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  1. English has always been an integral part of Hong Kong's international trade

    Posted Jul 20th 2011, 12:00am

    ... the integral part English has always played, and continues to play, in that very environment. Hong Kong was built, from the beginning, on international trade, much of it British and most conducted ... and went on to say that if the Hong Kong government 'wishes to fill jobs with international workers, it needs to confront issues that increasingly deter those workers. If it wishes jobs ...

  2. Beijing slashes by half unpopular tariff on electronic goods

    Posted Jan 29th 2011, 12:00am by Michael Martin

    ... Michael Martin Beijing halved the tariff on imported information technology products after a public outcry arose over people being charged 1,000 yuan (HK$1,180) for iPads they bought in Hong Kong or abroad. The State Council had approved cutting the tarif ...

  3. New US yuan act fails to clear crucial WTO trade-law hurdle

    Posted Oct 26th 2011, 12:00am

    ... themselves an unfair trade advantage. China is not mentioned, but it is the obvious target. The bill's supporters believe that under international trade laws, China's persistent ... Oversight Reform Act of 2011 passed by the US Senate two weeks ago is not only economically misguided, it suffers from a fatal legal flaw, according to the World Trade Organisation's (WTO) ...

  4. Businesses urged to watch out for new trade barriers

    Posted Nov 04th 2011, 12:00am

    ... Trade Organisation's Valentine Rugwabiza, who was in Hong Kong to attend a global business forum on the eve of the G20 world leaders' summit in France. Global trade protectionism ... six months. Rugwabiza said the G20 had shown no new efforts in relaxing or removing existing trade restrictions, particularly those introduced since the onset of the financial crisis in 2008. ...

  5. China's slide into a trade deficit is nothing to do with the yuan

    Posted Mar 29th 2011, 12:00am by Tom Holland

    ... economists in the US capital have blamed America's swelling trade deficit with China on the undervaluation of the yuan. They accuse Beijing of intervening in the foreign exchange market to keep the yuan artificially low in order to steal an unfair price advantage for China's exports in world markets. The result, as they see it, is America's bilateral trade deficit with China. ...

  6. Delegates call for cut in luxury-goods tax

    Posted Mar 05th 2011, 12:00am by Celine Sun

    ... Import tariffs for luxury goods and electronic products should be lowered to encourage affluent consumers to spend money inside the country, said CPPCC delegates. They said the overly high tariffs had been unchanged for more than a decade and were a key r ...

  7. Increasing imports point to trade deficit in first three months

    Posted Jan 28th 2011, 12:00am by Denise Tsang

    ... Denise Tsang China may move from a trade surplus to a trade deficit during this quarter as import growth exceeds that of exports, a central government research centre has said. Exports may ... trade frictions, according to a State Information Centre report published in the China Securities Journal yesterday. A trade deficit, however, may ease some tensions with the United States over ...

  8. Rita, the game is over... but enjoy the skiing

    Posted Jan 30th 2011, 12:00am by Jake Van Der Kamp

    ... as an outgrowth of something called the GATT, the General Agreement on Tariffs and Trade. The WTO was the second attempt to formalise the GATT. The first attempt, the International Trade Organisation, ... government ideas in technology. And she doesn't need to go to Davos to review progress in the negotiations of the World Trade Organisation. There has been no progress. But the World Economic ...

  9. Little chance of currency deal to avert looming trade battle

    Posted Jan 11th 2011, 12:00am by Tom Holland

    ... threshold. How the international community would police any agreement is unclear. But suggestions include penalising backsliders by imposing trade sanctions through the World Trade Organisation, ... with Tom Holland The Brazilian finance minister believes the world's 'currency war' is going to escalate into a global trade war. He may be right. Guido Mantega caused ...

  10. Beijing closer to taking yuan international

    Posted May 21st 2011, 12:00am

    ... investors. The Shanghai Stock Exchange is likely to open its international board this year where foreign firms such as HSBC Holdings will be traded. NYSE Euronext chairman Jan-Michiel Hessels said ... Ka-keung. The liberalisation follows a pilot scheme in July 2009 when Beijing allowed companies to settle trades in yuan. Zhou Xiaochuan (pictured), governor of the People's Bank of China, told ...




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