Andy Xie, our renowned Chinese economist, shares his insights on the 2013 Global Economy (Presentation in Chinese).
In his presentation, Andy talks about that areas to look at to predict the economy. The impact of the Euro crisis, the US economy, the ageing population, QE3, property market and stock market in China, commodity prices, Australia economy and gold prices etc.
A couple of gists:
- US would very possibly enter a stagflation era
- Property prices in China, esp in 3rd (and 2nd) tier cities, would drop
- Stock market in China would be very fluctuate, only the companies that are really making profits would do good.
- Australian dollar will drop
- Gold price would be stable / continue to rise, until interest rate increases.
Dr Andy Xie 謝國忠 is Shanghai-based independent economist specialising in China and Asia. He is currently director of Rosetta Stone Advisors and of China Boqi Environmental Science and Technology. He is also a guest columnist for the South China Morning Post and New Century Weekly.
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.
Want more insights from Andy? Contact us today to engage him to share his views at your next conference.