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 […]
Tag Archives: global financial crisis
Asia, China, Insights, Media, Speakers
Dr Andy Xie: How the greedy ruling elite failed us, by putting profit before pandemic preparedness
13
Apr
Apr
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 […]
Asia, China, Insights, Media, Speakers
Dr Andy Xie: Three ways the coronavirus could trigger a global financial crisis – and why central bankers are to blame
23
Mar
Mar
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. […]