Dr Andy Xie , renowned Chinese economist, shared his insights on how the Evergrande debt crisis could force China’s hand on reforming government, in his recent SCMP article. He argued that an Evergrande collapse would be unlikely to bring down China’s financial system, but unresolved problems could still threaten social stability. Bloated government, dependence on […]
Tag Archives: SCMP
Asia, China, Speakers
Dr Andy Xie: Beijing’s ‘common prosperity’ push shows how its China model is taking shape
15
Sep
Sep
In a recent SCMP article, Dr Andy Xie discussed ‘common prosperity’ in China, the future of a socialist market economy and more. Here is an excerpt: The Chinese leadership is talking about common prosperity as a policy driver. This could be a cue for those with great wealth to recycle it back into society, the […]
Asia, China, Speakers
Dr Andy Xie’s insights on the Trojan horse threat behind China’s tutoring and tech crackdown amid US rivalry
19
Aug
Aug
In a recent opinion piece for SCMP, Dr Andy Xie discussed the continuing China-US rivalry, how both industries are becoming more powerful and more. Here are some highlights: Beijing is cracking down on tutoring businesses in its latest move to reshape China’s economy. Internet companies have also been under scrutiny for some time. Many actions fall […]
Asia, China, Speakers
Dr Andy Xie: Inflation is coming, and the world economy’s fate depends on the Fed
07
Jun
Jun
In his recent SCMP article, Dr Andy Xie, renowned Chinese economist, opined that inflation is coming, and the world economy’s fate depends on the Fed. Automation has contained China’s manufacturing costs. But as the property bubble peaks, capital costs could rise. China’s manufacturing may have to raise prices. While the world expects China’s rising costs […]
14
Apr
Apr
In his most recent SCMP article, Dr Andy Xie discussed the property market bubble and why he thinks that China is cooling and not deflating it. Here are some highlights: The property market isn’t liquid like the stock market. The clampdown on liquidity has hit the equity market first, because it is easier to meet […]
Asia, China, Speakers
Dr Andy Xie: Population decline could end China’s civilisation as we know it. When will Beijing wake up to the crisis?
15
Mar
Mar
In a recent SCMP article, Dr Andy Xie talked about population decline and what this means for China’s civilisation. The seeds of the crisis were sown by a development strategy that relied on cheap, plentiful migrant workers to power manufacturing and construction Now, their children don’t want to be like them – they would rather surf […]
Asia, China, Insights, Speakers
Dr Andy Xie: Why the GameStop stock frenzy is likely to end in financial crisis
15
Feb
Feb
In his recent SCMP article, renowned Chinese economist Dr Andy Xie shared insights on the GameStop stock frenzy. The drama unfolding around GameStop is a tale of the internet levelling the playing field between at-home retail investors and Wall Street. The US stock market may become as retail dominated, and as volatile, as the Chinese […]
09
Feb
Feb
Dr Andy Xie, renowned economist, opined that despite the Fed’s best efforts, such asset bubbles cannot be sustained. Could political instability in the US be the shock that deflates the bubbles? A bubble usually ends with a shock, such as an accounting scandal or rising interest rates. So much helicopter money may indeed lead to […]
Asia, China, Speakers
Lijia Zhang: China’s ‘996’ overwork culture show how vulnerable tech workers have become
28
Jan
Jan
Lijia Zhang, author of Socialism is Great, opined that the Chinese government should step in to protect workers, end the 996 regime endemic in tech giants, and stop capitalism in its coldest form from being practised in socialist China. What happened was the invasion of market economy and cold-hearted capitalism. Reforms led China’s labour system […]
Asia, China, Speakers
Dr Andy Xie: China joins other governments in seeking the dark side of big tech. Or has it?
14
Jan
Jan
Dr Andy Xie, renowned economist, in his recent SCMP article, shared that the world is just waking up to the reality that tech businesses want to make money above anything else, like other companies. However, in China, it’s government backing that has allowed tech monopolies to develop and thrive in the first place. Is China […]
Asia, China, Insights, Media, Speakers
Dr Andy Xie: How property-hungry Chinese millennials and shadow banking could fuel a financial crisis
15
Dec
Dec
Millennials in China are borrowing heavily to invest in property, counting on the government to keep property prices buoyant. However, the rise of shadow banking means the government lacks the levers it has historically pulled to prevent a debt crisis. Dr Andy Xie worries that these trends will fuel a financial crisis. One critical element […]
Asia, China, Speakers
Edith Yeung – Insights on Internet Use in China, US-China Trade and Investment and More
07
Dec
Dec
Here is the recent interview of Edith Yeung about internet use in China, US/China trade and investment, and the 2020 China Internet Report which Edith recently released in partnership with the South China Morning Post. Edith Yeung is a general partner at Race Ventures, an early/mid-stage venture capital firm. She has also been an operating […]
Asia, China, Speakers
Dr Andy Xie: How a Joe Biden presidency would offer US-China relations a brief window of hope
04
Nov
Nov
Dr Andy Xie, renowned Chinese economist, opined that if Biden is elected, he will likely roll back tariffs and give China a short respite. To reset ties, however, Beijing needs to offer concrete action on tackling climate change and market reciprocity as a down payment. Here are some highlights: If Biden does win, it would […]
Asia, China, Insights, Media, Speakers
Dr Andy Xie SCMP Article: The real economic reforms China needs to become less dependent on exports
05
Oct
Oct
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 […]
Asia, China, Media, News, Speakers
Dr Andy Xie SCMP article: The US-China technology war is about to burst the tech bubble
14
Sep
Sep
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 […]
Speakers
Andy Xie: Coronavirus lessons for China: prioritise health care and quality of life over economic growth
25
May
May
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 […]
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