19 Aug '11, 10am

Hidden money from Hong Kong undermining China loan curbs: They will provide another 700 billion yuan to 1 trilli...

BEIJING - Chinese companies are borrowing record amounts from Hong Kong's banks as the central government tries to bring the inflation rate down from a three-year high by reducing access to credit. Financial institutions' claims on mainland companies rose four-fold to 1.6 trillion yuan (S$303.4 billion) between mid-2009 and the end of May, Hong Kong Monetary Authority data shows. They will provide another 700 billion yuan to 1 trillion yuan of loans to mainland firms in the second half of 2011, according to Fitch Ratings. The money is not included in the central bank's estimate of total lending in the economy. China's loans fell to their lowest level in a year in July. Chinese policy makers have introduced loan quotas and higher reserve requirements in their bid to curb inflation, which quickened to 6.5 per cent in July. The government is also trying to battle the effects ...

Full article: http://www.todayonline.com/Business/EDC110819-0000779/Hid...

Tweets

The link between money & energy - what this mea...

postcarbon.org 19 Aug '11, 11am

Money has no value unless it can be exchanged for goods and services but these cannot be supplied without the use of some ...

Italian-American Cuisine, Mostaccioli Brothers Central Hong Kong

Italian-American Cuisine, Mostaccioli Brothers ...

xiangcool.com 22 Aug '11, 5am

Serving home-style Italian-American cuisine, the El Grande-owned Mostaccioli Brothers cozily located on SoHo’s Elgin Stree...

Hong Kong journalists protest over Chinese VP v...

channelnewsasia.com 20 Aug '11, 10am

HONG KONG: Hong Kong journalists staged a protest on Saturday over claims of heavy-handed security during Chinese Vice Pre...

Hit show turns Hong Kong's richest into poorest (via ST iPhone App)

Hit show turns Hong Kong's richest into poorest...

straitstimes.com 18 Aug '11, 9am

Michael Tien, a participant in television series 'The Battle of the Poor Rich'. -- PHOTO: AFP HONG KONG (AFP) - Top jewell...

To those who have been asking me about buying c...

clubsnap.com 22 Aug '11, 3am

DOs and DON’Ts when buying camera gears in Hong Kong DO use the shops listed below as a reference but always be careful of...

BONNIE GOKSON'S CAKERY IN HONG KONG

BONNIE GOKSON'S CAKERY IN HONG KONG

keehuachee.blogspot.com 30 Aug '11, 8am

“Everything is made from scratch from premium quality, natural ingredients of the finest produce sourced from all over the...

The Home loan Process

adsighted.com 29 Aug '11, 1am

If you are heading to buy a new house, you should have to deal and assume over quite a few quite a few things. It is not a...

China's premier-in-waiting to visit Hong Kong

China's premier-in-waiting to visit Hong Kong

channelnewsasia.com 15 Aug '11, 10pm

HONG KONG: China's Vice Premier Li Keqiang is to visit Hong Kong on Tuesday as he looks to repair strained ties and showca...

Bluefin Standoff in Hong Kong

seashepherd.org 15 Aug '11, 7pm

Commentary by Gary Stokes – Sea Shepherd Hong Kong Coordinator Click to read article The annual Hong Kong Food Expo, organ...

Money, money, money: — The Malaysian Insider Au...

blog.limkitsiang.com 24 Aug '11, 12pm

— The Malaysian Insider Aug 24, 2011 AUG 24 — When all else fails; when policies flounder; when rumbling from within grows...

Asian shares up on bargain-hunting, China data: HONG KONG: Asian stock markets rose on Tuesday, thanks to bargai...

Asian shares up on bargain-hunting, China data:...

channelnewsasia.com 23 Aug '11, 11am

HONG KONG: Asian stock markets rose on Tuesday, thanks to bargain-hunting and a positive lead from Wall Street, while regi...

QUINTESSENTIALLY'S INAUGURAL ASIA PACIFIC AWARDS IN HONG KONG ON 1 NOVEMBER

QUINTESSENTIALLY'S INAUGURAL ASIA PACIFIC AWARD...

keehuachee.blogspot.com 01 Sep '11, 10am

FOR THE FIRST TIME IN ITS HISTORY, QUINTESSENTIALLY WILL PRESENT ITS INAUGURAL AWARDS FOR ASIA PACIFIC FOR THE BEST PURVEY...

5 Reasons Why Going Solar is About More Than Just Money

5 Reasons Why Going Solar is About More Than Ju...

treehugger.com 22 Aug '11, 5pm

I started musing on this some more having read Erik Frazier's post over at Renewable Energy World on why Return on Investm...

'Red Monkey' stamps fetch record price in Hong ...

straitstimes.com 14 Aug '11, 10am

HONG KONG (AFP) - A highly sought-after rare set of 'Red Monkey' stamps to celebrate the 1980 Year of the Monkey was sold ...