Leading Chinese Economist Andy Xie talks in a CNBC interview about why oil prices will stay at about $60 per barrel as China digests overcapacity and uses less energy for development. Watch the video here… Andy Xie Dr Andy Xie 謝國忠, Shanghai-based independent economist, has just been named “ 50 Most Influential Persons in Finance”by Bloomberg, and is […]
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Leading Chinese Economist Andy Xie shared his insights on oil price drop and it’s impact on China. But Andy Xie, the often-contrarian former top Asia-Pacific economist for Morgan Stanley, warned that the massive investment overhang in China, valued at more than $6-trillion, will dramatically affect its energy demand growth, and will, as a result, rein […]
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