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  • August 29, 2014
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  1. Business - Economy - ECONOMY

    Beijing's economic growth targets are too high, IMF says

    Posted Jul 31st 2014, 11:26am by Victoria Ruan

    ... But the rate could drop to as low as 5.9 per cent if "little to no reforms" were launched and accommodative policies continued, it warned. Last month, the IMF predicted that the Chinese ...

    http://www.scmp.com/business/economy/article/1563293/imf-recommends-lower-2015-gdp-growth-target-china
  2. Business - Economy - ECONOMY

    Changing tides could shift focus from China to Africa

    Posted Aug 25th 2014, 03:33am by JUNE SUN

    ... demographic tides could stymie the dawning of the much-heralded Chinese century and see development surge in Sub-Saharan Africa, two recent studies show. China was facing the challenges of an ageing ... and Africa reached a record US$210 billion last year, up from US$18 billion in 2003, a nearly twelvefold increase. Of this, Chinese exports to Africa accounted for about 44 per cent. "The ...

    http://www.scmp.com/business/economy/article/1580413/changing-tides-could-shift-focus-china-africa
  3. 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

    ... But Kerry Brown, professor of Chinese politics and director of the University of Sydney's China Studies Centre, said that Liu, once considered a rank outsider to get into the inner circle ...

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

    Hong Kong Monetary Authority chief Norman Chan adds to gloom on economy

    Posted Aug 11th 2014, 11:28pm by Patsy Moy

    ... for 2014. The government is due to reveal second-quarter economic data, including GDP, on Friday. Terence Chong Tai-leung, an associate professor of economics at Chinese University, said he ...

    http://www.scmp.com/news/hong-kong/article/1571643/hong-kong-monetary-authority-chief-norman-chan-adds-gloom-economy
  5. Business - Economy - ECONOMY

    Yuan convertibility on back burner as Beijing focuses on other reforms

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

    ... Yongding, an influential economist at the Chinese Academy of Social Sciences, who thinks the timetable for convertibility has been quietly pushed back. "Once China abolishes capital controls, ...

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

    Would you like a rise with that? How Hong Kong fares on the Big Mac Index

    Posted Aug 05th 2014, 10:50pm by PHILA

    ... Hung, an assistant professor of social work at Chinese University, supports raising the minimum wage level to HK$35. In 2005, he released a report on the basic cost of living in the city, ...

    http://www.scmp.com/news/hong-kong/article/1567209/would-you-rise-how-hong-kong-fares-big-mac-index
  7. News - Hong Kong - ECONOMY

    Restaurants serving locals keep up sales amid drop in tourist spending

    Posted Aug 01st 2014, 04:03am by Amy Nip

    ... reflecting reduced customer flow. Restaurants serving Chinese food did less well than those serving non-Chinese food, with their respective receipt billings rising 0.8 per cent and 5.6 per cent. Fast ...

    http://www.scmp.com/news/hong-kong/article/1563780/restaurants-serving-locals-keep-sales-amid-drop-tourist-spending
  8. 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
  9. 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
  10. Business - Economy - ECONOMY

    Deutsche co-chief for Asia an unabashed bull

    Posted Jul 21st 2014, 03:18am by Jasper Moiseiwitsch and Ray Chan

    ... in the bank's pipeline of Chinese equity deals coming due, not the least of which is the imminent listing of Alibaba. Deutsche will be a bookrunner on the offer which, at about US$20 billion, ... will finish the year at a record volume. China generated a lot of this issuance and this would continue, said Singh, if only because issuance was still far below potential. He noted that Chinese ...

    http://www.scmp.com/business/economy/article/1556885/deutsche-bank-investment-director-unabashed-bull-asia-pacific

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