• Thursday
  • September 18, 2014
  • Last updated: 6:05pm
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 12 for offshore leaks

Search results

  1. Comment - Insight & Opinion - JAKE'S VIEW

    China's currency swap deal with Switzerland is just plain dumb

    Posted Jul 27th 2014, 04:01am by Jake Van Der Kamp

    ... Jake van der Kamp China's currency swap deal with Swiss is just plain dumb Switzerland stepped closer to becoming an offshore yuan hub yesterday after it signed a bilateral currency swap agreement with the People's Bank of China... The SNB [Swiss National Bank] also obtained a yuan investment quota, with which it could invest part of its foreign exchange reserves ...

  2. Business - Comment - JAKE'S VIEW

    No pills to treat Beijing's headache over required reserves

    Posted Apr 29th 2014, 12:49am by Jake Van Der Kamp

    ... crises. SCMP, April 26 Once again we have the bureaucrats in Beijing pretending to be in calm, masterful control of the economy while in practice they are frantically rushing from leak to leak ...

  3. Business - Banking & Finance - JAKE'S VIEW

    Beijing's foreign exchange policy nothing but a silly game

    Posted Mar 02nd 2014, 03:42am by Jake Van Der Kamp

    ... never seen one swung to quite such extremes as this. The simple fact is that the talk of an offshore yuan market hangs on little more than speculative purchases of yuan. People outside China are happy to take yuan in payment for trade goods only because they hope to turn a profit on the exchange rate. There is otherwise no natural offshore market for yuan. This in turn says that Beijing ...

  4. Business - Comment - JAKE'S VIEW

    Case for downsizing at ICAC as job gets smaller

    Posted Feb 18th 2014, 04:34am by Jake Van Der Kamp

    ... thoroughly vanquished. The greater prevalence of mainland-related business in Hong Kong these days and the ease with which payments can now be made and enjoyed offshore well away from official eyes ...

  5. Business - Comment - JAKE'S VIEW

    Subsidies for industrial jobs a waste of money

    Posted Jan 07th 2014, 01:05am by Jake Van Der Kamp

    ... to leak it first so that he can drop it if criticism is too fierce. Industrialists predictably like the idea. Government to pay our workers for us? Yes, bring it on, they say. But it is a bad idea ...

  6. Comment - Insight & Opinion - JAKE'S VIEW

    HKMA just doing its bit to bolster a tiring currency

    Posted Jul 28th 2013, 12:00am by Jake Van Der Kamp

    ... yuan liquidity in its latest effort to fend off increased international competition for a slice of the offshore yuan business pie. SCMP, July 26   Somehow I get the feeling that we are not told ... For instance, there has recently been a notable sell-off in the offshore yuan debt instruments known as dim sum bonds, with yields rising to almost 6 per cent and no new issuance for six weeks. ...

  7. News - Hong Kong - JAKE'S VIEW

    Is the latest health-cost scare a trial balloon for GST?

    Posted Sep 01st 2013, 12:00am by Jake Van Der Kamp

    ... China Morning Post, August 29 Let's deal first with questions of exactitude in the numbers. I cannot make out whether this (it-just-happened-to-happen) leak by officialdom was expressed ... certainly be introduced by unattributed leaks to provide room for denials. And guess what we have here. I mention it in particular because I cannot see why this latest health-cost scare is really ...

  8. Business - Comment - JAKE'S VIEW

    Hong Kong does best what China can't

    Posted Jul 11th 2013, 12:00am by Jake Van Der Kamp

    ... The big yuan internationalisation drive would be bad news for this city if it came off - but don't worry, it won't be happening soon anyway As the leading offshore centre, we should take the initiative and work … to make the pie that is the offshore renminbi business bigger. What is good for the renminbi is good for Hong Kong. Anita Fung, HSBC HK Insight page, July 10 ...

  9. Business - Comment - JAKE'S VIEW

    Crux of Hong Kong's pricey homes lies with Fed policies

    Posted Sep 05th 2013, 12:00am by Jake Van Der Kamp

    ... 4 You have to laugh. The long-term housing strategy steering committee had already so thoroughly leaked and trial-ballooned its proposals that by the time it actually published them, ...

  10. Comment - Insight & Opinion - JAKE'S VIEW

    EU fails to adapt to borderless world

    Posted May 26th 2013, 12:00am by Jake Van Der Kamp

    ... stopper in a round drain and, not surprisingly, the sink always leaks. These leaks, however, constitute tax avoidance, not tax evasion, and it is entirely legal for people to take advantage ...




SCMP.com Account