Hong Kong's unemployment rate fell to 3.9 percent in the August-October period, the lowest level in nine years.
Paul A. Laudicina, managing officer and chairman of the board with US consulting firm AT Kearney, is a frequent visitor to China. In his recent trip to Beijing, he talked to China Daily reporter Liu Baijia about the impact of the messages from the 17th National Congress of the Communist Party on businesses and how multinationals should cope with new changes in China.
A new program allowing bank users to make deposits, withdrawals and transfers at any banking outlet through a universal payment system could be undermined by public reluctance to pay the high fees associated with it.
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