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  • August 22, 2014
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  1. News - Hong Kong - ECONOMY

    John Tsang Chun-wah warns of 'perfect storm' from protests

    Posted Aug 11th 2014, 06:10am by NG KANG-CHUNG

    ... storm", was posted on his official blog yesterday. It comes amid sharp divisions between those who support resorting to protests to try to force Beijing to give Hong Kong full democracy, and those ...

    http://www.scmp.com/news/hong-kong/article/1570817/john-tsang-chun-wah-warns-perfect-storm-protests
  2. News - Hong Kong - ECONOMY

    Would you like a rise with that? How Hong Kong fares on the Big Mac Index

    Posted Aug 05th 2014, 10:50pm by PHILA

    ... wage of HK$30 an hour. As the city's Minimum Wage Commission prepares to recommend a new wage level to Chief Executive Leung Chun-ying before the end of October, the Post attempted ... transportation- the Post borrowed from a well-known indicator, the Big Mac Index, to try to do so. The index was invented by The Economist magazine in 1986 to make foreign exchange more digestible ...

    http://www.scmp.com/news/hong-kong/article/1567209/would-you-rise-how-hong-kong-fares-big-mac-index
  3. Business - Economy - ECONOMY

    Property market cool-down drives HSBC China services PMI to lowest level ever

    Posted Aug 05th 2014, 10:09am by Reuters

    ... China's factory sector posted its strongest growth in at least 18 months in July, adding to hopes that the economy was building up steam again after a weak start to the year. "The weakness ...

    http://www.scmp.com/business/economy/article/1566785/property-market-cool-down-drives-hsbc-china-services-pmi-lowest
  4. Business - Economy - ECONOMY

    China’s July official services PMI dips to six-month low

    Posted Aug 03rd 2014, 02:23pm by Reuters

    ... reversing controls that were instituted from as early as 2009. The services PMI followed two manufacturing PMIs released on Friday that showed the mainland factory sector posting its strongest ...

    http://www.scmp.com/business/economy/article/1565516/chinas-july-official-services-pmi-dips-six-month-low
  5. Business - Economy - ECONOMY

    Mainland China growth rates don't add up

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

    ... The service sector is growing 5 to 6 per cent a year, according to government data. Wu believes the sector's growth is closer to 1 per cent. As a new graduate, Wu joined the "Young Economist ...

    http://www.scmp.com/business/economy/article/1553600/mainland-china-growth-rates-dont-add
  6. Comment - Insight & Opinion - ECONOMY

    Why economic stimulus no longer works for China

    Posted Jun 23rd 2014, 10:42am by Derek Scissors

    ... in the US, even though American monetary conditions are quite loose in themselves. The ill-advised post-Lehman credit boom is one reason for China's predicament. So are years of negative real ...

    http://www.scmp.com/comment/insight-opinion/article/1538761/why-economic-stimulus-no-longer-works-china
  7. Business - Economy - ECONOMY

    Outsized conglomerates weigh on Korea's growth

    Posted Jun 25th 2014, 02:37am by William Pesek

    ... industry a young would-be innovator might want to crack, chaebol leaders can easily destroy any competitive threat. The sheer scale of the chaebol leaves no room for a South Korean Google or Uber ...

    http://www.scmp.com/business/economy/article/1539898/outsized-conglomerates-weigh-koreas-growth
  8. Business - Economy - ECONOMY

    Xi Jinping takes charge of China's economic reforms

    Posted Jun 16th 2014, 03:07am by Victoria Ruan

    ... Government researchers told the South China Morning Post they were not surprised by the development, given that Xi already heads a newly created panel with the final say on overall social ...

    http://www.scmp.com/business/economy/article/1533597/xi-jinping-takes-change-mainlands-economic-reforms
  9. Business - Economy - ECONOMY

    Worst may be over for China economy as stimulus kicks in

    Posted Jun 14th 2014, 04:21am by Victoria Ruan

    ... posted stronger growth last month, up 12.5 per cent year on year compared with 11.9 per cent growth in April, driven by a surge in online sales, which soared 53.2 per cent. Julian ...

    http://www.scmp.com/business/economy/article/1532113/worst-may-be-over-china-economy-stimulus-kicks
  10. Business - Economy - ECONOMY

    New Zealand raises key rate but not done yet

    Posted Jun 12th 2014, 03:41pm by Reuters

    ... to June, as post-earthquake reconstruction in the Canterbury region, a booming housing market, high terms of trade and increasing migration drive growth. The Reserve Bank's forecast ...

    http://www.scmp.com/business/economy/article/1530828/new-zealand-raises-key-rate-not-done-yet

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