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Hong Kong’s economic system expanded by three.9{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} year-on-yr in actual phrases within the first three quarters of 2017, after growing by 2{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} in 2016. RCom-Jio deal: Bada bhai-chhota bhai be part of hands on father’s birthday 28 Dec, 2017 07:05 PM ISTThe disruption attributable to Mukesh Ambani’s Jio pushed Anil’s Reliance Communication to the sting as the sibling rivalry reached a climax. It would significantly reduce the associated fee and time for travellers and for the circulate of products between Hong Kong and the Western PRD, accelerating the economic integration of the PRD and its neighbouring provinces, and rising its competitiveness.

Hong Kong is the largest source of abroad direct funding in the Chinese mainland. Hong Kong is a founding member of the World Commerce Organization (WTO) and has been taking part actively in its actions. At present, all products of Hong Kong origin, aside from a number of prohibited articles, could be imported into the mainland tariff free under CEPA.

The Mainland-Hong Kong Nearer Financial Partnership Association (CEPA) was firstly concluded in 2003. In December 2014, the Settlement between the Mainland and Hong Kong on Reaching Fundamental Liberalisation of Commerce in Companies in Guangdong (Guangdong Agreement) was signed beneath the framework of CEPA, enabling early realisation of fundamental liberalisation of commerce in companies with Hong Kong in Guangdong.

CEOs in US, India earn probably the most compared with average employees 28 Dec, 2017 06:12 PM ISTCEOs of the largest publicly traded US cos averaged $14.three million in annual pay, greater than double that of Canadians and 10 times larger than these in India. The government has additionally introduced the Railway Development Technique 2014, offering a framework for planning the additional expansion of Hong Kong’s railway network as much as 2031 to cowl areas inhabited by about 75{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} of the overall inhabitants and about 85{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} of job opportunities.

Based on China’s Customs statistics, Hong Kong is the second largest trading accomplice of the Chinese language mainland after the US, accounting for eight.3{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} of its total commerce in 2016. How FRDI invoice can save failing banks without touching your deposits 28 Dec, 2017 03:34 PM ISTThe finest method out is to amend the invoice to specifically exclude deposits from the liabilities that the Resolution Company might select for bail-in.