The Business Times

Soon Weilun

emailbtnews@sph.com.sg
People shop for Christmas items at a market in Hong Kong. Analysts told BT they are expecting Hong Kong’s economy to shrink this year, and notch growth of between 1.4 to 3 per cent in 2023.
OUTLOOK 2023

Hong Kong reopens further into an uncertain 2023

HONG KONG’S economy is likely to recover next year from a tumultuous 2022, observers told The Business Times, but the path ahead...

An electronic board shows Shanghai and Shenzhen stock indexes in Shanghai. Cihnese markets could remain volatile in the coming weeks as investors continue to parse what the new leadership has in mind for the economy.

Chinese markets to remain shaky as investors study Xi’s leadership reshuffle

CHINESE markets could remain volatile in the coming weeks as investors – particularly those outside of Asia – continue to parse what...

Hong Kong Chief Executive John Lee speaks to the media before an Executive Council meeting in Hong Kong on September 6, 2022.
NEWS ANALYSIS

HK’s ambitious plans to attract global talent miss the wood for the trees

Observers say lifting Covid-19 restrictions and government execution are key in delivering on city’s chief executive John Lee’s speech

A flight attendant for Cathay Pacific Airways at Hong Kong International Airport.

Businesses call for Hong Kong’s eased Covid-19 measures to be dropped entirely

Travellers are deterred by the new rules, and current steps not enough to reinvigorate the economy

With Chinese President Xi Jinping having previously insisted that China’s zero-Covid policy is correct and effective, to backtrack would be equivalent to admitting that this is no longer the case, said an analyst.

With Xi Jinping expected to remain top leader, China’s zero-Covid policy is here to stay

In mid-October, more than 2,000 Chinese Communist Party members are expected to congregate in Beijing to affirm Xi’s consolidation of power and...

In recent months, the People’s Bank of China has been cutting rates and issuing bonds to encourage banks to lend more. That seemed to have worked in August when credit growth rebounded from a record low in July.

China needs more than fiscal and monetary support to get its economy buzzing again

The country’s central bank and fiscal stimulus can only do so much without compromising its economic stability

China's consumer price index rose 2.5 per cent from a year earlier, the National Bureau of Statistics said on Friday, down from 2.7 per cent gain in July.

China inflation slows, allowing more room for policy easing

Consumer and producer prices have increased at slower-than-expected pace in August as economy weakens amid Covid-19 lockdowns

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