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  • September 3, 2014
  • Last updated: 11:32am
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  1. News - China

    Canada, China quietly hold top-level meeting on strained ties

    Posted Sep 03rd 2014, 11:21am by Reuters in Ottawa

    ... two high-profile incidents. In late July, Canada accused Chinese hackers of being responsible for an attack on a government computer. In early August, China detained a Canadian couple, Kevin ...

    http://www.scmp.com/news/china/article/1584321/canada-china-quietly-hold-top-level-meeting-strained-ties
  2. Business - Economy - SURVEY

    China services PMI edges up to 54.4

    Posted Sep 03rd 2014, 10:56am by Reuters

    ... and public housing projects, cuts in reserve requirements for some banks and loosening of property controls by some local governments to support the cooling housing market. ... Reuters in Beijing Activity in China’s services sector recovered slightly in August, a government survey showed on Wednesday, suggesting the sector remains relatively resilient compared ...

    http://www.scmp.com/business/economy/article/1584309/china-services-pmi-edges-544
  3. Business - Economy - REPORT

    Japan overtakes Hong Kong in competitiveness rankings

    Posted Sep 03rd 2014, 10:43am by Reuters

    ... of government debt. “All this suggests that the implemented reforms are starting to pay off,” the report said. Bottom-ranked this year was Guinea, lately in the news for being the source of the world’s ... also factors in a survey of business leaders assessing government efficiency and transparency. India has been sliding down the rankings since 2009, let down by basic health care and education, ...

    http://www.scmp.com/business/economy/article/1584291/japan-overtakes-hong-kong-competitiveness-rankings
  4. News - China

    Eleven dead, 27 missing in China rainstorms

    Posted Sep 03rd 2014, 10:35am by Agence France Press in Beijing

    ... the local government as saying. In Fengjie County, on the vast Yangtze river, landslides have formed two barrier lakes, with the water level rising a metre (three feet) an hour, according to local flood control officers. More than one thousand local residents have been evacuated from the surrounding area. The missing include 11 coal miners who were buried by a landslide on Monday, Xinhua ...

    http://www.scmp.com/news/china/article/1584302/eleven-dead-27-missing-china-rainstorms
  5. Business - China Business - REGULATION

    Chinese insurers fined 111m yuan over price fixing in car policies

    Posted Sep 03rd 2014, 10:19am by Kwong Man-ki

    ... commercial vehicle insurance last year. A fine of 20.7 million yuan was handed out to the Zhejiang branch of CPIC Property Insurance, while the local unit of Ping An Property Insurance was fined ...

    http://www.scmp.com/business/china-business/article/1584278/chinese-insurers-fined-111m-yuan-over-price-fixing-car
  6. Business - Companies - DEBTS

    China Taiping perpetual bond to raise US$600m

    Posted Sep 03rd 2014, 09:57am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com China Taiping Insurance plans to offer its first US dollar-denominated perpetual subordinated bond, raising US$600 million to strengthen its capital base and operation. In a filing with the Hong Kong stock exchange on Wednesda ...

    http://www.scmp.com/business/companies/article/1584274/china-taiping-perpetual-bond-raise-us600m
  7. News - Hong Kong - POLITICS

    Britain has ‘moral obligation’ to speak up on Hong Kong, says former governor Chris Patten

    Posted Sep 03rd 2014, 09:45am

    ... after 1997 … As successive British governments have accepted, the UK has a continuing ‘moral and political obligation’ to ensure that China respects its commitments,” Patten said. ... to remind them that we have moral responsibilities for what happens in Hong Kong,” Patten said. Patten concluded that: “The British government will comment on Beijing’s plan. This would ...

    http://www.scmp.com/news/hong-kong/article/1584273/britain-has-moral-obligation-speak-hong-kong-says-former-governor
  8. News - China - MACAU

    90pc don't trust Macau leader, says 'referendum'

    Posted Sep 03rd 2014, 05:54am by JEFFIE LAM

    ... crackdown by the government. Police shut down all five physical polling stations on the first day and detained five organisers on suspicion of breaching data-protection laws. Jason Chao Teng-hei, ... to attack the referendum. They would also continue to urge the government to start a new round of public consultation on political reform. ...

    http://www.scmp.com/news/china/article/1583949/90pc-dont-trust-macau-leader-says-referendum
  9. Comment - Letters

    Letters to the Editor, September 3, 2014

    Posted Sep 03rd 2014, 05:06am by LETTERS

    ... HK needs to choose capable chief executive Short of a major revolution in its thought processes, it is plain that the central government is determined to demonstrate to the world its ... who shall be the recipient of that vote. We will have two, maybe three, hand-picked candidates acceptable to the central government, though it may allow a less extreme pan-democrat to be one ...

    http://www.scmp.com/comment/letters/article/1584013/letters-editor-september-3-2014
  10. Comment - Insight & Opinion - LEADER

    After easy re-election, Macau leader now faces many challenges

    Posted Sep 03rd 2014, 05:06am by SCMP Editorial

    ... first term. Gross domestic product has risen from 170 billion patacas a year to 413 billion patacas. The median wage has risen from 8,500 patacas to 13,000 patacas a month. Government coffers ... needs to be done. Apart from diversifying the economy and making better use of the gaming taxes for infrastructural investment, Chui has to redouble efforts at government restructuring, produce ...

    http://www.scmp.com/comment/insight-opinion/article/1584012/after-easy-re-election-macau-leader-now-faces-many

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