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  • July 26, 2014
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  1. Business - Economy - ECONOMY

    China PMI factory data points to broader recovery

    Posted Apr 01st 2013, 11:20am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com China factory data points to recovery Mainland factory activity rose to an 11-month high last month, but economists say external headwinds and new domestic property curbs will add uncertainties to growth. The purchasing managers' index (PMI) compiled by the National Bureau of Statistics rose to 50.9 from 50.1 in February. ...

  2. News - Hong Kong - LEISURE

    Lifeguards on ‘sickout’ force HK$800m Victoria Park public pool to close

    Posted Apr 21st 2014, 04:59pm by Ernest Kao

    ... services are not affected." Kwok said Victoria Park was not the only public pool short of lifeguards; the number needed to increase by 20 per cent across the city. But he said hiring had been ... Ernest Kao ernest.kao@scmp.com Victoria Park pool closed for three hours as lifesavers act in dispute over staff 'shortage' Swimmers left high and dry as guards call in sick ...

  3. News - China - COMMERCE

    Rare pick from within as Gao Hucheng gets key economic job

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

    ... Victoria Ruan victoria.ruan@scmp.com Rare pick from within for key economic job Gao Hucheng, an experienced international negotiator and a former senior business executive, will replace Chen Deming as commerce minister. The 61-year-old, fluent French speaker, faces tough challenges after the country's trade growth missed the official target last year and turned in its ...

  4. Business - Economy - CURRENCIES

    PBOC 'has scope to widen' yuan band

    Posted Mar 12th 2013, 12:00am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com Economist criticises People's Bank of China for not widening yuan's trading band earlier, but says it could easily be reformed this year PBOC 'has scope to widen' yuan band The People's Bank of China has room to widen the yuan's trading band this year, a reform that could have been done earlier and more quickly, ...

  5. Business - Property - TAX REFORM

    Wen Jiabao says property tax reform needs serious study

    Posted Jan 16th 2013, 12:00am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com Wen comment suggests delay to property tax Premier Wen Jiabao said yesterday that property tax reform should be studied "in the medium to long run", suggesting a plan to expand a tax trial might be delayed. It's the first time Wen has given a slightly clearer timetable for expanding a property tax trial imposed in Shanghai ...

  6. Business - Economy - CHINA

    World Bank raises China growth forecast for 2012

    Posted Dec 20th 2012, 12:00am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com World Bank raises China growth forecast for 2012 The World Bank has raised its forecast for mainland China's growth this year and next, citing easing credit conditions and a pickup in investment, but projected a slowdown in 2014. The mainland's gross domestic product (GDP) may expand 7.9 per cent this year, the lowest since ...

  7. Business - China Business - ECONOMY

    China's economy to rebound in 2013, experts say

    Posted Dec 14th 2012, 12:00am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com New leadership and favourable economic data from the past two months prompt predictions that economy to grow at 8pc or above next year China growth to rebound in 2013, experts forecast Forecasts on prospects for the mainland economy are becoming more optimistic on the eve of a top-level meeting. The Central Economic Working Conference, expected ...

  8. Business - Economy - CHINA

    Think tank says investments to remain stable

    Posted Dec 06th 2012, 12:00am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com This policy is the most effective and direct way to prevent further slowing, says academic Think tank says investmentsto remain stable Government researchers are confident Beijing will keep investments stable next year, predicting economic growth will accelerate to 8.2 per cent from an estimated 7.7 per cent this year. Assuming the European ...


    Incoming premier to forge new strategic economic path

    Posted Nov 19th 2012, 12:00am by Victoria Ruan

    ... Incoming premier to pursue four key areas of economic transformation that will be used to help improve nation's economy over coming decade Premier-designated Li Keqiang is making a new strategic push for China - the "four new modernisations" ...

  10. News - China - POLITICS

    Xi Jinping must make government credible, then reform it

    Posted Nov 18th 2012, 12:00am by Victoria Ruan

    ... Public expectations high for systems overhaul, but many still doubtful new leader will deliver New Communist Party leader Xi Jinping faces mounting calls to overhaul the nation's economic and political systems - and public expectations are high. But ...




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