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  • July 30, 2014
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  1. News - China - ECONOMY

    Targeted measures to spur growth

    Posted Jul 30th 2014, 05:21am by Cary Huang

    ... Cary Huang cary.huang@scmp.com Politburo says nation will focus on market-oriented reform to maintain economic growth as it announces fourth plenary session in October Targeted measures ... said the country would focus on market-oriented reform while it worked to achieve growth for the world's second largest economy. "Our nation must maintain certain speed in economic ...

    http://www.scmp.com/news/china/article/1562186/targeted-measures-spur-growth
  2. Business - Economy - ECONOMY

    Deutsche co-chief for Asia an unabashed bull

    Posted Jul 21st 2014, 03:18am by Jasper Moiseiwitsch and Ray Chan

    ... Jasper Moiseiwitsch and Ray Chan Deutsche co-chief for Asia an unabashed bull Bhupinder Singh, Deutsche Bank's Asia-Pacific co-head of investment banking, is- as you might expect- positive on the outlook for Asia-Pacific investment banking. He believes that a strong economic recovery now underway in the United States, combined with better growth in the euro zone, will propel ...

    http://www.scmp.com/business/economy/article/1556885/deutsche-bank-investment-director-unabashed-bull-asia-pacific
  3. Business - Economy - ECONOMY

    World Bank chief backs launch of BRICS bank

    Posted Jul 09th 2014, 05:20am by Victoria Ruan

    ... institution and would instead help it fight poverty and spur economic growth. The world's five key emerging nations of Brazil, Russia, India, China and South Africa have proposed the launch ... slowed," he said. Beijing is aware of the need to stick to the reform agenda in order to pursue high-quality growth. The process had been "so far, so good", he said. On the Sino-United ...

    http://www.scmp.com/business/economy/article/1549975/world-bank-chief-backs-launch-brics-bank
  4. News - China - ECONOMY

    Xi Jinping departs for South America tour

    Posted Jul 13th 2014, 11:15am by AFP, Reuters

    ... Agencies in Beijing and Brasilia President to meet friends old and new for BRICS talks and to keep the resources pipeline flowing Xi off to do business in America's backyard President Xi Jinping has departed for a visit to four South American countries, including Brazil, to build ties in a resource-rich region traditionally considered the backyard of the United States. Xi ...

    http://www.scmp.com/news/china/article/1553212/chinas-leader-xi-jinping-departs-south-america-tour
  5. Business - Economy - ECONOMY

    Mainland China growth rates don't add up

    Posted Jul 14th 2014, 03:09am by Benjamin Robertson

    ... than China's National Bureau of Statistics' figure of 9.8 per cent. Between 1952 and 1977, growth was roughly in line with the government figure of 4.3 per cent. Wu's findings ... the second-largest economy when compared against other nations using market exchange rates. When economies are growing quickly, Wu said, people would not worry "if there is 1 or 2 per cent ...

    http://www.scmp.com/business/economy/article/1553600/mainland-china-growth-rates-dont-add
  6. Business - Economy - ECONOMY

    Weaker June inflation data may prompt more stimulus from Beijing

    Posted Jul 09th 2014, 10:45am by Reuters

    ... to shore up growth. The consumer price index (CPI) rose 2.3 per cent in June from a year earlier, down from 2.5 per cent in May, the National Bureau of Statistics said yesterday. The producer price ... or a nation-wide reduction in bank reserves. Policymakers are reluctant to announce a massive stimulus programme like the one adopted during the 2008-09 global financial crisis, which fuelled inflation. ...

    http://www.scmp.com/business/economy/article/1550172/china-inflation-slows-23pc
  7. News - China - ECONOMY

    US Treasury secretary leaves talks with China pledge to reduce currency intervention

    Posted Jul 11th 2014, 04:36am by Victoria Ruan

    ... surplus with the United States, of US$31.6 billion, in June. Washington has criticised China for undervaluing the yuan to boost exporters' competitiveness, after the yuan depreciated by more ...

    http://www.scmp.com/news/china/article/1551487/us-treasury-secretary-leaves-talks-china-pledge-reduce-currency
  8. Business - Economy - ECONOMY

    Japan's industrial output rises in May, signalling rebound after tax hike

    Posted Jul 01st 2014, 04:05am by Reuters

    ... of a national sales tax rise, underscoring views the economy will absorb the increase largely unscathed. The 0.5 per cent month-on-month rise compared with the median estimate of a 0.9 per cent increase ... in a flat trend. The government raised the national sales tax to 8 per cent from 5 per cent on April 1 to pay for rising welfare costs, which has chilled private spending. Manufacturers have reduced ...

    http://www.scmp.com/business/economy/article/1543897/japans-industrial-output-rises-may-signalling-rebound-after-tax
  9. Business - Banking & Finance - ECONOMY

    French economist's long-forgotten demand theory gets its due after new US policy

    Posted Jun 30th 2014, 01:20pm by STEVE HANKE

    ... announced that it would start reporting a new data series as part of the US national income accounts. In addition to gross domestic product (GDP), the BEA will start reporting gross output (GO). This announcement went virtually unnoticed and unreported. Yet GO represents a significant breakthrough. The Classical School of economics prevailed roughly from Adam Smith’s Wealth of Nations time (1776) ...

    http://www.scmp.com/business/banking-finance/article/1543497/french-economists-long-forgotten-demand-theory-gets-its-due
  10. Business - Economy - ECONOMY

    Joining trade pact to boost China growth

    Posted Jun 25th 2014, 02:37am by Bloomberg

    ... the 12 nations currently negotiating the TPP are expected to conclude an initial agreement before new members are admitted. The US and Japan said in April that there was "still much work ... history. In addition to the US and Japan, nations seeking the deal are Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Ma, who came to the PBOC earlier ...

    http://www.scmp.com/business/economy/article/1539896/joining-trade-pact-boost-china-growth

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