Tag Archives: Global Economy

Dr Andy Xie SCMP Article: The real economic reforms China needs to become less dependent on exports

Dr Andy Xie

In a recent SCMP article, Dr Andy Xie discussed China’s slowing economy and the need to implement reforms to become less dependent on exports. To find a way out of China’s political economy dilemma, there needs to be a massive rise in efficiency. If China shifts from small township urbanisation to megacity development, the money can […]

Dr Andy Xie SCMP article: The US-China technology war is about to burst the tech bubble

Dr Andy Xie

In his recent article published in SCMP, Dr Andy Xie, renowned economist, warned that the US-China technology war is about to burst the tech bubble. China is an economy that overinvests, while the US overconsumes: a marriage of convenience allowed these two one-legged individuals to lean on each other and keep their balance. But as […]

Prof George Yip: Trade amid tense relations between China and the U.S.

Prof George Yip

Prof George Yip, Distinguished Visiting Professor at Northeastern University, talked about trade amid tense relations between China and the U.S in his recent CGTN America interview. Watch Prof Yip’s interview here: Prof George Yip is the Professor of Marketing and Strategy, and Associate Dean for Executive Programmes at Imperial College Business School. He has held several academic […]

Prof Nouriel Roubini Warned of a Prolonged Downturn and Sluggish Recovery from the Coronavirus

Nouriel Roubini

Economist Prof Nouriel Roubini has warned of a prolonged downturn and sluggish recovery from the coronavirus in his recent BBC interview. Professor Roubini also said any recovery will be in the shape of what economists call a “U”, or even “something closer to an L” – what he calls a “Greater Depression.” — “These jobs […]

Andy Xie: Coronavirus lessons for China: prioritise health care and quality of life over economic growth

Dr Andy Xie

Dr Andy Xie, renowned economist, in his recent SCMP article, opined that the pandemic has shown that countries with robust health care systems could contain the spread of Covid-19 without a complete shutdown. Instead of the mindless pursuit of debt-fuelled GDP growth, China should focus on revamping its scandal-ridden health care sector. The household deleveraging […]

Dr Andy Xie: How the greedy ruling elite failed us, by putting profit before pandemic preparedness

Dr Andy Xie

In his recent SCMP article, Dr Andy Xie, renowned economist opined that the ruling elite has failed us, by putting profit before pandemic preparedness. The ruling class has been ignoring expert warnings of a pandemic, which resulted in the difficult situation the world is now facing. Ay attempts to align supply chains to health care […]

Dr Andy Xie: Three ways the coronavirus could trigger a global financial crisis – and why central bankers are to blame

Dr Andy Xie

In his most recent SCMP article, Dr Andy Xie details how the coronavirus (COVID-19) could trigger a global financial crisis. Dr Xie talked about the most vulnerable industries: tourism-related companies, commercial real estate sector and residential property market. He also discussed how cutting interest rates will not help these sectors, but it will boost speculation. […]

Michele Wucker: How Hard Will COVID-19 Slam the Global Economy?

Michele Wucker

Michele Wucker, author of Gray Rhino, shared her insights on the impact of COVID-19 on the Global Economy in her recent article published on Linkedin. So far, estimates of the hit that Chinese economic growth will take range from 0.2 to 0.8 percent, depending on whether the outbreak slows as spring arrives and temperatures increase, […]

Andy Xie: Luck may be the only thing standing between the coronavirus and a US stock market crash

Andy Xie

In his recent SCMP article, Andy Xie posited that the slowdown in Chinese manufacturing and ripple effect on global supply chains will hit the global economy hard, even if a recession can be avoided. He further emphasized that if the coronavirus outbreak cannot be contained by summer, a crash worse than the 2008 crisis awaits America’s […]

Dr Andy Xie: With US trade deal, China kicks the can of economic reforms down the road – at greater cost to itself

Dr Andy Xie

Dr Andy Xie believes that the “phase-one trade deal between China and the United States is not substantial enough to stop both economies from decoupling“. He elaborates on this and more in his most recent SCMP article: Buying time with bribes is not a good strategy for China. It kicks the can down the road but at […]

Dr Andy Xie: US-China trade war: both sides have reason to compromise, but their differences remain intractable

Dr Andy Xie

Dr Andy Xie has shared his latest insights on the US-China trade war. He thinks that China has its hands full with pork price inflation and Hong Kong unrest while Trump needs happy investors and farmers ahead of the presidential election. But as long as China can’t commit to structural economic reforms and the US […]

Dr Andy Xie: Can Trump keep the US stock market bubble from popping as the world economy slows?

Dr Andy Xie

In his recent SCMP article Dr Andy Xie shares his insights on the global economic outlook. Dr Xie tackles how the US president has managed to keep the market afloat by offering economic nerves and discusses this in relation to the slowing economy in China (and the world). Here are some salient points: As the […]

Dr Andy Xie: As the trade war reduces China’s US exports, structural reforms – not inflating away debt – are the right response to economic disengagement

Dr Andy Xie

In Dr Andy Xie ‘s recent SCMP article, he argued that as the trade war reduces China’s US exports, structural reforms, not inflating away debt, are the right response to economic disengagement. If China goes back to inflation to solve its debt problem, the resulting erosion of confidence in the renminbi would have a profound […]

Dr Shirley Yu Interviewed by BBC News on the Trump-Xi meeting at G20

Dr Shirley Yu was interviewed by BBC News before the Trump-Xi meeting. She predicted that “there won’t be a trade deal, at best a truce on the additional tariffs. Delay tactics serve both countries’ interests. Trump can afford to go tougher on China after he wins second term of office.” Shirley has been pretty spot on! […]

Dr Andy Xie: RMB may further depreciate to offset the impact of trade war

Andy Xie

In recent media interviews, Dr Andy Xie, renowned Chinese Economist, predicted that the Chinese RMB may further depreciate to offset the impact of the trade war. Click the image below to watch the Dr Xie’s interview: Dr Andy Xie 謝國忠 is a renowned Chinese economist based in Shanghai who has been named one of the “50 Most […]

Prof Ann Lee: Will China’s Economy Collapse?

In her new book, “Will China’s Economy Collapse?” Prof Ann Lee addressed a key question that China watchers and economists have been asking for more than two decades. Prof Lee provides a careful analysis of the strengths and weaknesses of China’s economy and discusses why it could be more resilient…contrary to popular belief. Some other major […]