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  1. Business - Economy - CHINA

    Premier Li Keqiang rules out strong stimulus despite weaker growth

    Posted Apr 16th 2014, 11:46pm by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Reserve requirement ratio for rural banks will be cut, while tax relief for firms also on cards Li rules out strong stimulus despite weaker growth Premier Li Keqiang has resisted calls for a strong stimulus despite the mainland's economy expanding at its slowest pace since 2012. The State Council, at a meeting chaired by Li ...

    http://www.scmp.com/business/economy/article/1484982/premier-li-keqiang-rules-out-strong-stimulus-despite-weaker-growth
  2. Business - Economy - CHINA

    Premier pledges continued steady investment growth

    Posted Apr 18th 2013, 12:00am by SANDY LI AND REUTERS

    ... Li Keqiang makes commitment to infrastructure building amid fears over local government debt The mainland will continue to increase investment at a "reasonable" pace, Premier Li Keqiang was quoted as saying yesterday, while promising to control risks arising from the pile of local government debt. State radio quoted Li as saying Beijing would step up efforts to build ...

    http://www.scmp.com/business/economy/article/1217060/premier-pledges-continued-steady-investment-growth
  3. News - Hong Kong - CHINA

    Beijing 'will do everything' to maintain Hong Kong's economic might, Li vows

    Posted Mar 13th 2014, 02:37pm by Kwong Man-ki

    ... remain steadfast, Premier Li Keqiang said as he vowed Beijing would “do everything” to help maintain the territory’s economic status. He pledged the government’s support to the city – a sometimes ... and clear,” Li said. The premier said Hong Kong played a key role in the country’s “opening up” economic policy, which began in the 1970s. “Hong Kong has made significant contributions during reforms ...

    http://www.scmp.com/news/hong-kong/article/1447754/beijing-will-do-everything-maintain-hong-kongs-economic-power-li-vows
  4. Business - Banking & Finance - CHINA

    HSBC and BEA approved to operate in Shanghai free-trade zone

    Posted Oct 13th 2013, 12:00am by KANIS LI

    ... Kanis Li Kanis.li@scmp.com Banks given approval for sub-branches in mainland's first free-trade area HSBC and BEA in for Shanghai trade zone HSBC and Bank of East Asia have won approval to set up a presence in the Shanghai free-trade zone, putting them among the first foreign banks there following similar approval granted to DBS and Citigroup last month. Both banks plan ...

    http://www.scmp.com/business/banking-finance/article/1330549/hsbc-and-bea-approved-operate-shanghai-free-trade-zone
  5. Business - Economy - CHINA

    China's consumer inflation tame in July, but producer deflation stubborn

    Posted Aug 10th 2014, 05:53am by Reuters

    ... outlook remains mild; however, the deflation risks may even rise in the foreseeable future if the growth momentum weakens again," ANZ economists Liu Li-Gang and Zhou Hao said in a research ...

    http://www.scmp.com/business/economy/article/1570236/chinas-consumer-inflation-tame-july-producer-deflation-stubborn
  6. Business - Banking & Finance - CHINA

    Lending adds increasingly less to Chinese GDP, pressuring Premier Li

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

    ... increasingly inefficient The mainland economy is proving less responsive to credit, escalating pressure on Premier Li Keqiang to strengthen the role of private enterprise. The government's ... Without a refocus away from state-approved projects, Li and President Xi Jinping risk overseeing both a further slowdown in growth and an increase in non-performing loans. "Less efficient ...

    http://www.scmp.com/business/banking-finance/article/1250089/lending-adds-increasingly-less-chinese-gdp-pressuring
  7. Business - Economy - CHINA

    Beijing eyes new regional free-trade deal as US-led pact falters

    Posted May 01st 2014, 01:28am by KRISTINE KWOK

    ... in Beijing in November. Premier Li Keqiang raised the possibility of such a feasibility study at the Boao Forum in Hainan on April 10. Wang's comments on the possible regional trade agreement ...

    http://www.scmp.com/business/economy/article/1501232/beijing-eyes-new-regional-free-trade-deal-us-led-pact-falters
  8. Business - Economy - CHINA

    Beijing urged to act as rising local government debts threaten reform

    Posted Mar 26th 2014, 05:29am by Ray Chan, Jeanny Yu

    ... debt will mature in 2014, indicating a different degree of refinancing risk, analysts with Moody's said in a report. President Xi Jinping and Premier Li Keqiang are grappling with a surge ... in the banking industry, spurring real reforms then. Li Taokui, a former adviser to the People's Bank of China, said the local government debt problem will be a "mini-crisis" which ...

    http://www.scmp.com/business/economy/article/1457354/beijing-urged-act-rising-local-government-debts-threaten-reform
  9. Business - Economy - CHINA

    China's October economic data good news for leaders as plenum starts

    Posted Nov 10th 2013, 06:29am by BLOOM

    ... the confidence of President Xi Jinping and Premier Li Keqiang as they wrestle with the scale and pace of reform at the four-day third plenum of the party's Central Committee. "The recovery ...

    http://www.scmp.com/business/economy/article/1352226/chinas-october-economic-data-good-news-leaders-plenum-starts
  10. Business - Economy - CHINA

    Beijing reaffirms commitment to credit support to boost real economy

    Posted Jun 20th 2013, 12:00am by Raymond Li

    ... Council chaired by Premier Li Keqiang yesterday, the cabinet unveiled a raft of initiatives to spur economic restructuring and maintain balanced growth. The economy grew at a slower-than-expected ... Raymond Li in Beijing raymond.li@scmp.com The cabinet unveils a host of initiatives to spur restructuring and maintain balanced growth Beijing firm on its pledge for credit support Beijing ...

    http://www.scmp.com/business/economy/article/1264577/beijing-reaffirms-commitment-credit-support-boost-real-economy

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