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  • July 31, 2014
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Results 1 - 10 of 38 for middle class

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  1. Business - Economy - ECONOMY

    World Bank chief backs launch of BRICS bank

    Posted Jul 09th 2014, 05:20am by Victoria Ruan

    ... "affordable quality care", especially for its ageing population and a middle class facing chronic diseases. The World Bank has forecast China's economic growth rate will reach about 7.6 per ... and stability in the Middle East. ...

    http://www.scmp.com/business/economy/article/1549975/world-bank-chief-backs-launch-brics-bank
  2. Business - Economy - ECONOMY

    The two Brazils

    Posted Jun 12th 2014, 11:53am by NICHOLAS SPIRO

    ... to low-income families in return for enrolling their children in school. The second Brazil... is one of stagflation... and worryingly low levels of productivity The scheme helped create a lower middle class that is now demanding better-quality public services and an end to corruption. A year ago, more than a million Brazilians took to the streets to call for political accountability ...

    http://www.scmp.com/business/economy/article/1530679/two-brazils
  3. Comment - Insight & Opinion - ECONOMY

    Why economic stimulus no longer works for China

    Posted Jun 23rd 2014, 10:42am by Derek Scissors

    ... is middling, there is a government which has loudly promised change, and yet little action has taken place. What is the justification this time? If the economy needs to be as vigorous as a decade ago ... action, the mainland eases further into the middle-income trap, where once fast-rising economies slowly drift towards stagnation. This gradual failure, not the extent of stimulus, is what matters. ...

    http://www.scmp.com/comment/insight-opinion/article/1538761/why-economic-stimulus-no-longer-works-china
  4. News - China - ECONOMY

    Local government debt show signs of improving

    Posted Jun 24th 2014, 07:48pm by Keith Zhai

    ... Keith Zhai keith.zhai@scmp.com But extravagance and corruption persist at some departments and state firms, audit chief says Local government debt show signs of improving China's growth in local government debt has been slowing since the middle of last year, the National Audit Office said, but cautioned that some provinces were deferring the problem by repaying old debts ...

    http://www.scmp.com/news/china/article/1539727/chinas-audit-central-government-budget-uncovers-array-problems
  5. News - Hong Kong - ECONOMY

    Political tensions could undermine Hong Kong as China's top financial centre: Joseph Yam

    Posted Jun 23rd 2014, 11:36pm by Cannix Yau and Enoch Yiu

    ... as the middle man, from being marginalised". Referring to rising competition from Shanghai as it becomes a free-trade zone and from other regions running offshore yuan centres, he says: "Hong ...

    http://www.scmp.com/news/hong-kong/article/1539240/political-tensions-could-undermine-hong-kong-top-financial-centre
  6. Business - Economy - ECONOMY

    Financial Secretary John Tsang hints one-off budget relief measures may be withdrawn

    Posted Feb 10th 2014, 04:31am by JEFFIE LAM

    ... as the global economy improves. He made the comments as a government source told the Post that the middle class should expect fewer "sweeteners" when Tsang delivers his budget on February 26. ... on low incomes. These could include the two-month exemption on public housing rents that have been a feature of recent budgets. But the middle class, already upset about being ignored ...

    http://www.scmp.com/business/economy/article/1424870/financial-secretary-john-tsang-hints-one-budget-relief-measures-may
  7. News - Hong Kong - ECONOMY

    Deloitte China forecasts HK$50.3 billion fiscal surplus

    Posted Jan 28th 2014, 12:49pm by Tony Cheung

    ... They include sweeteners for the middle class, such as waiving 75 per cent of the salaries tax- subject to a HK$12,000 ceiling- as well as stamp duty deductions for those buying a home for the first ... support for needy and middle-class families and salary taxpayers." Apart from tax waivers, the firm also proposed raising the basic tax allowance from HK$120,000 to HK$126,000, as well ...

    http://www.scmp.com/news/hong-kong/article/1415657/deloitte-china-forecasts-hk503-billion-fiscal-surplus
  8. Business - Money - ECONOMY

    Exchange Fund earnings fall 32pc on bond investment losses

    Posted Jan 24th 2014, 12:47am by Enoch Yiu

    ... income and an ageing population," he said. "It should not raise taxes but should, instead, reduce taxes in the budget to help ease the burden on middle-class families." In his ...

    http://www.scmp.com/business/money/markets-investing/article/1412139/exchange-fund-earnings-fall-32pc-bond-investment
  9. Business - Economy - ECONOMY

    China central bank move on yuan a sign of caution, not reform zeal

    Posted Mar 24th 2014, 04:45am by Reuters

    ... before the middle of the year, economists say, but the follow-up will be slow. ...

    http://www.scmp.com/business/economy/article/1455673/china-central-bank-move-yuan-sign-caution-not-reform-zeal
  10. News - Hong Kong - ECONOMY

    Change accounting rules to keep land revenue windfalls separate, urges government adviser

    Posted Jan 17th 2014, 04:14am by Olga Wong

    ... equivalent to 7 per cent of total recurrent expenditure for this year. With Leung focusing his spending on poverty alleviation, Tsang is facing pressure to help the middle class when he reveals his ...

    http://www.scmp.com/news/hong-kong/article/1407216/government-adviser-suggests-land-revenue-windfalls-be-kept-separate

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