... sting our surplus funds in education, infrastructure and health care, rather than use the money to offer doles to the public, can the quality of life of our citizens be truly improved in the long run. ...More
EJ Insight2016-03-05
Hong Kong now has a cumulative HK$860 billion in fiscal surplus. Given such a big number, the 2016/17 budget has taken into consideration comprehensive and forward-looking factors to prepare the city ...More
EJ Insight2016-02-29
Financial Secretary John Tsang Chun-wah on Wednesday delivered his ninth budget speech. The top finance official has a history of vastly underestimating the city's surplus/deficit. But he has won grea ...More
EJ Insight2016-02-27
... y's trade surplus climbed to a record US$598 billion, and the Consumer Price Index is at the low level of 1.4 percent. * He regards the slowdown in Chinese economic growth as a normal process. China’s ...More
EJ Insight2016-02-23
Hong Kong is poised to record a budget surplus of HK$80.7 billion (US$10.36 billion) in the fiscal year to March. The figure is more than twice the official estimate of HK$36.8 billion, the Hong Kong ...More
EJ Insight2016-02-17
... producer surplus (profits) from oil producers to the treasuries of importing countries, without placing too large or sudden a burden on consumers. In fact, by stabilizing user costs, it would offer s ...More
EJ Insight2016-02-16
... ord trade surplus of US$63.3 billion in January, partly due to soft demand and falling commodities prices, versus US$60.09 billion in December. "Overall, we believe the sharp drop of trade in January ...More
EJ Insight2016-02-15
... r a trade surplus of about US$60 billion in January. The mismatch between an expanding trade surplus and shrinking reserves suggests China’s exporters are choosing to keep their earnings in US dollars ...More
EJ Insight2016-02-15
... d a trade surplus as a result of bigger declines in imports than in exports. Service trade deficits have stemmed from outbound travel and from outbound investment by companies and individuals. The cur ...More
EJ Insight2016-02-10
... ion trade surplus in 2015 should be worried about currency weakness. But a combination of factors, including slowing economic growth and a gradual relaxation of restrictions on investing abroad, has u ...More
EJ Insight2016-02-03
... ion trade surplus in 2015, but its foreign exchange reserves fell by US$513 billion, indicating the huge cost of keeping the renminbi exchange rate stable. The drawing down of the foreign reserves can ...More
EJ Insight2016-01-27
... ion trade surplus in December, higher than estimates. But foreign reserves dropped significantly. Although the December trade figures beat estimates, amid a weak global economy, we remain cautious abo ...More
EJ Insight2016-01-25
... haustible surplus of rural labor willing to migrate to urban areas has largely disappeared, causing wages to rise and the country’s competitive advantage in labor-intensive manufacturing to weaken. Th ...More
EJ Insight2016-01-20
... t account surplus. As of the end of November, China had US$337.7 billion surplus in its current account. Meanwhile, the fiscal deficit accounted for less than 3 percent of the gross domestic product ( ...More
EJ Insight2016-01-13
... y’s trade surplus widened to US$60.1 billion in December from US$54.1 billion in November. Last year’s weak Chinese exports and even weaker imports led to a record US$594.5 billion annual trade surplu ...More
EJ Insight2016-01-13
... plenty of surplus in their external accounts, so their currencies will be stable, giving the central banks enough room to adjust interest rates and support growth. This will be an important theme for ...More
EJ Insight2015-12-25
... op in its surplus which was nearly HK$1.24 billion last year, down from HK$2.5 billion a year earlier and the lowest since 2012 when it was just HK$67 million. Adding to the lower surplus was poor ret ...More
EJ Insight2015-12-23
... the trade surplus and stable economic fundamentals. I hope investors were not misled by Zhou’s remarks, otherwise they may have already incurred losses. This article appeared in the Hong Kong Economic ...More
EJ Insight2015-12-18
... xport its surplus productivity and raise the international status of the renminbi. Following the Gwadar Port development program in Pakistan, the proposed transoceanic railway in South America and the ...More
EJ Insight2015-12-15
... turned to surplus from deficit. But developed economies like the G7 countries became net import countries with deficits in their current accounts. Until 2007, the emerging markets and the developed on ...More
EJ Insight2015-12-14
