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  1. Business - Comment - MONITOR TOM HOLLAND

    Hong Kong's out-of-pocket medical expenses set to double by 2020

    Posted Dec 14th 2012, 12:00am by Tom Holland

    ... Tom Holland A survey examining expected growth, the rise in population, and relatively high inflation rate for medical services proves painful reading HK's out-of-pocket medical ... Kong's expected economic growth, the growth in our population, and the relatively high rate of inflation for medical services (see the second chart). As a result, they estimated ...

    http://www.scmp.com/business/article/1104776/hong-kongs-out-pocket-medical-expenses-set-double-2020
  2. Business - Comment - MONITOR TOM HOLLAND

    Blame greed, not the yuan, for Hong Kong's food price rises

    Posted Nov 07th 2012, 12:00am by Tom Holland

    ... that the yuan's appreciation would drive up food price inflation here in Hong Kong. It sounds like a reasonable argument. After all, the city imports much of its food from the mainland. ... inflation in Hong Kong. So with the yuan currently riding high, the warnings of steeper food price rises might seem to be justified. Please forgive me for being a cynic, however, but I just ...

    http://www.scmp.com/business/article/1076498/blame-greed-not-yuan-hong-kongs-food-price-rises
  3. Business - China Business - MONITOR TOM HOLLAND

    Worrying economic parallels between China and India

    Posted May 21st 2013, 12:00am by Tom Holland

    ... spending may have helped redistribute wealth and support growth, but it also exacerbated inflation and crowded out productive private sector investment. As a result, both consumer and wholesale inflation rose to more than 10 per cent, forcing the central bank to raise interest rates to punitive levels. In response, private sector investment dropped from 27 per cent of GDP to 24 per cent. ...

    http://www.scmp.com/business/china-business/article/1242265/worrying-economic-parallels-between-china-and-india
  4. Business - Comment - MONITOR TOM HOLLAND

    Cautionary fable from 1994 holds good for China today

    Posted Nov 27th 2012, 12:00am by Tom Holland

    ... of inflation. Krugman's is indeed a cautionary fable. Under that scenario, China's new leaders could end up going the same way as the Soviet Union's last. tom.holland@scmp.com ...

    http://www.scmp.com/business/article/1091571/cautionary-fable-1994-holds-good-china-today
  5. Business - Comment - MONITOR TOM HOLLAND

    Think of China as a continent, not as one national economy

    Posted Nov 26th 2012, 12:00am by Tom Holland

    ... their growth rates do tend to slow. Just consider Hong Kong. Since the late 1980s, the city's gross domestic product per head has doubled in real inflation-adjusted terms. But over the same ...

    http://www.scmp.com/business/article/1090755/think-china-continent-not-one-national-economy
  6. Business - Comment - MONITOR TOM HOLLAND

    Over the US fiscal cliff and out of the financial woods

    Posted Dec 04th 2012, 12:00am by Tom Holland

    ... of just 2.4 per cent over the last three years- lower than Hong Kong's average rate of inflation- is that so little of their assets under management have been invested in the United States. ...

    http://www.scmp.com/business/article/1096781/over-us-fiscal-cliff-and-out-financial-woods
  7. Business - Economy - MONITOR TOM HOLLAND

    Five years after crisis began, we still can't see the elephant

    Posted Aug 17th 2012, 12:00am by Tom Holland

    ... calm, like the one much of the world enjoyed between 2002 and 2007 during the "great moderation" of low interest rates, low inflation and falling volatility, are dangerously ...

    http://www.scmp.com/business/economy/article/1016530/five-years-after-crisis-began-we-still-cant-see-elephant
  8. Business - Economy - MONITOR TOM HOLLAND

    Re-exports disguise Hong Kong's gloomy outlook

    Posted Aug 13th 2012, 12:00am by Tom Holland

    ... to its exports had little impact on the city's real economy, except to inflate property prices at the more ostentatious end of the market. If weakening demand for China's exports now ...

    http://www.scmp.com/business/money/money-news/article/1008761/re-exports-disguise-hong-kongs-gloomy-outlook

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