Andy Xie, renowned Chinese economist, talked about the debt situation in China, the possible FED rate hike and also the implication of Brexit, economically and politically, in his recent Reuters interview. Andy Xie shared that China’s banks, which are already heavily indebted, will plunge into a crisis of liquidity when the Federal Reserve raises interest rates. […]
Tag Archives: Reuters
Dr Willy Lam, journalist and analyst known for his insights on China’s politics, commented on China’s new leadership for the international news agency Reuters. Willy Lam said Xi Jinping’s appointment as Commander-in-Chief of the armed forces could mean a change in military policy. Well, Xi Jinping has many good friends amongst the generals. So it’s […]
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