... payments surplus of US$118 billion in 2014 but a deficit of US$66 million in the fourth quarter, only its second quarterly deficit since 1998. Li’s work report also set a target of 10 million new urb ...More
EJ Insight2015-03-05
... consumer surplus provided by the commercialization of many innovations clearly provide large societal gains. But one should not overlook the role of government in these successes. Joint OECD-Eurostat ...More
EJ Insight2015-03-05
... a record surplus of HK$63.8 billion this year had it not been for stronger-than-expected tax receipts in the form stamp duties on property sales and excessive revenues from income and profit taxes. T ...More
EJ Insight2015-03-05
... ly fiscal surplus for the new fund, the Hong Kong Economic Journal reported Tuesday. In related proposals, the government-backed work group has suggested that the government should sell idle housing ...More
EJ Insight2015-03-03
... a fiscal surplus of HK$63.8 billion for fiscal year 2014, and projected another HK$36.8 billion surplus for the new fiscal year. By contrast, Singapore's overall budget balance for fiscal year 2015 i ...More
EJ Insight2015-02-27
... ed fiscal surplus of HK$63.8 billion, this was not the time to lavishly spend, at least not on long-term investments. Hong Kong will face a long-term structural deficit due to an aging population and ...More
EJ Insight2015-02-27
Huge discrepancies between government estimation and the actual amount of budget surplus have become almost a routine feature, and this year's budget is no exception. According to a projection made by ...More
EJ Insight2015-02-27
... ig budget surplus. Admittedly, Tsang appeared friendlier when he doled out HK$6,000 to each adult Hong Kong resident in 2011 after a public outcry. All told, however, he has not been the most generous ...More
EJ Insight2015-02-26
... a year of surplus (the Chinese word for which sounds like the word for fish). But experts say tattooing fish can increase their risk of being infected by bacteria. Dr. Jack Kwan, a biochemist at the U ...More
EJ Insight2015-02-16
... due to a surplus of savings. It is sometimes possible that debt built on borrowed savings could be more susceptible to financial instability than that built on domestic savings. China's debt belongs ...More
EJ Insight2015-02-13
... the trade surplus rising to 10 percent of GDP in 2007, and manufacturing jobs absorbing surplus rural labor. But the flip side of China’s surplus was huge credit-fueled deficits elsewhere, particularl ...More
EJ Insight2015-02-13
... ting on a surplus of HK$60 billion for the current financial year, five times the budgeted amount of HK$9.1 billion, thanks to the profits tax surplus brought forward from the previous financial year ...More
EJ Insight2015-02-12
... despite a surplus in the current account. And funds outstanding for foreign exchange are no longer a source of long-term liquidity since the central bank stopped frequent interventions in the foreign ...More
EJ Insight2015-02-09
... hly trade surplus of US$60 billion. Analysts had expected exports to gain 6.3 percent and the slowdown in imports to ease to 3 percent after a better than expected showing in December. They had also f ...More
EJ Insight2015-02-09
... a primary surplus. But the contraction in government spending has been predictably devastating: 25 percent unemployment, a 22 percent fall in GDP since 2009 and a 35 percent increase in the debt-to-GD ...More
EJ Insight2015-02-04
... ina had a surplus of US$61.1 billion in the current account, which covers trade in goods and services. It had a surplus of US$213.8 billion for all of 2014, according to initial estimates. The figure ...More
EJ Insight2015-02-04
... estimated surplus of HK$60 billion (US$7.74 billion) it is expected to report for the fiscal year to March. The termination of the concession, which has been in place for seven years, is likely to com ...More
EJ Insight2015-01-29
... t account surplus is expected to stay above US$200 billion this year. – Contact us at [email protected] RC ...More
EJ Insight2015-01-28
With ample surplus expected in government coffers, Hong Kong's Financial Secretary John Tsang is considering fresh "giveaways" to the public, possibly through tax refund or rates concession, Sing Tao ...More
EJ Insight2015-01-27
... ry budget surplus – more than 4 percent of GDP – for many years to come. Syriza also plans to demand a substantial reduction in Greece’s foreign debt, the nominal value of which remains very high – cl ...More
EJ Insight2015-01-21
