» 10/15/2009, 00.00
Foreign investments in China rise 18.9 per cent in September
Investments reach US$ 7.9 billion as global economic growth shows clear signs of recovery. Europe’s largest bank moves from London to Hong Kong.
17/01/2008 HONG KONG - CHINA
Hong Kong has the "freest" economy in the world
A study by American experts of the prestigious Wall Street Journal give Hong Kong top honours for the fourteenth year in a row. Singapore, Australia, the United States, Switzerland, Great Britain, and Japan are doing well, while the Chinese economy is "mostly unfree".
Heavy losses for the Chinese stock exchanges, including decline in foreign investment
Shanghai -5.8%, -2.6% Hong Kong. The Shanghai Stock Exchange confirms last week’s losses. Experts: The financial world doubts declared recovery in China.
The value of property and financial stocks dropping
Investors are concerned about government moves in these sectors to fight rising inflation. Stakeholders wonder what Beijing will do. Tighter bank lending might cut liquidity to small enterprises, which are the engine of the economy. Experts propose raising salaries to deal with the situation.
27/10/2008 CHINA – HONG KONG
After finding melamine in Chinese eggs, now it is the turn of meat
Hong Kong finds twice the legal limit of melamine in eggs from a Chinese company that also exports to Europe and Japan. Fingers are pointed at the possible use of the substance in animal feeds and pesticides which is then absorbed by the meat and vegetables. The milk scandal widens as health authorities in Beijing discover that one child under the age of three in four was weaned on tainted milk.
26/02/2008 CHINA – HONG KONG – UK
For Miliband democracy means rulers are chosen by the people
Asked by pan-democrats, UK foreign secretary tries to skirt the issue, but does say that a system is democratic if “people choose their own government” and the latter is accountable to them.
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