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  • November 27, 2014
  • Last updated: 1:58pm
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Results 1 - 10 of 19 for income

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  1. Business - Economy - CHINA

    Move over Hong Kong, here comes... Chengdu?

    Posted Sep 18th 2014, 04:21pm by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Chengdu tops bigger cities in jobs, income growth What does the far-inland provincial capital of Chengdu have on cosmopolitan and financial centres such as Hong Kong and Shanghai? A lot, when it comes to growth in jobs and income, according to a report on Asia's fastest-growing and most dynamic cities, released by United States-based think ...

  2. Business - Economy - CHINA

    City migrants help boost rural incomes

    Posted Jan 31st 2013, 12:00am by BLOOM

    ... Bloomberg in Beijing Migrants from the countryside to mainland cities are helping push up rural incomes faster than urban ones, though rural spending still lags City money is home help Mainland incomes rose faster in the countryside than in cities last year for the third year as migrant workers boosted their pay and the government strengthened the social safety net. Rural per ...

  3. Business - Economy - CHINA

    Chinese upbeat on economic outlook as rest of the world sees gloom

    Posted Sep 10th 2014, 10:42am by AP

    ... conditions were unsatisfactory. Only in low-income "developing economies" did a majority (51 per cent) call economic conditions "good." Brazil has seen the steepest drop ... by rising prices, lack of jobs and the income gap between rich and poor. ...

  4. Business - Economy - CHINA

    Trade gloom hangs over Chinese economy

    Posted Sep 25th 2014, 05:40am by NICK EDWARDS

    ... remains muted, despite double-digit growth in real incomes in each of the past 10 years. Condon's figures show three periods of sustained export growth in the past 60 years, with the China ...

  5. Business - Economy - CHINA

    China heading for economic downturn, many warn

    Posted Dec 06th 2012, 12:00am by JANE CAI

    ... the new government takes office in March next year, many have expressed concerns about the unprecedented resistance to reform. Issues in most need of attention are uneven income distribution ...

  6. Business - Economy - CHINA

    Effort to build a nation of consumers meets resistance from budget-minded shoppers

    Posted Feb 03rd 2014, 04:01am by AP

    ... financial struggle highlights the hurdles that ambitious effort faces. Squeezed by higher costs and weak sales to budget-minded shoppers, Zhao said the income from his neighbourhood shop had fallen by half, to 50,000 yuan (HK$64,000) a year. "Prices are rocketing. People's incomes can hardly catch up," said Zhao, 38. "Daily necessities, yes, I still have to buy them. ...

  7. Property - Hong Kong & China - CHINA

    Wenzhou a case study of a property market taken over by speculators

    Posted Feb 19th 2014, 05:10am by Langi Chiang

    ... single-digit annual income growth. However, Wenzhou newspapers have long lists of homes to be auctioned by the courts as their former owners struggle after business failures. "It's a good buy ...

  8. Business - Economy - CHINA

    China rating agency downgrades US sovereign credit

    Posted Oct 18th 2013, 10:06am by Agence France-Presse in Beijing

    ... significantly outpaces that of fiscal income and gross domestic product remains unchanged." Dagong The announcement came after the US Congress passed and President Barack Obama signed a bill that extends the nation’s borrowing authority and ends a two-week government shutdown. “The fundamental situation that the debt growth rate significantly outpaces that of fiscal income and gross ...

  9. Property - Hong Kong & China - CHINA

    Beijing creates a generation of housing slaves

    Posted Feb 27th 2013, 12:00am by BLOOM

    ... SouFun. Home prices in Beijing and Shanghai each rose 2.3 per cent from December. Average per-square-metre prices in 100 cities tracked by SouFun are five times average disposable incomes. A 100-square-metre (1,076 sq ft) flat today costs about 40 years' income, according to SouFun and government data, even as salaries have more than quadrupled since 1998. Sheng was able to buy her ...

  10. Property - Hong Kong & China - CHINA

    Beijing puts prime land near third ring road up for sale again at higher price

    Posted Jul 03rd 2013, 12:00am by Reuters

    ... as revenues from land sales are a key source of income, even though they have been directed by the central government to increase land supply and cap home prices to keep a lid on social discontent. ... of rental markets. There are increasing calls from economists to change local governments' over-reliance on land sales and find a new source of fiscal income, such as property tax. Still, ...




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