The Hong Kong government expects to post a budget surplus of HK$138 billion for the current financial year to March, a record figure that will help propel the city's fiscal reserves past the one-trill ...More
EJ Insight2018-02-28
The government will not hand out cash to all citizens as some people have been urging it to do, although the budget surplus for the current fiscal year is said to be as much as HK$140 billion, the Hon ...More
EJ Insight2018-02-27
Financial Secretary Paul Chan Mo-po has made it clear that the administration wants to utilize the budget surplus to build up savings for the city's future needs while also spending some of the money ...More
EJ Insight2018-02-26
In December 2017, the eurozone’s current-account surplus reached an all-time high of 391 billion euros (US$483 billion), prompting the usual calls for Germany to “do more” to resolve the imbalance thr ...More
EJ Insight2018-02-26
... ll budget surplus of S$9.6 billion for the 2017 financial year, much higher than the initial forecast of S$1.9 billion. Singapore has total fiscal reserve of S$997.4 billion, including cash holdings, ...More
EJ Insight2018-02-22
... he budget surplus that is expected to amount to multibillion Hong Kong dollars this fiscal year. While some urge the government to offer cash handouts to citizens, others insist that raising allocatio ...More
EJ Insight2018-02-20
The Democratic Alliance for the Betterment and Progress of Hong Kong (DAB), the city's largest pro-Beijing political party, has called on the government to utilize the budget surplus to provide relief ...More
EJ Insight2018-02-15
... a's trade surplus more than halved to US$20.34 billion in January from the previous month, and investors speculated controls on outward cash flows will be eased. Earlier, the People's Bank of China se ...More
EJ Insight2018-02-09
... ctors – a surplus of capital among Chinese companies and individuals: their favorable view of the 'startup' nation and of Jewish people as among the most gifted in the world; and the warm welcome give ...More
EJ Insight2018-02-01
... lush with surplus and our city so rich in vacant land. This article appeared in the Hong Kong Economic Journal on Jan 24 Translation by Alan Lee [Chinese version 中文版] – Contact us at [email protected] ...More
EJ Insight2018-01-29
... 's budget surplus is very likely to hit a record high this year. Some have said the surplus may reach HK$160 billion this time. As to how the government will use these huge savings, Financial Secretar ...More
EJ Insight2018-01-24
The Hong Kong government's consolidated surplus for the 2017-18 fiscal year is likely to come in at HK$160 billion, roughly ten times larger than the figure laid down by authorities in their original ...More
EJ Insight2018-01-18
... mies with surplus savings, could in principle produce an outsize rise in global rates, jeopardizing today’s low borrowing costs, frothy stock markets, and subdued volatility. Then, suddenly, the econo ...More
EJ Insight2018-01-09
... using the surplus of its oil revenues, and to date the fund has accumulated a cash balance of US$50 billion, making it one of the richest states in the US. Thanks to the fund's impressive yields over ...More
EJ Insight2017-12-01
... y's trade surplus slumped 21 percent from a year ago. The growth of both imports and exports moderated in October. External trade data appears disappointing. In truth, however, China’s foreign trade g ...More
EJ Insight2017-11-21
... e rise to surplus roads, which can then be transformed into public spaces for citizens to use, he said. This article appeared in the Hong Kong Economic Journal on Nov 13 Translation by Jonathan Chong ...More
EJ Insight2017-11-13
... ion trade surplus with the US in October. "We really have to look at access, forced technology transfer and the theft of intellectual property, which just by and of itself is costing the United States ...More
EJ Insight2017-11-10
... ive trade surplus with the United States. Qualcomm, which earns more than half of its revenues in China, became the takeover target of rival chipmaker Broadcom earlier this week. The chipmaker's CEO, ...More
EJ Insight2017-11-10
... ion trade surplus with the US for the month of October. Wednesday afternoon, Xi and Trump and their wives toured the former imperial palace off Beijing’s Tiananmen Square before a Peking opera perform ...More
EJ Insight2017-11-09
... achieve a surplus by 2020. Even if the VAT hike is introduced as scheduled, a primary balance surplus by 2020 is unlikely. But as the delay in achieving a surplus is widely expected, it would likely h ...More
EJ Insight2017-09-29
