• Fri
  • Dec 19, 2014
  • Updated: 8:58am

Infrastructure investment

Hong Kong ideal to host infrastructure bank, says JP Morgan chief

President Xi Jinping. Photo: AFP

The Hong Kong government should grab the opportunity to make the city the home for the new Asian infrastructure investment bank proposed by President Xi Jinping during his trip to Southeast Asia last week, says a top banker and influential political adviser to Beijing.

Friday, 11 October, 2013, 4:40pm 5 comments

Striking an economic rebalance

Beijing is trying to rebalance the economy from its heavy reliance on investment-fuelled expansion to one powered more by consumption, which could have implications for growth. Photo: Xinhua

As mainland growth limped across the line at the end of 2012, the jury was out on what lay in store for the world's second-biggest economy in the year ahead. Beijing correspondent Jane Cai quizzed three top analysts on their forecasts for core indicators over the next 12 months.

5 Jan 2013 - 7:14am

India is next to inspire Hitachi

The company will use India as an export centre. Photo: Bloomberg

Hitachi announced a 70 billion yen (US$838 million) India investment plan as it tries to triple sales dwarfed by its business in China.

The company aims to boost India revenue to 300 billion yen (HK$367 billion) in the year ending March 2016 from 100 billion yen last fiscal year, according to a statement.

15 Dec 2012 - 3:12am

China's economy to rebound in 2013, experts say

Labourers building a bridge in Wuhan, Hubei, are contributing towards the infrastructure developments that will drive the mainland's economy. Photo: Reuters

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 to be held this weekend, comes amid strong feeling among economists and government researchers that growth in the world's second-biggest economy is on the rebound.

14 Dec 2012 - 3:00am

Port Everglades agent bound for Pearl River Delta in exports push

Established as a deep-water harbour in 1927, over 5.2 million tonnes of cargo a year now moves through Port Everglades. Photo: Bloomberg

Port Everglades, on the US east coast, is considering plans to appoint a trade representative in the Pearl River Delta to boost cargo volumes between the region and southern Florida.

The port is the latest on the US east and Gulf coasts to confirm it is targeting Chinese and other Asian exporters, especially with the opening of the expanded Panama Canal in early 2015.

12 Dec 2012 - 3:51am

Mainland demand will grow, says analyst

The mainland housing market will pick up next year, and that will drive the overall economy, said Stephen Green, head of greater China research at Standard Chartered Bank.

12 Dec 2012 - 2:58am

Infrastructure spending key to mainland economic growth

7 Dec 2012 - 10:15am

Mainland sticks to stable growth

Domestic consumption will help drive China's growth. Photo: AFP

The new central leadership yesterday hinted that economic stability and continuity would be its priority, dashing hopes for a big-bang stimulus for the time being.

5 Dec 2012 - 3:12am

China takes a bold step in Afghanistan

A miner unloads coal from donkeys at a mine north of Kabul. Photo: AFP

While the West is pulling out of Afghanistan, China is scouting out the strife-torn country's natural resources, estimated to be worth trillions of US dollars.

Last year, Afghanistan's Ministry of Mines declared that 30 per cent of the country's land contains US$3 trillion of mineral resources. Getting the wealth out of ground, however, poses big political and security risks.

5 Dec 2012 - 3:12am

Data points to firm economic growth on the mainland but doubts remain

Visitors on the Bund in Shanghai. Not everyone is bullish about the mainland economy. Photo: AFP

As more economists join the bull camp in predicting a continued economic recovery on the mainland, a few are seeing amber lights flashing ahead.

1 Dec 2012 - 3:07am

Post-congress leaders likely to shun stimulus in favour of lower growth

Tiananmen Square is spruced up for the congress. Photo: AFP

To buy or not to buy? This is a question home-buyers often ask themselves - particularly so on the mainland, where abrupt policy changes make timing crucial for investment success.

8 Nov 2012 - 2:22am

Post-national congress infrastructure spree 'set to soak up' cement glut

Zhang Jimin

West China Cement is banking on greater spending on infrastructure to lift demand for cement, once the Communist Party's 18th national congress wraps up next month.

24 Oct 2012 - 4:01am