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  • August 23, 2014
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  1. Business - Economy - CHINA

    Beijing eyes new regional free-trade deal as US-led pact falters

    Posted May 01st 2014, 01:28am by KRISTINE KWOK

    ... Kristine Kwok kristine.kwok@scmp.com Talks under way on regional pact after Obama failed to make headway on a US-led agreement China pushes for Pacific trade deal Beijing has sought to take the lead in kick-starting the formation of a regional free-trade agreement as a US-led pact, which does not include China, faces uncertainty. Wang Shouwen, an assistant commerce minister, ...

  2. Business - Banking & Finance - CHINA

    HSBC and BEA approved to operate in Shanghai free-trade zone

    Posted Oct 13th 2013, 12:00am by KANIS LI

    ... Kanis Li Kanis.li@scmp.com Banks given approval for sub-branches in mainland's first free-trade area HSBC and BEA in for Shanghai trade zone HSBC and Bank of East Asia have won approval to set up a presence in the Shanghai free-trade zone, putting them among the first foreign banks there following similar approval granted to DBS and Citigroup last month. Both banks plan ...

  3. Business - Economy - CHINA

    China trade outlook worsens as exports tumble in June

    Posted Jul 10th 2013, 10:11am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Unexpected decline in June trade data prompts economists to downgrade growth forecasts, as premier vows to maintain economic stability China ... economic stability, after official trade data showed the first annual fall in exports in 17 months. An unexpected 3.1 per cent fall in June exports from a year earlier to 1.09 trillion yuan ...

  4. Business - Economy - CHINA

    Shanghai free-trade zone edges closer

    Posted Jun 07th 2013, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Approval expected soon for plan that ties in with move for full yuan convertibility Shanghai free-trade zone edges closer Shanghai is expected to launch the mainland's first free-trade zone soon, reinforcing the city's bid to become a global financial centre. The proposals on the free-trade zone were being reviewed ...

  5. Business - Economy - CHINA

    'Fake invoice' curbs set to show slowing trade

    Posted Jun 07th 2013, 12:00am by BLOOM

    ... Bloomberg in Beijing Crackdown may put pressure on Beijing to shift growth towards domestic consumption 'Fake invoice' curbs set to show slowing trade The mainland's crackdown on fake export invoices used to disguise money flows is probably cutting its trade figures, revealing subdued global demand that will weigh on economic growth. Outbound shipments may have ...

  6. Lifestyle - Books - CHINA

    Book review: The Contest of the Century, by Geoff Dyer

    Posted Mar 23rd 2014, 03:52pm by Mark O'Neill

    ... to China, which has overtaken the US to become the largest trading partner and largest foreign investor in Brazil. This reshaping of the world by a rising China is one of the main themes ... chapters are those on the economy. HSBC predicts that by 2015, at least half of China's trade with the developing world, around US$2 trillion, will be in yuan. "The world is slowly, ...

  7. Infographics - CHINA

    World trade centre

    Posted Nov 10th 2011, 12:00am by Simon Scarr

    ... Simon Scarr In the decade since joining the WTO, China’s share of global trade has risen from less than 4 per cent to nearly 10 per cent.  The country now exports more than any other nation and was the second-biggest importer last year, as it chases the United States for the title of the world’s largest economy   ...

  8. Business - Economy - CHINA

    Effort to build a nation of consumers meets resistance from budget-minded shoppers

    Posted Feb 03rd 2014, 04:01am by AP

    ... be picking up for Zhao Guoping, a Beijing shopkeeper, as central government leaders try to build a consumer society to replace a worn-out economic model based on trade and investment. But his ... this year. The government has announced plans for a dozen new free-trade zones in Shanghai and other cities with promises of easing restrictions on business. But such changes will take time to show ...

  9. Business - Economy - CHINA

    Stronger yuan, fear of forex losses hurting exporters

    Posted May 17th 2013, 12:00am by Victoria Ruan

    ... ministry says Stronger yuan hurting exporters Fast yuan appreciation has hurt exporters, the Ministry of Commerce said yesterday, adding the country's trade outlook is clouded by uncertainties despite the recent upbeat growth. Ministry spokesman Shen Danyang cautioned against being "overly optimistic" about trade. His comments follow the surprisingly good performance reported ...

  10. Business - Economy - CHINA

    Forecasts throw doubts over global prospects: official

    Posted Sep 21st 2012, 12:00am by Keith Wallis

    ... economy this year, a figure lower than the 2011 result. At the same time, the World Trade Organisation's estimate of a 3.7 per cent rise "was lower than the average of the past two ... and maritime executives were more bullish about long-term prospects, predicting a surge in world growth and trade volumes over the next 40 years, helping to fuel the development of new trade routes. ...




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