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For foreign firms, the challenge is the mainland, not Hong Kong

... ina has a surplus of capital, increasingly sophisticated technology and tens of thousands of people educated and trained abroad. "China is developing its own brands and acquiring many firms overseas. ...More

EJ Insight2016-04-25

China to help coal, steel firms shift capacity abroad

... n tons of surplus coal production, in a bid to tackle huge capacity overhangs that have saddled domestic firms with losses and debts. Authorities said in the statement Thursday that they will speed up ...More

EJ Insight2016-04-22

How Germany views Brexit

... 2015, the surplus from trade with Britain topped 50 billion euros (US$57 billion), with German exports totaling roughly 89 billion euros, or 3 percent of Germany's gross domestic product. Only France ...More

EJ Insight2016-04-20

Scholarism tipped to disband as key members eye Legco elections

... 4, with a surplus of HK$810,000 for the 12-month period. The group also raised HK$1.31 million from a July 1 protest in 2014. – Contact us at [email protected] EL/AC/CG ...More

EJ Insight2016-03-17

China exports down 25.4% on year in Feb; worse than expected

... s a trade surplus of US$32.59 billion in February, the figures released by the General Administration of Customs showed. In yuan-denominated terms, exports fell 20.6 percent in February from a year ea ...More

EJ Insight2016-03-08

Why market talk of Chinese capital flight is exaggerated

... t account surplus of US$293 billion. There was also another US$132 billion in net capital outflows that could not be accounted for; these were recorded in the errors and omissions category in the BoP. ...More

EJ Insight2016-03-07

Opportunities and challenges under the new economic order

... 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

What to do with the big fiscal surplus?

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

Tsang's latest budget has many bright spots

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

PBoC jawboning on exchange rate should calm market

... 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 poised for HK$80.7 bln surplus, says KPMG

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

Why it's perfect timing to introduce carbon tax

...  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

China exports, imports shrink faster than expected

... 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

Drop in China foreign reserves shows stress, not panic

... 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

3 factors hold sway in movements of renminbi this year

... 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

The great escape from China and the renminbi

... 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

China's foreign reserves not enough to defend renminbi

... 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

Chinese economy not fully recovered yet

... 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

Here's what will ultimately decide the fate of China's economy

... 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

Why the China worries may be overblown

... 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

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