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  • September 23, 2014
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  1. Business - China Business - ECONOMY

    State subsidies report casts doubt on fair business practices in China

    Posted Sep 23rd 2014, 05:18am by Eric Ng, VICTORIA RUAN AND SIJIA JIANG

    ... of Commerce in Beijing earlier this month said the central government's use of the anti-monopoly law against foreign firms may violate its World Trade Organisation commitments. Some 88 per cent, ...

    http://www.scmp.com/business/china-business/article/1598225/state-subsidies-report-casts-doubt-fair-business-practices
  2. Business - Economy - ECONOMY

    G20 chiefs fear market risks from low interest rates

    Posted Sep 22nd 2014, 04:28am by Bloomberg

    ... had considered asking investors to be vigilant against taking excessive risks in the communique, according to a delegate from a G20 economy, who asked not to be identified because the talks were private. Some members argued against including the warning on concern it could cause reactions in financial markets, he said. Finance chiefs and central bankers agreed monetary policy ...

    http://www.scmp.com/business/economy/article/1597565/g20-chiefs-fear-market-risks-low-interest-rates
  3. News - China - ECONOMY

    Guangdong farmers wait for the bulldozers amid ambitious new-town plans

    Posted Sep 12th 2014, 05:52am by He Huifeng

    ... to give up their property, even though the village committee has already agreed to the government blueprint. Villagers protested against the plans at least twice last year in front ... the first half- down 1.4 percentage points compared with the same time last year, according to official data. Yu Yunzhou, deputy director of Guangdong's Development and Reform Commission ...

    http://www.scmp.com/news/china/article/1590430/guangdong-farmers-wait-bulldozers-amid-ambitious-new-town-plans
  4. News - China - ECONOMY

    Li Keqiang leaves world business leaders disappointed at Tianjin economic forum

    Posted Sep 10th 2014, 11:40pm by Victoria Ruan

    ... and Reform Commission, said China's economic growth rate would slow to 7 per cent in the longer term as the government chases higher-quality growth. Gross domestic product grew 7.4 per cent year ...

    http://www.scmp.com/news/china/article/1589707/li-keqiang-fails-outline-new-steps-boost-economy-summer-davos-forum
  5. Business - Economy - ECONOMY

    Investors in Asia calmer over future U.S. interest rate rise

    Posted Sep 09th 2014, 04:42am by Reuters

    ... idiosyncratic forces are more dominant drivers than the global forces," said Jahangir Aziz, head of Asian research at JP Morgan. "They allow you to hedge against global changes." ...

    http://www.scmp.com/business/economy/article/1588108/investors-asia-calmer-over-future-us-interest-rate-rise
  6. News - Hong Kong - ECONOMY

    Hong Kong retail sales slump by 3.1pc in July as consumers scrimp on luxury

    Posted Aug 28th 2014, 05:54pm by Amy Nip

    ... 12.5 per cent on the same period last year. But tourists no longer bought as much. Their appetite for luxury goods has been dampened by an austerity drive and Beijing's corruption ... until October, with many protests likely to fall on Sundays, a prime shopping day. "I am not against demonstrations. But it is unavoidable that businesses would be affected," she said. ...

    http://www.scmp.com/news/hong-kong/article/1581472/hong-kong-retail-sales-slump-31pc-july-consumers-scrimp-luxury
  7. News - Hong Kong - ECONOMY

    Retailers seek to keep watch sales ticking amid slowdown

    Posted Sep 04th 2014, 03:51am by Amy Nip

    ... last year, as Beijing's crackdown on corruption and official extravagance took hold. And local firms among the 760 exhibitors at the Hong Kong Watch and Clock Fair, which opened yesterday, ...

    http://www.scmp.com/news/hong-kong/article/1584641/retailers-seek-keep-watch-sales-ticking-amid-slowdown
  8. Business - Economy - ECONOMY

    Hong Kong in lukewarm response to European Central Bank rate cut

    Posted Sep 06th 2014, 05:37am by Benjamin Robertson

    ... to a 13-month low against the Hong Kong dollar and looks likely to stay there given expectations for a US rate increase early next year. A cheaper currency will be popular with exporters to China ...

    http://www.scmp.com/business/economy/article/1586263/hong-kong-lukewarm-response-european-central-bank-rate-cut
  9. News - China - ECONOMY

    Guangdong talks up role in ‘maritime Silk Road’ to boost trade with Asean

    Posted Aug 28th 2014, 04:45am by Andrea Chen

    ... Development and Reform Commission. Guangdong's initiative comes as the Canton Fair, the country's largest trade exhibition, has faced a decline in both trade volume and attendance over ...

    http://www.scmp.com/news/china/article/1581360/guangdong-talks-role-maritime-silk-road-boost-trade-asean
  10. News - Hong Kong - ECONOMY

    Beijing to consult Hong Kong on its 13th five-year plan

    Posted Aug 20th 2014, 04:14am by Denise Tsang

    ... into the nation's economic development plan in the five years to 2020. The nation's planning agency, the National Development and Reform Commission, would meet the Hong Kong government on cross-border ... Kong's economic development in the national context after the mainland's 12th five-year plan, which is due to be completed next year. "The State Council has agreed that the commission ...

    http://www.scmp.com/news/hong-kong/article/1577268/beijing-consult-hong-kong-its-13th-five-year-plan

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