Chinese Economist Andy Xie opined that the China-US Pact reached in the Apec Summit would be a climate changer for the world. Andy says we all need the United States and China to work together if the world is to unite to tackle global warming and promote free trade.
The Sino-US pact on climate control is a blueprint on how to move the world forward. The two must reach agreement first – to bring the rest of the world along – otherwise, no meaningful change will occur. China and the US may not love each other, but they must work together. After all, they have to live together on this small and fragile planet.
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Dr Andy Xie 謝國忠, Shanghai-based independent economist, has just been named “ 50 Most Influential Persons in Finance”by Bloomberg, and is currently director of Rosetta Stone Advisors.Dr Xie is one of the few economists who has accurately predicted economic bubbles including the 1997 Asian Financial Crisis and the more recent subprime meltdown in the United States. He joined Morgan Stanley in 1997 and was Managing Director and Head of the firm’s Asia/Pacific economics team until 2006. Prior to that he spent two years with Macquarie Bank in Singapore, where he was an associate director in corporate finance. He also spent five years as an economist with the World Bank.
Dr Xie earned a PhD in economics in 1990 and an MS in civil engineering in 1987 from the Massachusetts Institute of Technology.