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Hong Kong’s economic system expanded by three.9% yr-on-yr in real phrases in the first three quarters of 2017, after growing by 2% in 2016. Thereafter, the two sides broadened and enriched the content of CEPA, and signed ten Supplements between 2004 and 2013, increasing market liberalisation and additional facilitating commerce and investment for the financial co-operation of the two locations. In the latest round of assessment in November 2017, the Government revised its forecast of Hong Kong’s consumer value inflation slightly all the way down to 1.7% for 2017 as a complete, from 1.eight% in the August spherical.

At current, all products of Hong Kong origin, except for a number of prohibited articles, might be imported into the mainland tariff free under CEPA. Saudi Arabia’s Arab Spring, eventually 24 Nov, 2017 06:00 PM ISTIf this virus of an anti-pluralistic, misogynistic Islam that came out of Saudi Arabia in 1979 could be reversed, it will drive moderation across the Muslim world.

A Chinese language has a greater likelihood of getting US visa than an Indian 24 Nov, 2017 02:53 PM ISTVisa refusal rate for India is twice as much as for China. As Wall Road merchants take day without work to enjoy Thanksgiving Day, the Australian share market is anticipated to open slightly lower. Hong Kong is a founding member of the World Commerce Group (WTO) and has been participating actively in its actions.

The Chinese Authorities describes language on the disputed South China Sea within the Australian Authorities’s international coverage White Paper as “irresponsible”, whereas its state media has labelled Australia a “distant propaganda outpost” agitating towards China. Huge lenders together with the Bank of China, Industrial and Commercial Financial institution of China, Agricultural Financial institution of China and China Construction Financial institution have opened their department operations in Hong Kong.

Invest in these ELSS funds to save taxes this 12 months 24 Nov, 2017 01:fifty seven PM ISTThe finest tax-saving choice accessible underneath Section 80C is an Fairness Linked Savings Scheme (ELSS) or tax-saving mutual fund schemes. Hong Kong is the most important supply of overseas direct investment within the Chinese language mainland. Mainland commercial banks including Financial institution of Beijing, Financial institution of Dongguan, China Bohai Financial institution, China Guangfa Financial institution, Hua Xia Bank and Ping An Financial institution have representative workplaces in Hong Kong.