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China targets 3.19 trn yuan tourism income for 2014, paper says

China is aiming to achieve an 11 percent growth in tourism income at 3.19 trillion yuan (US$526.91 billion) in 2014, the People’s Daily reported Monday, citing Minister Shao Qiwei {邵琪偉} of the China N ...More

EJ Insight2014-01-07

Who needs 1,000 yuan notes?

Images of "new" 500 and 1,000 yuan bills flooded social media sites recently, eliciting enthusiastic responses from Chinese netizens. "Finally, it has arrived!" people remarked on the popular Twitter- ...More

EJ Insight2014-01-07

HKTV business plans hit fresh snag

The troubles surrounding the planned TV broadcast business of Hong Kong businessman Ricky Wong Waikay {黃維基} appear to be far from over. After local regulators rejected a free-to-air TV license bid of ...More

EJ Insight2014-01-06

Exit strategies and the Tao of tycoon Li

From his planned sale of supermarket business ParknShop to a series of property selloffs in China, tycoon Li Ka-shing has stirred up confusion and conjecture across Hong Kong and the mainland in the l ...More

EJ Insight2014-01-06

The Big Picture: INTEREST RATE SWAP

Shanghai's Interbank Market Clearing House Co. Ltd. (Shanghai Clearing House) launched on Jan. 2 an interest rate swap clearing service for the Chinese currency, the People's Bank of China (PBoC) said ...More

EJ Insight2014-01-06

WEEKENDER: Xi puts social equity on menu for 2014

President Xi Jinping tried to breathe fresh air in the sociopolitical scene as he bade farewell to 2013 and braced for a set of tough challenges in the next 12 months. Delivering his New Year speech o ...More

EJ Insight2014-01-03

Can Skyworth turn smart TV challenge into opportunity?

One of the key technology market trends to watch out for in China this year is how fast the so-called smart or internet TV segment will grow and whether the new boys on the block will eat the lunch of ...More

EJ Insight2014-01-03

HKEJ Today: Highlights

Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, Jan. 3: TOP STORIES Gold rush in mainland unlikely to sustain A go ...More

EJ Insight2014-01-03

Shanghai FTZ forms task force on financial reform, paper says

The Shanghai free trade zone authority has formed a task force that will launch trial programs on financial reform in the experimental economic area, China Business News reported Thursday, citing an u ...More

EJ Insight2014-01-02

POLICY WATCH: Qingdao to gain from free trade deal with S Korea

China is stepping up negotiations with South Korea on the establishment of a free trade zone, which could provide tremendous boost to the growth momentum of Qingdao in Shandong province. Speaking at a ...More

EJ Insight2014-01-02

Xi to keep China hard and fast on reform path, Xinhua says

President Xi Jinping{習近平} said China will pursue reform, innovation and progress while maintaining stability in 2014, Xinhua reported Wednesday, citing an address Tuesday to the National Committee of ...More

EJ Insight2014-01-01

POLICY WATCH: 'Appropriate' liquidity promised for 2014

Premier Li Keqiang {李克強} has assured that mainland authorities will maintain liquidity at an "appropriate level" in 2014 to support the nation's economic development and upgrade, easing market fears a ...More

EJ Insight2014-01-01

Gaming, tech plays finish as year's big winners

The Hong Kong benchmark Hang Seng Index ended the last trading session for 2013 on a high note, finishing the day 61 points, or 0.26 percent, up at 23,306. That result meant the index ended the year 6 ...More

EJ Insight2013-12-31

Railways, nuclear power to drive export growth, CNS says

Commerce Minister Gao Hucheng {高虎城} said high-tech applications such as high-speed railway and nuclear power will become the new driving forces for China’s export growth, the China News Service report ...More

EJ Insight2013-12-31

The Big Picture: MOUNTING LOCAL DEBT

Local government debts in China amounted to 17.89 trillion yuan (US$2.95 trillion) as of the end of June, with 10.89 trillion yuan of direct debt and 7 trillion yuan of contingent liabilities, the Nat ...More

EJ Insight2013-12-31

Xi to chair economic reform leading group, Politburo says

Chinese President Xi Jinping {習近平} will chair the newly established leading group convened to deepen reforms, according to a report by People.com.cn, citing a decision made by the politburo after a me ...More

EJ Insight2013-12-30

Local debt amounts to 17.89 trn yuan at end-June, NAO says

China's local government debt amounted to 17.89 trillion yuan (US$2.95 trillion), including 10.89 trillion yuan of direct debt and 7 trillion yuan of contingent liabilities, at the end of June, the Na ...More

EJ Insight2013-12-30

Kerry Logistics on complex quest to deliver

For newly listed Kerry Logistics Network (00636.HK), delivering will have to mean much more than moving freight from one place to another. The Hong Kong-based company says it aims to set itself apart ...More

EJ Insight2013-12-30

Chinalco crosses fingers copper rewire can fire up core business

A copper mine in the desolate wilderness of Peru now holds the key to Aluminum Corp. of China's (Chinalco) endeavor to diversify away from the financial quagmire of its electrolytic aluminum business. ...More

EJ Insight2013-12-30

WEEKENDER: Abe shrine visit throws China relations to icy age

More than a year after Japan’s nationalization of the Diaoyu islands (known as Senkaku in Japan) has sent China-Japan ties to the nadir, Japanese Prime Minister Shinzo Abe’s surprise visit to the Yasu ...More

EJ Insight2013-12-27

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