Australia is facing a hard landing, predicted by Dr Andy Xie, renowned Chinese economist. Below is extract from his recent article: A decade ago, some Australian investors came to my office for advice on how to invest in China. I told them to go home and buy shares of Australian companies in the mining industry. Bellwether […]
Tag Archives: Australia economy
Andy Xie, renowned Chinese economist says that Australia could be the next Spain if its property bubbl bursts. He things high foreign net debt and Australia’s dependence on China could tip the country into recession… Here is Andy’s interview at CNBC: Andy Xie 謝國忠, renowned economist based in Shanghai, and former Morgan Stanley Chief Asia-Pacific Economist, […]
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