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  • October 3, 2014
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Results 1 - 10 of 243 for public health-care in china

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  1. Business - Comment - MONITOR

    With fewer grand projects, Hong Kong can afford its health care bills

    Posted Sep 02nd 2013, 12:00am by Tom Holland

    ... all thought dead and buried back in 2006. Yet whether Hong Kong's public finances are really facing the sort of old-age health care spending armageddon that the government keeps warning ... of the city's overall health care bill. Private insurance and out-of-pocket spending cover the rest. That means Hong Kong's public spending on health care is low by developed-economy standards. ...

  2. Business - Comment - MONITOR

    Even IMF staffers are warning of an economic crisis in China

    Posted Oct 10th 2013, 12:00am by Tom Holland

    ... including telecommunications, utilities and health care, and should embark on household registration and land reform to eliminate economic distortions and ensure the more efficient allocation ... Tom Holland Malhar Nabar and Papa N'Diaye warn that without significant policy changes, China's economy may fall off the rails and take years to recover Even IMF staffers ...

  3. Business - Comment - MONITOR

    Two steps that would prove Beijing is serious about reform

    Posted Dec 17th 2012, 12:00am by Tom Holland

    ... little job security. They are refused access to public housing. And they are denied pension and health-care benefits. Their children are often turned down by local schools, which means they score ... is serious about reform At their first Politburo meeting earlier this month, China's incoming leaders pledged to boost domestic consumer demand, promote urbanisation and enhance social welfare ...

  4. Business - Comment - MONITOR

    Tsang's vision of Hong Kong's future is severely out of focus

    Posted Feb 27th 2014, 01:23am by Tom Holland

    ... physical infrastructure. We will, however, have to spend a lot more on health care and welfare for the elderly. Yet the government continues to segregate its land revenues and to insist they can ... spending needs on health care and welfare for the elderly. tom.holland@scmp.com ...

  5. Business - Comment - MONITOR

    Spending on old folks isn't the problem- it's the solution

    Posted Jan 14th 2014, 01:37am by Tom Holland

    ... years. Of course, there are still health care costs to consider. Old folk tend to need more medical attention. As a result, the combination of an ageing population with the rapid rate of inflation for health care services has led to horror stories about Hong Kong's unsustainable future health bills. For example, one insurance company estimate sees the city's total spending ...

  6. Business - Companies - MONITOR

    Nothing uniquely Chinese about Glaxo bribery case

    Posted Aug 01st 2013, 12:00am by Tom Holland

    ... for prescribing drugs. The second is the patient. And footing the bill, the third is either the patient's insurance company or the state health-care system, depending on the country. In reality, drug ... bribery case The media have been in a frenzy for the last few weeks over the detention of four GlaxoSmithKline employees in China. Allegedly the four had channelled billions of yuan through ...

  7. Business - Comment - MONITOR

    It's not heresy to expect grand projects to pay for themselves

    Posted Feb 28th 2014, 01:01am by Tom Holland

    ... lump sums, and the government will be free to spend the money where it is most needed: on health care and welfare for old folk. To many inside government and out this is heresy. To others, ... sits atop an enormous pile of surplus reserves roughly HK$1.6 trillion high. Let's assume public spending on health and welfare doubles in real terms over the next 30 years along with Hong ...

  8. Business - Comment - MONITOR

    Danger budget working group is attempt to impose new taxes

    Posted Mar 01st 2013, 12:00am by Tom Holland

    ... will put pressure on government revenues. At the same time, more elderly will mean greater demand for health care. With the public purse currently paying half Hong Kong's HK$100 billion a year health care costs, officials are afraid that the government's health spending will soar even as its revenues decline. So far, so uncontroversial. Where things get worrying is that Tsang ...

  9. Business - Comment - MONITOR

    China's urbanisation push runs into trouble before its start

    Posted Aug 14th 2013, 12:00am by Tom Holland

    ... of urban residence permits, or hukou, enjoy better access to housing, health care, unemployment insurance and pensions, while their children get a better education. As a result, they save less ... for Li, who on his appointment in March made shifting more of China's rural population into cities the centrepiece of his economic rebalancing programme, declaring "urbanisation ...

  10. Business - Comment - MONITOR

    Let's stamp out this talk about Hong Kong's narrow tax base

    Posted Mar 14th 2013, 12:00am by Tom Holland

    ... revenue will drop substantially if our tax regime remains unchanged," he said. "Meanwhile, expenditure on welfare and health care will soar. We may not be able to make ends meet." ... the majority of the population only take from the government- especially those who live in publicly subsidised housing- and give nothing back. Unless they can be made to contribute too, by paying tax, ...




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