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  • September 20, 2014
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  1. News - Hong Kong - ECONOMY

    We're not cutting expenses, says finance chief John Tsang

    Posted Aug 04th 2014, 04:54am by Tony Cheung

    ... Tony Cheung tony.cheung@scmp.com Departments were asked to reduce spending growth by 1pc because of a slow economy and the cost of new services, John Tsang explains We're not cutting expenses, says finance chief The government asked bureaus to cut spending growth by 1 per cent a year because of a sluggish economy and the cost of new programmes in the past two years, the finance ...

    http://www.scmp.com/news/hong-kong/article/1565684/were-not-cutting-expenses-says-finance-chief-john-tsang
  2. Business - Economy - ECONOMY

    China credit fluctuation stirs policy uncertainty

    Posted Sep 12th 2014, 12:15pm by Victoria Ruan

    ... financing, the broadest gauge of credit supply that includes loans extended through wealth management products and shadow banking system, rebounded to 957.4 billion yuan (HK$1.21 trillion) last month ... for the economy. It has also revised the budget law to allow local authorities to issue debt directly to expand financing channels. ...

    http://www.scmp.com/business/banking-finance/article/1590778/chinas-money-supply-rebounds-still-short-expectations
  3. Business - Economy - ECONOMY

    Weaker mainland China industrial output fuels regional pessimism

    Posted Sep 16th 2014, 03:23am by Victoria Ruan

    ... quarters." Ministry of Finance data showed the government's ability to increase spending may be limited as fiscal revenue growth eased to 6.1 per cent in August from a year earlier, down from ...

    http://www.scmp.com/business/economy/article/1593498/weaker-mainland-china-industrial-output-fuels-regional-pessimism
  4. News - China - ECONOMY

    Li Keqiang leaves world business leaders disappointed at Tianjin economic forum

    Posted Sep 10th 2014, 11:40pm by Victoria Ruan

    ... Business School at the Lujiazui Institute of International Finance. Hong Kong's Hang Seng Index fell 1.93 per cent yesterday, its biggest single-day drop since February, mainly on concerns ...

    http://www.scmp.com/news/china/article/1589707/li-keqiang-fails-outline-new-steps-boost-economy-summer-davos-forum
  5. News - China - ECONOMY

    Guangdong farmers wait for the bulldozers amid ambitious new-town plans

    Posted Sep 12th 2014, 05:52am by He Huifeng

    ... finance and taxation department at Guangzhou's Sun Yat-sen University. "Yet the GDP figures suggest officials need to realise that the project may not be as effective as they had hoped ...

    http://www.scmp.com/news/china/article/1590430/guangdong-farmers-wait-bulldozers-amid-ambitious-new-town-plans
  6. News - World - ECONOMY

    World Bank warns of global jobs crisis

    Posted Sep 09th 2014, 10:52pm by AFP

    ... public policies, along with resilient social protection systems, sustainable public finance and well-regulated financial systems. "Coordinated policies in these areas are seen ...

    http://www.scmp.com/news/world/article/1588934/world-bank-warns-global-jobs-crisis
  7. News - China - ECONOMY

    Top Communist Party official's inclusion on task force reflects China's economic concerns

    Posted Aug 21st 2014, 05:02am by Cary Huang

    ... signal that economic development and reform will be the priority in the coming future." Zhao Xijun, a professor of economics and deputy director of Renmin University's Finance ... University of Finance and Economics, said Liu's inclusion reflected the leadership's judgment over the challenge facing the economy amid the slowdown in growth. "The inclusion ...

    http://www.scmp.com/news/china/article/1577934/top-communist-party-officials-inclusion-task-force-reflects-chinas
  8. News - Hong Kong - ECONOMY

    Don't get burnt on hot money flowing into Hong Kong, investors warned

    Posted Aug 12th 2014, 11:51pm by Enoch Yiu

    ... warning to Hong Kong investors The government has increased its monitoring of capital flows as finance officials and brokers warn that billions in "hot money" flowing into the city ... This is because the US and many other overseas markets have recorded lower than expected economic growth." Yesterday was the third consecutive day that senior finance officials warned about possible ...

    http://www.scmp.com/news/hong-kong/article/1572450/dont-get-burned-hot-money-flowing-hong-kong-investors-warned
  9. News - Hong Kong - ECONOMY

    John Tsang Chun-wah warns of 'perfect storm' from protests

    Posted Aug 11th 2014, 06:10am by NG KANG-CHUNG

    ... Ng Kang-chung kc.ng@scmp.com Finance chief warns of a protest 'perfect storm' Financial Secretary John Tsang Chun-wah has urged the pan-democrats to think twice before resorting to extreme acts in their fight for universal suffrage, warning that political uncertainty could increase the risk of an economic crisis. Tsang also said Hong Kong's economic outlook ...

    http://www.scmp.com/news/hong-kong/article/1570817/john-tsang-chun-wah-warns-perfect-storm-protests
  10. Business - Economy - ECONOMY

    Yuan convertibility on back burner as Beijing focuses on other reforms

    Posted Aug 07th 2014, 11:58am by Reuters

    ... of International Finance. ...

    http://www.scmp.com/business/banking-finance/article/1568188/yuan-convertibility-back-burner-beijing-focuses-other

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