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  1. 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 ... The initiatives are expected to boost China's clout, which sparked concerns that the new banks might compete with existing multilateral lenders, such as the World Bank and the Asian Development Bank, ...

    http://www.scmp.com/business/economy/article/1549975/world-bank-chief-backs-launch-brics-bank
  2. Business - Economy - ECONOMY

    Mainland China growth rates don't add up

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

    ... Benjamin Robertson benjamin.robertson@scmp.com Economists are questioning China's official GDP rates, saying the numbers no longer fit reality Mainland growth rates don't add up How big is China's economy? Well, partly it depends on which economist you ask. About 36 per cent smaller than official government figures would have people believe, calculated economics ...

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

    World Bank cuts growth forecast for China to 7.6pc

    Posted Jun 12th 2014, 01:10am by BLOOM

    ... Bloomberg in Washington Emerging markets advised to beef up economies to guard against next bout of financial unrest World Bank cuts China forecast The World Bank cut its forecast for economic growth in China this year to 7.6 per cent from its projection in January of 7.7 per cent. The Washington-based lender also lowered its forecasts for the other BRIC countries- Brazil, ...

    http://www.scmp.com/business/article/1530419/world-bank-cuts-growth-forecast-china-76pc
  4. News - China - ECONOMY

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

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

    ... as conditions permit. Lew added that how that promise would be met remained to be seen. China's commitment on reducing control and offering greater transparency on foreign exchange "will help ... US-China strategic and economic dialogue in Beijing. Putting those commitments into statement was "a major change", Lew said. "I think that we still have a process ahead, because ...

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

    Deutsche co-chief for Asia an unabashed bull

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

    ... China's economy and its capital markets. "The world economy will continue to recover and recover strongly. China should be in a good position to leverage on this recovery in export ... will be one of the world's biggest floats. "The pipeline I've seen in the past six months is potentially greater than anything I've seen in the recent past," said Singh. China ...

    http://www.scmp.com/business/economy/article/1556885/deutsche-bank-investment-director-unabashed-bull-asia-pacific
  6. News - China - ECONOMY

    Xi Jinping departs for South America tour

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

    ... a long-discussed move that is intended to rival Western-dominated institutions such as the World Bank. China's commercial hub, Shanghai, is in the running to provide the headquarters of the new bank, ... visits to Brazil, oil-supplier Venezuela, long-time political ally Cuba and Argentina- a key source of soybeans for China. The visit- Xi's second to Latin America since taking office as head ...

    http://www.scmp.com/news/china/article/1553212/chinas-leader-xi-jinping-departs-south-america-tour
  7. News - Hong Kong - ECONOMY

    Logistics firms eye artificial island at HK-Zhuhai-Macau bridge

    Posted Jul 15th 2014, 04:29am by FANNY FUNG

    ... for storage facilities, this can be of big contribution." The government has earmarked sites across the city for logistics and industrial use, but the industry wants several hectares more ...

    http://www.scmp.com/news/hong-kong/article/1554240/logistics-firms-eye-artificial-island-hk-zhuhai-macau-bridge
  8. News - Hong Kong - ECONOMY

    Political tensions could undermine Hong Kong as China's top financial centre: Joseph Yam

    Posted Jun 23rd 2014, 11:36pm by Cannix Yau and Enoch Yiu

    ... Cannix Yau and Enoch Yiu Amid tensions over electoral reform, former Monetary Authority chief warns of threat to Hong Kong as China's top financial centre Political uncertainty 'could undermine city' Hong Kong's former central banker Joseph Yam Chi-kwong has warned that the city could lose its status as China's top financial centre if political ...

    http://www.scmp.com/news/hong-kong/article/1539240/political-tensions-could-undermine-hong-kong-top-financial-centre
  9. Business - Economy - ECONOMY

    Joining trade pact to boost China growth

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

    ... Bloomberg in Beijing Central bank's chief research economist believes China must join Trans-Pacific Partnership talks Joining trade pact to boost growth rate China would add about ... Partnership (TPP) as soon as possible to reap the benefits, Ma Jun of the People's Bank of China said in an internal presentation in mid-June. South Korea and Vietnam would also add more than ...

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

    Weaker June inflation data may prompt more stimulus from Beijing

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

    ... stimulus China's consumer inflation cooled slightly more than expected in June, pointing to lingering weakness in the economy which could prompt Beijing to launch further stimulus measures ... monetary policy easing across the board will still be needed to help lift confidence in China's economy," said ANZ economists in a research note. ANZ believes Beijing will reduce reserve ...

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

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