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Viewpoints on financial culture: Back to basics

The public interest in finance Finance is essentially quite a simple area of activity, at least in terms of its purpose. In any economy, there are those with a surplus of money – for example, the sala ...More

EJ Insight2017-06-05

US-China trade: A tale of two reports

... igh trade surplus for China (and big trade deficit for the US) under US trade reporting rules. One factor the Chinese report cites is what it calls economic globalization, which has resulted in "the t ...More

EJ Insight2017-06-01

US companies sign billions in deals with Vietnam

... rge trade surpluses with the United States, said he would be discussing trade with Phuc, as well as North Korea. Washington has been seeking support for efforts to pressure North Korea to drop its nuc ...More

EJ Insight2017-06-01

Finance and the modern economy

... ilize the surplus money that they have and receive a return for it that, in their opinion, is commensurate with the risks being taken, instead of placing it unproductively and perhaps riskily under th ...More

EJ Insight2017-05-29

US, China reach deals on access for beef, financial services

... a's trade surplus with the US by the end of the year. The US also signaled that it was eager to export more liquefied natural gas (LNG), saying China could negotiate any type of contract, including lo ...More

EJ Insight2017-05-12

Is Germany unbalanced or unhinged?

... t-account surplus. In 2016, Germany ran a current-account surplus of roughly 270 billion euro (US$297 billion), or 8.6 percent of GDP, making it an obvious target of Trump’s ire. And its bilateral tra ...More

EJ Insight2017-05-12

China's April exports, imports rise less than expected

... h a trade surplus of US$38.05 billion for the month, the General Administration of Customs said. Analysts polled by Reuters had expected April shipments from the world's largest exporter to have risen ...More

EJ Insight2017-05-08

Where US manufacturing jobs really went

... a savings-surplus country. As a rich country, the US should be financing industrialization and development around the world, so that emerging countries can purchase US manufacturing exports. Instead, ...More

EJ Insight2017-05-04

New life for the SDR?

... ficit and surplus countries – and thus a gap between actual and potential growth. With the SDR providing a stronger glue at the international monetary system’s core, prudential currency diversificatio ...More

EJ Insight2017-04-25

Will economic illiteracy trigger a trade war?

... t-account surplus countries. Their embrace of economic ignorance could lead to disaster. The current-account balance, measuring the balance of trade in goods, services, net factor income, and transfer ...More

EJ Insight2017-04-21

Democrats ready to filibuster budget

... financial surplus and reserves, the Hong Kong Economic Journal reports. Wu Chi-wai, chairman of the Democratic Party, said government expenditures are unable to help the public share the economic gain ...More

EJ Insight2017-04-13

Trump unlikely to declare China currency manipulator

... t account surplus, a "significant" bilateral trade surplus with the United States, and persistent one-way intervention in foreign exchange markets. The Treasury is required to demand special talks wit ...More

EJ Insight2017-04-06

Why finding a spouse in China is so hard

... lted in a surplus of men. Under the one-child policy, which was abolished just recently, this preference for sons, who parents believe would support them during their old age, led to widespread infant ...More

EJ Insight2017-04-03

Mnuchin’s mission

... a’s trade surplus peaked at 9 percent of GDP in 2007, it adjusted to the receding price competitiveness: it has been less than half that level each year since 2010. In 2014, as the Chinese economy slo ...More

EJ Insight2017-03-23

Why the poor hope and pray John Tsang doesn't win the election

... he fiscal surplus. Six times he cried wolf that the government’s balance sheet would sink into the red, yet that never happened. For instance, in his budget for financial year 2010/11, Tsang warned of ...More

EJ Insight2017-03-22

Europe's Dutch turning point

... ge budget surplus, the new government will also be able to invest much more in both human and physical infrastructure – efforts that the coalition’s main parties have advocated. The authorities are a ...More

EJ Insight2017-03-22

Why Paul Chan's 'underwhelming' budget should get more applause

...  the huge surplus for long-term interests. In fact, Chan has delivered a sensible budget. It has followed the principles of keeping expenditures within the limits of revenues, and committing resources ...More

EJ Insight2017-02-24

HK Budget: Salaries tax break among one-off relief measures

... 8 billion surplus for the 2016-17 financial year, public broadcaster RTHK reports. Among the relief measures, salaries taxes will be slashed by 75 percent, subject to a HK$20,000 cap, for 2016-2017. T ...More

EJ Insight2017-02-22

Putting Asia's savings to work in Asia

For more than three decades, Asia has experienced faster economic growth than any other region in the world. As it has developed, Asia has been exporting its savings, through a trade surplus with the ...More

EJ Insight2017-02-22

Greece, lenders agree to work out new reforms to unlock aid

... rget of a surplus before debt costs of 3.5 percent of GDP from 2018 onwards. The IMF, however, has said the current reforms would only produce a 1.5 percent surplus and that income and labor market re ...More

EJ Insight2017-02-21

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