Published on 17.01.2012
China's economic growth slows to 8.9% in fourth quarter
China's economy, the world's second-largest, grew at its slowest pace in more than two years, latest government figures show.
Published on 17.01.2012
China's economy, the world's second-largest, grew at its slowest pace in more than two years, latest government figures show.
Published on 14.12.2011
Hong Kong is the world's most developed financial market, according to a World Economic Forum report, overtaking the US and the UK for the first time.
Published on 12.01.2012
Hong Kong has retained its position as the world's freest economy, according to a ranking compiled by the Heritage Foundation, a conservative think tank.
Published on 06.12.2011
Development Partners urge the government to continue implementation of measures to stabilize the economy, initiate reforms to restructure the economy and to reduce poverty. In support of government's reform effort, US$7.39 billion in development assistance was pledged for 2012.
Published on 14.12.2011
Hong Kong SAR overtakes the United States and the United Kingdom to top the World Economic Forum’s fourth annual Financial Development Report. As the first Asian financial centre to achieve this rank, Hong Kong’s position was bolstered by strong scores in non-banking financial services such as IPO activity and insurance.
Published in Hong Kong News on 08.11.2011
The Secretary for Financial Services and the Treasury, Professor K C Chan, signed in Hong Kong today (November 8) an agreement with the Republic of Malta for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income on behalf of the Hong Kong Special Administrative Region Government. The Ambassador of… » read more
Published on 19.11.2011
3 new tax orders for DTA gazetted
Published on 18.11.2011
The middle class, while growing rapidly, remains small and geographically disparate.
The emergence of China as a mass consumption market is a mainstay of any article arguing that the country is on track to become an economic superpower. But it will be decades before the Chinese middle class matches its counterparts in the US and Europe as a consumption force. The middle class, while growing rapidly, remains small and geographically disparate, thus continuing to present challenges to foreign companies seeking to tap growing consumption demand.
Published on 24.07.2011
Hong Kong Airport Authority - Air traffic climb continues
Published on 20.10.2011
Washington, October 20, 2011 — A new report from IFC and the World Bank finds that China advanced the most among countries in the East Asia and the Pacific region in making its regulatory environment more business-friendly over the past six years, and is among the top 15 worldwide.
Published on 28.10.2011
The People’s Republic of China (PRC) celebrated its independence in October. The 2011 celebration coincides with the 100th Anniversary of the Xinhai Revolution, which brought down imperial rule in China, and could potentially be President Hun Jintao’s last National Day celebration before he steps down next year. 2012 will be a crucial year with top… » read more
Published on 10.07.2011
Since 2007, INSEAD eLab is producing the Global Innovation Index (GII), recognizing the key role of innovation as a driver of economic growth and prosperity. The GII acknowledges the need for a broad horizontal vision of innovation that is applicable to both developed and emerging economies, with the inclusion of indicators that go beyond the… » read more
Published on 13.10.2011
Cross-border financial liberalisation in China - not yet the big bang
Published on 27.06.2011
Profits of China's industrial businesses up 28.3% in Jan-July
Published on 23.08.2011
In the second quarter of 2011, initiatives by the Mainland Chinese government to cool the residential property market were still very much in evidence. RMB-deposit reserve rates were raised to a historical high of 21.5% in major financial institutions. In order to suppress inflation, the central bank raised RMB-deposit and loan interest rates of… » read more