003, 12:00am by Staff Reporter

    ... Nichole Chan The Hang Seng Index suffers from profit taking as US quotas dampen sentiment Investors locked in profits yesterday on concerns a potential trade war between China and the United States could dampen Hong Kong export growth after a US trade panel called for a limit on certain textile products imported from the mainland. The Hang Seng Index fell 154.27 points ...

  4. Vice-premier boosts HK role as yuan trade hub

    Posted Aug 18th 2011, 12:00am

    ... will allow mainlanders to invest in Hong Kong stocks. Several other measures will encourage expanded use of the yuan. One is a 20 billion yuan (HK$24.4 billion) quota for Hong Kong companies ... the currency by these new measures. 'Most importantly, the vice-premier has confirmed Hong Kong's role as an offshore yuan trading centre for China. This would help Hong Kong fend off rivals ...

  5. HK agrees to pay Guangdong more for water

    Posted Oct 21st 2011, 12:00am

    ... Cheung Chi-fai and Amy Nip in Dongguan Hong Kong will pay HK$11.2 billion to continue importing water from the Dongjiang, or East River, in Guangdong under a three-year deal that locks ... said maintaining a reliable supply for the city was a top priority amid growing competition for water from cities in Guangdong, whose supplies were already subject to quotas. He said a reserve ...

  6. Good news that garment factories returning to HK

    Posted Jun 09th 2005, 12:00am by Staff Reporter

    ... manufacturers to move their mainland factories back to Hong Kong to escape the Sino-US trade row.' With the US and the EU slapping quotas on some of the most popular garment categories of Chinese ... will be found. Of course, Mr Lee has never negotiated with a US or EU garment buyer. They will only pay so much or the business goes somewhere else. For once, will our union leaders agree to import ...



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