• Fri
  • Sep 19, 2014
  • Updated: 12:12pm

Global economy

China, US focus on exports will cause more economic chaos

The global economy has been in constant crisis for five years. Muddling through with endless stimulus packages hasn't worked. The logical conclusion should be to try something new.

Thursday, 15 November, 2012, 2:35am

The other big shift going on in the global economy

Ever since the financial crisis, we have heard a great deal about how the world's economic centre of gravity is shifting.

The United States and Europe are in decline, their economies hamstrung by crippling public debt burdens.

Meanwhile, Asia is rising, propelled by the emergence of China as a trading and financial superpower.

14 Nov 2012 - 3:26am 2 comments

Asian manufacturing slows, but services have been slow to fill the gap

The euro-zone crisis has dominated discussions among policymakers over the past few years, but the economic slowdown in Asia's two giants - China and India - has become a source of growing public concern as well. How worried should we be about an additional drag on the global economy?

14 Nov 2012 - 3:16am

Interview: Tom Cheung Ling-fung, chief executive of Hui Xian Reit

Tom Cheung Ling-fung, chief executive of Hui Xian Real Estate Investment Trust, was among the first Hong Kong executives to relocate to the mainland in the early 1990s, and he's seen first-hand some of the dramatic changes the economy has undergone in the past two decades.

10 Nov 2012 - 5:04am

Laos, Russia join WTO path to growth

Laos hosted the 9th Asia-Europe Meeting in its capital, Vientiane, this week, and many will see this as a coming-out party for the Southeast Asian nation, which is about to become the newest member of the World Trade Organisation.

8 Nov 2012 - 2:16am

G20 presses Europe, US to fix fiscal challenges

The world’s leading economies pressed the United States and Europe to swiftly resolve their fiscal challenges on Monday, warning that they threaten to harm global growth.

6 Nov 2012 - 6:21am

'No surge in sight for international iron ore prices'

International iron ore prices will at best be steady and likely move lower next year despite a sharp rebound in the past two months, according to industry executives and analysts.

6 Nov 2012 - 4:24am

Premier Wen Jiabao calls for clear euro-zone debt plan

Premier Wen Jiabao called on major economic institutions to come up with a clear and reliable plan to solve the euro-zone debt crisis, while pledging that China will assist in Europe's recovery.

In a speech at the opening ceremony of the Asia-Europe Summit in Vientiane, Laos, yesterday, Wen also urged co-operation between the two sides on the use of water resources and forestry.

6 Nov 2012 - 12:07pm

Emerging nation stocks fall most since 2007

Five years after global equities peaked, valuations in developing countries have tumbled the most even as their economies expanded fastest.

5 Nov 2012 - 6:20am

Hong Kong still No 2 for ease of doing business

Hong Kong remains the second-best place in the world to do business, pipped again by Singapore, which for the seventh consecutive year topped a global survey of business-friendly economies.

China, the world's second-biggest economy, lagged in 91st place but was the most improved market in the Asia-Pacific region to do business.

24 Oct 2012 - 9:31am