Chinese Economist Andy Xie explained that the Chinese stock market drop is the result of a weak economy in China. In the long run, trying to support the market artificially does not work. Fundamental economic reform is the solution. Watch the video here… Andy Xie Dr Andy Xie 謝國忠, Shanghai-based independent economist, has just been named “ 50 […]
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China, Insights, Media, Speakers
Andy Xie: Reform, Not Monetary Stimulus, is China’s Only Choice to Revive Growth
30
Sep
Sep
Andy Xie shared his insights for SCMP. He says that to revive growth China must step up market reforms to tap its inherent competitiveness, while shutting out calls from vested interests for more monetary stimulus. China’s economy continues on a downward trend. The main reason is the lack of significant reforms to implement the decision […]
Andy Xie, renowned Chinese economist, shared his insights on the “Bubble Economy” in China for CaixinOnline… Bubbles are not just in residential property markets, but also in other areas. He said: While the residential bubble is well known, the commercial side has quickly become a bigger bubble. Most cities have commercial space per capita higher than […]
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