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  • August 28, 2014
  • Last updated: 3:46am
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  1. Business - Comment - MONITOR

    Who's more damaging, Hong Kong officials or Occupy Central?

    Posted Feb 25th 2014, 12:32am by Tom Holland

    ... not the Occupy organisers. Next, if the Occupy movement really were to deter tourists, it is likely many Hongkongers would be grateful. In reality, however, the economic impact will be minimal. The vast ...

  2. Business - Comment - MONITOR

    China may have problems, but this scare story isn't one of them

    Posted Feb 04th 2014, 05:57am by Tom Holland

    ... Tom Holland While alarmist talk of global meltdown sparked by a currency crisis at Chinese banks fires up doom merchants, the reality is more reassuring China may have problems, but this scare story isn't one of them As a headline, it was certainly eye-catching. "Currency crisis at Chinese banks could trigger global meltdown," declared a story in the Sunday ...

  3. Business - Economy - MONITOR

    Beijing's statistical sleight of hand

    Posted Dec 06th 2013, 05:09am by Tom Holland

    ... has played down price increases, while in reality consumer inflation has repeatedly hit double-digit rates (see the chart). This tendency to tamper with price data shouldn't be too ... in 2007 and 2008. "Our estimates suggest that official statistics present a smoothed version of reality," they note, implying that China's actual economic performance has been far ...

  4. Business - Comment - MONITOR

    A healthy China would set interest rates at 10 per cent

    Posted Jan 05th 2014, 11:49pm by Tom Holland

    ... intervened reluctantly. Policymakers are well aware that despite official insistence that China is pursuing a "prudent" monetary policy, in reality monetary conditions have been far too ...

  5. Business - Comment - MONITOR

    It pays China to block global deals on climate and trade

    Posted Dec 17th 2013, 03:19am by Tom Holland

    ... talks is stunning. But in reality, trade and climate cannot be treated separately. Unless countries see eye to eye on trade, a climate deal won't work. And without a global agreement ...

  6. Business - Economy - MONITOR

    Beijing's targets likely to play down growth for reform focus

    Posted Dec 09th 2013, 04:50am by Tom Holland

    ... in reality the authorities have been tightening China's monetary conditions for the past six months in an attempt to slow the country's rapid credit growth. In the past five years, ...

  7. Business - Commodities - MONITOR

    Oil price heading for US$200 as China's imports set to surge

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

    ... But in reality, with supplies tight and politics unpredictable, "prices will continue to spike over the next five years, occasionally reaching US$200 per barrel", he predicts. That's going ...

  8. Business - Comment - MONITOR

    Official manipulation adds 10 per cent to China's GDP

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

    ... high. Suspicion- even strong suspicion- comes easily. But working out exactly how officials tweak the data, and estimating the size of the resulting discrepancy between appearance and reality ... in China's cities, where they say property prices have risen more slowly than in rural areas. In reality, some 48 per cent of people still live in the countryside. And then to cap everything, housing ...

  9. Business - Comment - MONITOR

    Scrapping the one-child policy won't solve China's problems

    Posted Aug 08th 2013, 12:00am by Tom Holland

    ... nappy-maker Prince Frog has risen 6 per cent, baby food company Biostime is up 15 per cent, and pram manufacturer Goodbaby has jumped 20 per cent. In reality, the one-child policy has already been ... population. In reality, the one-child policy has already been relaxed. Today it is more of a 1.5-child policy. Although the exact rules differ from province to province, for years now, rural families ...

  10. 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 ... for prescribing their drugs. This is a time-honoured tactic in the West. Ostensibly, the doctor is attending a medical conference, which just happens to be in an exotic location. In reality he is enjoying ...




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