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  • September 2, 2014
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  1. News - China - ECONOMY

    Cut taxes to boost the economy, urges China's second richest man Zong Qinghou

    Posted Aug 25th 2014, 03:35pm by Kathy Gao

    ... Kathy Gao kathy.gao@scmp.com Wahaha chairman suggests country's 'huge contingent of public servants' needs to be thriftier to ease the burden on taxpayers Drinks tycoon ... the government, according to the report. Zong thought that the country had "a huge contingent of public servants" and the government "should be thriftier to lighten the burden ...

    http://www.scmp.com/news/china/article/1580537/chinas-second-richest-man-zong-qinghou-tells-government-tax-cuts-will
  2. Business - Economy - ECONOMY

    Changing tides could shift focus from China to Africa

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

    ... that it would become "old before it's rich". "There already is an impact," Neumann said. "But by 2020, the effects will become much more apparent, particularly in health ...

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

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

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

    ... from 2016 to make savings of up to HK$6 billion. But Tsang emphasised that the move would not result in an overall drop in public spending. "The government is not cutting expenses; our ... achieve the financial target without it affecting subsidies. Health minister Dr Ko Wing-man reiterated yesterday that he believed the measure would not hinder health services in the city. ...

    http://www.scmp.com/news/hong-kong/article/1565684/were-not-cutting-expenses-says-finance-chief-john-tsang
  4. 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

    ... of the head of the secretariat suggests the need for more efforts to tackle the challenge ahead amid the slowest growth in years," Ma said. Ma, also the director of the university's Public ...

    http://www.scmp.com/news/china/article/1577934/top-communist-party-officials-inclusion-task-force-reflects-chinas
  5. Business - Economy - ECONOMY

    China’s July official services PMI dips to six-month low

    Posted Aug 03rd 2014, 02:23pm by Reuters

    ... the government tried for almost five years to calm the market. But the extent and breadth of the downturn have surprised analysts, with many worrying that it is the biggest threat to the health ...

    http://www.scmp.com/business/economy/article/1565516/chinas-july-official-services-pmi-dips-six-month-low
  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

    ... take it or quit," she said. Yu makes about HK$8,000 including overtime a month. After paying rent at a public flat in Tai Po- more than HK$1,000- water and electricity bills of HK$3,000, ...

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

    IMF forecasts strengthening economic growth in second half

    Posted Jul 07th 2014, 05:26am by Reuters

    ... central banks' accommodative policies could have only limited impact on demand and that countries should also act to boost growth by investing in infrastructure, education and health ... had expected because potential growth is weaker and investment … remains subdued," she said. Lagarde said the "investment deficit" in both the public and private sectors ...

    http://www.scmp.com/business/economy/article/1548294/imf-forecasts-strengthening-economic-growth-second-half
  8. Business - Economy - ECONOMY

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

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

    ... creating a level playing field for the private and public sectors and revamping the fiscal and social security systems. Growth is forecast to gradually ease to 6.3 per cent by 2019, the bank said. ...

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

    Deutsche co-chief for Asia an unabashed bull

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

    ... high-yield volumes. However, persistent news reports about an oversupplied real estate market, amplified by wider concerns about the health of the economy and its banking system, has hurt issuance. ...

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

    Year-on-year inflation in Hong Kong slowed slightly in June, government reports

    Posted Jul 21st 2014, 06:10pm by Phila Siu

    ... increase was in private housing rent, rising 5.5 per cent. In contrast, public housing rent went down 0.9 per cent. Eating out cost Hongkongers 4.7 per cent more in June than it did in the same ...

    http://www.scmp.com/news/hong-kong/article/1557006/year-year-inflation-hong-kong-slowed-slightly-june-government-reports

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