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  1. News - China - ECONOMY

    Asia forum to focus on reform and growth

    Posted Apr 08th 2014, 02:40am by Adrian Wan, Li Jing

    ... in the internationalisation of the renminbi Zhou Wenzhong, a former envoy to the United States, said business and political leaders would take part in more than 60 panel discussions during the forum, which runs until ... reform, and the internationalisation of the renminbi. The forum has placed more weight on private companies in recent years and the trend would prevail at this year's event as more and more ...

    http://www.scmp.com/news/china/article/1467844/asia-forum-focus-reform-and-growth
  2. News - China Digest

    The Post's daily China news-round-up- April 11, 2014

    Posted Apr 11th 2014, 07:57am

    ... military is accused of continuing to hack western companies despite denying the accusations last year. Beijing's high hopes for renminbi to rival U.S. dollar |Source: Asahi Shimbun The drive ...

    http://www.scmp.com/news/china-digest/digest/1475387/posts-daily-china-news-round-april-11-2014
  3. News - China Insider - TRADE

    Russian roubles flow freely in Heilongjiang border city

    Posted Dec 09th 2013, 08:34pm by Chris Luo

    ... roubles to be freely circulated alongside renminbi. Suifenhe, a booming trade hub on the border with Siberia, is China’s first territory to accord a foreign currency the same legal status as renminbi in a pilot scheme, according to the official Xinhua news agency. The new measure allows Russian businessmen and tourists to use roubles to pay for shopping, meals and taxis.  Shops, ...

    http://www.scmp.com/news/china-insider/article/1376913/russian-roubles-flow-freely-heilongjiang-border-city
  4. News - Hong Kong - TOURISM

    'Patriotic' protest leaves mainland Chinese visitors bemused

    Posted Mar 17th 2014, 05:05am by Ernest Kao, LO WEI

    ... of mainlanders allowed to visit, he dismissed the suggestions as "absurd". "Perhaps Hong Kong is so rich now that it doesn't care about earning any more renminbi," he said. ...

    http://www.scmp.com/news/hong-kong/article/1450190/patriotic-protest-leaves-mainland-chinese-visitors-bemused
  5. News - Hong Kong - COST OF LIVING

    Hong Kong ranked 13th most expensive city in global cost-of-living survey

    Posted Mar 04th 2014, 07:59pm by Ernest Kao, Phila Siu

    ... climbed nine spots to 101 on the worldwide index, surpassing New York City. "Wage inflation has driven up local prices, but internationally, the impact of a stronger renminbi has also been ...

    http://www.scmp.com/news/hong-kong/article/1440281/hong-kong-ranked-13rd-most-expensive-city-global-cost-living-survey
  6. Business - Economy - INVESTMENT

    Hong Kong RMB deposits seen surging on Qianhai reforms

    Posted Jul 20th 2013, 12:00am by Jeanny Yu

    ... HSBC expects renminbi deposits to triple as test bed for currency liberalisation gathers steam Financial reforms in Shenzhen's Qianhai special economic zone could spur a surge in yuan ... will not be surprised that when the renminbi becomes more internationalised, maybe 30 per cent of the deposit base in Hong Kong will be denominated in renminbi," Fung said at the Redefining Hong Kong ...

    http://www.scmp.com/business/economy/article/1286609/hong-kong-rmb-deposits-seen-surging-qianhai-reforms
  7. News - China

    Full transcript of SCMP’s interview with Michael Clauss, German ambassador to China

    Posted Mar 28th 2014, 04:59pm by Teddy Ng

    ... will be another prominent issue. We also expect several agreements to be signed. Just to give you one example: We are confident that there will be an agreement on establishing a Renminbi offshore centre ...

    http://www.scmp.com/news/china/article/1459292/full-transcript-scmps-interview-michael-clauss-german-ambassador-china
  8. News - Hong Kong - Budget 2014-15

    Praise from asset management industry for John Tsang's budget help

    Posted Feb 27th 2014, 04:51am by Jasper Moiseiwitsch, Benjamin Robertson

    ... ETF markets in Asia-Pacific. A lot of the recent increase in trading is attributable to the launch of the renminbi qualified institutional investor (RQFII) scheme, which has led to the launch ...

    http://www.scmp.com/news/hong-kong/article/1435910/praise-asset-management-industry-john-tsangs-budget-help
  9. News - China - CHANGING FACES

    Chinese entrepreneur cashes in on nouveau riche's wanderlust with one-off itineries

    Posted Feb 02nd 2014, 04:27am by He Huifeng

    ... and happiness, but they are usually limited to a few boring tour routes. Also, the value of the renminbi was continuously rising and inflation was soaring. Increasingly, Chinese people in the cities ... America, North America and Australasia. I think tourism will remain strong as long as the renminbi is stable or rising. Who on the mainland is making these trips overseas? Of course, the customers ...

    http://www.scmp.com/news/china/article/1418785/chinese-entrepreneur-cashes-nouveau-riches-wanderlust-one-itineries
  10. News - China

    Analysts say moving too fast on yuan convertibility will be risky

    Posted May 24th 2013, 12:00am by Victoria Ruan

    ... with other countries. Programmes such as the qualified foreign institutional investor (QFII) scheme or the renminbi qualified foreign institutional investor (RQFII) scheme are likely to expand, HSBC ...

    http://www.scmp.com/news/china/article/1244359/analysts-say-moving-too-fast-yuan-convertibility-will-be-risky

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