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  • November 28, 2014
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Results 1 - 9 of 9 for middle class

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  1. Business - Comment - MONITOR

    New 'two-child' rules won't trigger China baby boom

    Posted Dec 11th 2013, 04:55am by Tom Holland

    ... Tom Holland With disposable incomes just above the running costs of a middle-class urban infant, eligible couples will be deterred from enlarging families New 'two-child' rules ... deterrent. Having children is an expensive business, with Credit Suisse estimating the running costs of a middle-class urban infant at more than 20,000 yuan (HK$25,500) a year. In a country where ...

  2. Mall mania in mainland generating reit sort of interest

    Posted Jul 28th 2005, 12:00am by Tom Holland

    ... is simple enough. Consumerism is catching on fast in China. Retail sales were up 13 per cent in the first half of the year, as the mainland's burgeoning middle class flocked to vast new ... Kong will get the opportunity to join them in what could well be an attractive new investment class. Recent weeks have seen a frenzy of deal-making in China's retail property sector. ...

  3. Business - Comment - MONITOR

    British model of governance is nothing for Hong Kong to boast about

    Posted Dec 05th 2013, 06:00am by Tom Holland

    ... well-educated politicians and civil servants from prosperous middle class backgrounds have little or no understanding of the lives of ordinary people for whom they are drafting and implementing new ...

  4. Business - Property - MONITOR

    Contradictory figures fuelling China property bubble debate

    Posted Sep 25th 2013, 12:00am by Tom Holland

    ... As always, making out the true picture is tricky. The classic bubble argument goes something like this: China's new middle classes are keen savers. But deposit rates are barely positive in real, ...

  5. Without solid underpinning gold's rise must peter out

    Posted Jan 04th 2006, 12:00am by Tom Holland

    ... demand from rapidly emerging middle classes in India and China. Others will have heard rumours that China's central bank wants to increase its holdings of gold by 2,000 tonnes or more. Some ... Between January and September last year it was up 12 per cent, largely on the back of rising demand for gold jewellery from prosperous areas of the Middle East, India and China. But commercial ...

  6. Mainland insurance companies due for a health check

    Posted Jan 13th 2006, 12:00am by Tom Holland

    ... by 43 per cent over the same period. Selling insurance in China should be a lucrative business in the long run. With its low penetration rate, fast expanding middle class- who typically save ...

  7. Business - Comment - MONITOR

    Ask yourself this morning: Is my job a load of billshut?

    Posted Sep 17th 2013, 12:00am by Tom Holland

    ... Tom Holland The conspiracy view that the ruling class devised pointless work for the masses may be off the mark, but so is Keynes' forecast of 15-hour week Ask yourself this morning: ... and sedition". Yet although Graeber's article was peppered with language that could have come from a 1970s revolutionary socialist tract, with references to "the ruling classes ...

  8. Record Cathay profit clouded by worries over jet fuel prices

    Posted Mar 10th 2011, 12:00am by Tom Holland

    ... a barrel, jet fuel costs made up a hefty 36 per cent of Cathay's entire operating expenses last year. Since then the turmoil in the Middle East has pushed prices up sharply, and yesterday jet ... as black as they have been painted. If fears about a squeeze on Middle East oil supplies abate soon, then the current spike in jet fuel prices could prove short-lived. But even if fuel prices ...

  9. Big banks a lousy bet despite bailout

    Posted Apr 23rd 2005, 12:00am by Tom Holland

    ... or 1.14 trillion yuan, are officially classed as non-performing. In other words, the bank has lent more than a trillion yuan to borrowers who are not likely to pay it back. According to Fitch ... of the problem. To flatter their figures, bank branch managers commonly avoid classing loans as non-performing by rewriting payment schedules, or by simply lending new money to borrowers so they can ...



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