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  1. Business - Economy - ECONOMY

    Changing tides could shift focus from China to Africa

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

    ... June Sun june.sun@scmp.com Ageing population in China may see Sub-Saharan region's labour force become highly competitive Changing tides could shift focus to Africa Shifting 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 ...

    http://www.scmp.com/business/economy/article/1580413/changing-tides-could-shift-focus-china-africa
  2. 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

    ... interest groups, Ma said. Since coming to office, Xi has vowed to focus on reforms aimed at raising economic productivity and addressing social justice. Recent economic data suggests that China's growth has slowed. China's economy grew 7.4 per cent year on year in the first half of 2014, one of the more sluggish periods compared to the two-digit growth of the past 30 years. ...

    http://www.scmp.com/news/china/article/1577934/top-communist-party-officials-inclusion-task-force-reflects-chinas
  3. 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

    ... financial news site quoted Zong telling a group of economists and entrepreneurs at the Yabuli China Entrepreneurs Summer Summit in Zhengzhou, Henan province, on Saturday. He suggested ... are poor, the country cannot be strong Zong Qinghou, Wahaha chairman The businessman, who is worth US$11.2 billion, according to the latest Forbes China Rich List, said the government ...

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

    Guangdong talks up role in ‘maritime Silk Road’ to boost trade with Asean

    Posted Aug 28th 2014, 04:45am by Andrea Chen

    ... the past three years. President Xi Jinping said last year during trips to Central and Southeast Asian countries that China wanted to create a "new Silk Road" and a "maritime Silk ... of China's total trade volume with the regional grouping. Li said the province's proximity to Hong Kong would be one of Guangdong's advantages as it seeks to play a key role in building ...

    http://www.scmp.com/news/china/article/1581360/guangdong-talks-role-maritime-silk-road-boost-trade-asean
  5. News - Hong Kong - ECONOMY

    Beijing to consult Hong Kong on its 13th five-year plan

    Posted Aug 20th 2014, 04:14am by Denise Tsang

    ... Deloitte China tax and business advisory services partner Caesar Wong said the central government's advice was necessary in the wake of the trend of greater cross-border economic integration. ...

    http://www.scmp.com/news/hong-kong/article/1577268/beijing-consult-hong-kong-its-13th-five-year-plan
  6. Business - Economy - ECONOMY

    Property market cool-down drives HSBC China services PMI to lowest level ever

    Posted Aug 05th 2014, 10:09am by Reuters

    ... China's factory sector posted its strongest growth in at least 18 months in July, adding to hopes that the economy was building up steam again after a weak start to the year. "The weakness ... HSBC's chief China economist, Qu Hongbin. A similar survey by the National Bureau of Statistics found non-manufacturing activity slowed to 54.2 in July from 55 in June as new orders rose ...

    http://www.scmp.com/business/economy/article/1566785/property-market-cool-down-drives-hsbc-china-services-pmi-lowest
  7. Business - Economy - ECONOMY

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

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

    ... in at least 12 months. Cai Jin, vice-president of the China Federation of Logistics & Purchasing, which publishes the services PMI in conjunction with the mainland government, advised investors ...

    http://www.scmp.com/business/economy/article/1565516/chinas-july-official-services-pmi-dips-six-month-low
  8. 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, China's financial system will be fully exposed to the powerful gunfire of international speculative capital," Yu, a former central bank adviser, wrote in last month's edition of Studies ...

    http://www.scmp.com/business/banking-finance/article/1568188/yuan-convertibility-back-burner-beijing-focuses-other
  9. Business - Economy - ECONOMY

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

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

    ... IMF says The International Monetary Fund has urged Beijing to lower its growth target next year but forecasts China is likely to meet its annual target of "around 7.5 per cent" this year. The IMF, as well as Fitch Ratings, yesterday warned China about the risks of relying on credit and investment expansion to defend a targeted growth rate at the cost of creating prolonged ...

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

    Australia's July jobless rate soars to 12-year high

    Posted Aug 08th 2014, 04:28am by Reuters

    ... cent. Still, the rise caused shock in markets and was bound to generate negative headlines in the media. "There's a lot of statistical noise in these numbers, nevertheless it's ...

    http://www.scmp.com/business/economy/article/1568633/australias-july-jobless-rate-soars-12-year-high

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