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  1. Kidnap gangs 'target HK businessmen'

    Posted Nov 14th 2010, 12:00am by John Carney

    ... John Carney A Hong Kong businessman whose nephew was kidnapped by the Taliban in Pakistan has warned entrepreneurs to be on their guard when visiting the country. Fazal Karim and his family endured three months of torment after the 10-year-old boy was hel ...

  2. Imports weigh on trade surplus

    Posted Sep 11th 2010, 12:00am by Denise Tsang

    ... Denise Tsang China's trade surplus swelled by a less-than-expected 30.4 per cent year on year in August, but economists say pressure for yuan appreciation will continue to dog ... election, expect every nuanced movement [in the US-China trade relationship] to be used by Beijing and Washington to further their stance on yuan,' HSBC chief economist Qu Hongbin said. Next ...

  3. EU report raps China over drop in fairness, openness

    Posted Sep 03rd 2010, 12:00am by Denise Tsang

    ... with their local rivals, he said. 'But we haven't seen this movement becoming concrete,' he said. 'Our members are in China for the Chinese market.' The EU report urged that trade ... market access to these industries 10 years after the nation gained World Trade Organisation status. A case in point is that no foreign enterprises have been granted a wholesale licence ...

  4. China swings back to trade surplus

    Posted May 11th 2010, 12:00am by Cary Huang

    ... Cary Huang in Beijing The mainland swung to a trade surplus in April after a rarely seen deficit in March, but exports only narrowly topped imports, providing little comfort for policymakers fearful of another round of global financial woes triggered by the European sovereign debt crisis. The country recorded a trade surplus of US$1.68 billion in the month, defying ...

  5. WTO chief refuses to give his two cents' worth on yuan rate

    Posted Jul 24th 2010, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai World Trade Organisation director-general Pascal Lamy yesterday refused to be drawn into the controversy surrounding the yuan exchange rate amid China's increasing influence on global trade. Addressing a conference in Shanghai, Lamy said: 'I have no specific comments on currency issues in public. Most economists would agree that a short-term ...

  6. Foreign investment up 29pc despite unrest on labour line

    Posted Aug 18th 2010, 12:00am by Cary Huang

    ... and the second highest ever. The record was the US$108 billion invested in 2008. FDI inflows, which surged after the country joined the World Trade Organisation in 2001, have recovered steadily this year ... was uneven, and overseas shipments would probably continue to slow over the next few months. China aims for more balanced trade, and the trade surplus for 2010 will 'surely' fall this year, ...

  7. HK charity gives a voice to the voiceless

    Posted Aug 01st 2010, 12:00am by John Carney

    ... John Carney There are untold millions of them in today's China- children left behind in villages by parents forced to leave home to find work in the cities. Children who, if they live with anyone, share a roof with grandparents who often are too busy ...

  8. US-China ties warmer, but not for long

    Posted Apr 26th 2010, 12:00am by Michael Pettis

    ... Chen Deming responded by warning that the US would suffer more than China in a trade war- apparently unaware that historical precedents suggest that trade-surplus countries are always the most ... to shift as much of the burden onto its trade partners, the outcome is almost certainly to be a period of much slower global growth and much more difficult adjustment. A grand bargain among ...

  9. Exports on the rise but recovery will take years, minister warns

    Posted Mar 07th 2010, 12:00am by Staff Reporter

    ... said yesterday. The mainland's trade improvement has been 'very fragile' considering the uncertainties faced by the world economy, Chen said at a press conference on the second ... Chen said. The minister said the trade surplus dropped 50.2 per cent in the first two months from the same period a year ago- proof that China was contributing to balanced world trade instead ...

  10. Let the market thrive, so the people can, too

    Posted Jul 28th 2010, 12:00am by James Dorn

    ... of economic controls after the famine of the mid-1990s. Private markets developed and cross-border trade grew. The existence of private markets along with the 'sunshine' policy of the South ...




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