• Sun
  • Dec 28, 2014
  • Updated: 12:13pm

Economic Systems

'Roadmap' rolled out to reform public institutions

The central government has issued a roadmap for reforming public institutions - a large and diverse sector that is a remnant of the planned-economy era - to deepen its now decades-old market-oriented policy of economic and social development.

Tuesday, 17 April, 2012, 12:00am

'Roadmap' rolled out to reform public institutions

The central government has issued a roadmap for reforming public institutions - a large and diverse sector that is a remnant of the planned-economy era - to deepen its now decades-old market-oriented policy of economic and social development.

17 Apr 2012 - 12:00am

Depositors lament profits of doom

Fat profits at financial institutions have led to banker bashing around the world, and China is no exception.

While US and European bankers draw criticism for collecting bonuses despite being rescued by taxpayers, in China it's a different story.

16 Apr 2012 - 12:00am

Non-bank credit growth slips 4.6pc

Social financing, a measure of new credit growth, for the first half dropped 4.67 per cent to 7.76 trillion yuan (HK$9.33 trillion) year on year, in what analysts say is proof that tightening measures are beginning to work.

The People's Bank of China began measuring total social financing last year to quantify the growth of credit extended outside the banking system.

16 Jul 2011 - 12:00am

Is plutocracy the real face of capitalism?

Which is the future? Free-market capitalism or state-run capitalism? That was the burning question supposedly posed by the western financial crisis.

5 Jul 2011 - 12:00am

Foreign banks play down rivalry

Foreign banks say domestic Chinese banks are posing less of a competitive threat than before, according to a PricewaterhouseCoopers annual survey of 42 foreign banks operating in China.

23 Jun 2011 - 12:00am

Fair exchange

Money is no longer the only currency in trading. This is becoming clearer as community-oriented co-operatives strive to restore the self-esteem of underprivileged people and improve their living standards.

The non-profit co-ops offer an alternative to those who lack the financial resources to make a difference in their lives.

15 Nov 2007 - 12:00am

Strong aspirations to own homes a key to the strength of the market

Chris Brooke, property analyst

As already strong demand for housing on the mainland continues to surge, the government should try to maintain market stability by watching land supply, increasing housing stock in second-tier cities and opening up its capital market, says Chris Brooke, a senior analyst at international property firm CB Richard Ellis.

1 May 2006 - 12:00am

Planning essential to economy: expert

Economist believes reforms alone will not fix market failures

Market-oriented reforms must not override state planning because it is a remedy for market failures, including the widening wealth gap, a leading mainland economist said.

21 Mar 2006 - 12:00am

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