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  • October 21, 2014
  • Last updated: 5:22am
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  1. Business - Economy - ECONOMY

    Hong Kong in lukewarm response to European Central Bank rate cut

    Posted Sep 06th 2014, 05:37am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com ECB's rate cut draws lukewarm response Hong Kong investors reacted nonchalantly yesterday to the European Central Bank's decision on Thursday to cut rates close to zero and pump prime a low-cost lending programme designed to help the beleaguered euro zone after five years of economic stagnation. While major European bourses all ...

  2. News - China - ECONOMY

    Premier Li Keqiang points to six barriers to rural progress

    Posted Sep 23rd 2014, 03:16am by MANDY ZUO

    ... summary in response to concerns raised by farmers in an Inner Mongolian village. Li visited the remote village of Taipingzhuang in Chifeng in March, and in a letter published in the Inner Mongolia ... by 2020. The Communist Party outlined the goal at its 18th congress two years ago. Li Guoxiang, a specialist in rural issues at the Chinese Academy of Social Sciences, said many local authorities ...

  3. Business - Economy - ECONOMY

    Japan's Abe is 'neutral' on raising sales tax

    Posted Oct 06th 2014, 04:10am by Reuters

    ... for the social-security system and fiscal reform." Abe raised the tax to 8 per cent in April from 5 per cent. He will decide in December whether to raise it to 10 per cent in October next year. Economists ...

  4. Business - Economy - ECONOMY

    Hong Kong urged to bolster trade and logistics sector

    Posted Oct 03rd 2014, 10:56am by JING YANG

    ... Jing Yang jing.yang@scmp.com British Chamber of Commerce paper calls on government to hive off logistics industry responsibilities from Transport and Housing Bureau HK urged to shore up ... Logistics Committee, which wants to see responsibilities covering the industry hived off from the bureau. "The largely international outlook of the logistics, ports and aviation-related sectors ...

  5. Business - Economy - ECONOMY

    Guangdong eyes SOE reform

    Posted Sep 29th 2014, 03:58am by Enoch Yiu, Sophie Yu

    ... is a tradition. When Deng Xiaoping in 1992 encouraged Guangdong to catch up with the 'four dragons', Guangdong has taken it as its historical responsibility to develop fast and well ... are willing to introduce management reform or advanced technology to the SOE, the government as the major shareholder may not immediately respond due to considerations such as social and political ...

  6. Business - Economy - ECONOMY

    China central bank sees role for shadow banking

    Posted Sep 27th 2014, 05:33am by Victoria Ruan

    ... Concerns have intensified after a string of trust products faced default risks earlier this year amid the sharp slowdown in the real estate market. Total social financing fell 39 per cent to 957 ...

  7. Business - Economy - ECONOMY

    China credit fluctuation stirs policy uncertainty

    Posted Sep 12th 2014, 12:15pm by Victoria Ruan

    ... said, they are likely to adopt some targeted measures in the months ahead to ensure that borrowing costs don't rise too sharply for small and private firms." Aggregate social ...

  8. News - China - ECONOMY

    Guangdong farmers wait for the bulldozers amid ambitious new-town plans

    Posted Sep 12th 2014, 05:52am by He Huifeng

    ... at the Guangdong Academy of Social Sciences, is also worried about the lack of outside investment in the roads, new towns and industrial parks. "If the industrial parks and new towns do not prove ...

  9. News - World - ECONOMY

    World Bank warns of global jobs crisis

    Posted Sep 09th 2014, 10:52pm by AFP

    ... public policies, along with resilient social protection systems, sustainable public finance and well-regulated financial systems. "Coordinated policies in these areas are seen ...

  10. News - China - ECONOMY

    Li Keqiang downplays fears over anti-monopoly probes ahead of economic forum

    Posted Sep 09th 2014, 11:47pm by Victoria Ruan

    ... fuelling concerns of a deteriorating foreign investment climate. Li, in response to a question, said: "I myself feel concerned why you have such worries." "We hope that foreign ...




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