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  • July 13, 2014
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  1. News - Hong Kong - ECONOMY

    Hong Kong's economy does not rely on mainland tourists, says financial secretary

    Posted Jun 16th 2014, 04:53am by Ernest Kao

    ... Ernest Kao ernest.kao@scmp.com Finance chief rejects as 'inconsistent with the facts' suggestion HK is too reliant on tourists Mainland visitor claim exaggerated, says Tsang The financial secretary brushed off as "exaggerated" and &quo ...

    http://www.scmp.com/news/hong-kong/article/1533469/mainland-chinese-visitor-claim-exaggerated-says-john-tsang
  2. News - China - ECONOMY

    US Treasury secretary leaves talks with China pledge to reduce currency intervention

    Posted Jul 11th 2014, 04:36am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com Commitment to limit control is significant, but challenges remain in carrying it out, US says Beijing pledges to reduce currency intervention US Treasury Secretary Jack Lew praised the annual dialogue with his Chinese counterparts as "good and productive", after Beijing agreed to reduce intervention in the currency market ...

    http://www.scmp.com/news/china/article/1551487/us-treasury-secretary-leaves-talks-china-pledge-reduce-currency
  3. News - Hong Kong - ECONOMY

    Impact from cutting number of mainland tourists ‘only short term’, says think tank

    Posted Jun 12th 2014, 07:18pm by Johnny Tam

    ... employment opportunities for low-skilled workers. Professor Terence Chong Tai-leung of the department of economics at Chinese University did not believe the drop in real GDP would be that drastic, ...

    http://www.scmp.com/news/hong-kong/article/1530931/economic-impact-reducing-mainland-tourist-numbers-hong-kong-only
  4. Business - Economy - ECONOMY

    World Bank chief backs launch of BRICS bank

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

    ... on trade and investment to favour domestic consumption. "When you are making the kind of changes that the Chinese government is going through, it should not surprise anybody the growth has ...

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

    China’s services sector grows apace, mirroring rebound in manufacturing

    Posted Jun 03rd 2014, 10:16am by Reuters

    ... Reuters in Beijing Official non-manufacturing PMI at six-month high of 55.5, raising hopes economy is steadying Mainland services sector on rebound China's services sector grew at its fastest pace in six months last month as new orders rebounded, an ...

    http://www.scmp.com/business/economy/article/1524331/chinas-services-sector-grows-apace-mirroring-rebound-manufacturing
  6. Comment - Insight & Opinion - ECONOMY

    Why economic stimulus no longer works for China

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

    ... to overflow. This is the situation in many countries where stimulus has been applied for most of the past decade. Chinese conditions, unfortunately, resemble less a pool and more a small lake. ...

    http://www.scmp.com/comment/insight-opinion/article/1538761/why-economic-stimulus-no-longer-works-china
  7. Business - Economy - ECONOMY

    Fall in imports raises fresh fears about economic growth in China

    Posted Jun 08th 2014, 04:00pm by SANDY LI AND AGENCIES

    ... chief economist for Greater China at ANZ Bank, attributed the weak import numbers to a recent crackdown on using commodities as collateral to finance business deals. Chinese regulators have been ...

    http://www.scmp.com/business/economy/article/1527968/chinese-exports-rise-7-cent-imports-slip
  8. Business - Economy - ECONOMY

    Time for Asia to tighten monetary policy

    Posted Jun 04th 2014, 05:08am by ROB SUBBARAMAN

    ... to be weighed against risks which would hurt Asia disproportionately more than other regions. The dilemma is that these shocks may never materialise. A Chinese hard landing is the region's biggest ...

    http://www.scmp.com/business/economy/article/1524838/time-asia-tighten-monetary-policy
  9. News - Hong Kong - ECONOMY

    Li Ka-shing’s rumoured plan to reduce investments ‘could damage Hong Kong’

    Posted May 09th 2014, 11:41pm by Sandy Li and Peggy Sito

    ... government think tank. Hong Kong still ranked as the most competitive Chinese city last year, according to the annual "blue paper" by the Chinese Academy of Social Sciences (CASS). But it said soaring property prices and the lack of innovation could hamper the city's growth and it could be overtaken by other Chinese cities. "[There are also] rumours about Li Ka-shing ...

    http://www.scmp.com/news/hong-kong/article/1508724/li-ka-shings-rumoured-plan-reduce-investments-hong-kong-could-hurt
  10. News - China - ECONOMY

    Commerce Minister Gao Hucheng says China must improve trade quality

    Posted Mar 08th 2014, 03:59am by Victoria Ruan

    ... providing something of a "rebirth" to the mainland solar industry. Manufacturers in the United States and Germany have battled to maintain sales as cheaper Chinese panels flood ...

    http://www.scmp.com/news/china/article/1443173/commerce-minister-gao-hucheng-says-china-must-improve-trade-quality

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