Tag Archives: South China Morning Post

Dr Andy Xie: Why the GameStop stock frenzy is likely to end in financial crisis

Andy Xie

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 […]

Covid-19 market bubbles cannot last

Dr Andy Xie

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 […]

Lijia Zhang: China’s ‘996’ overwork culture show how vulnerable tech workers have become

Lijia Zhang

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 […]

Dr Andy Xie: China joins other governments in seeking the dark side of big tech. Or has it?

Dr Andy Xie

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 […]

Dr Andy Xie: How property-hungry Chinese millennials and shadow banking could fuel a financial crisis

Dr Andy Xie

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 […]

Edith Yeung – Insights on Internet Use in China, US-China Trade and Investment and More

Edith Yeung

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 […]

Dr Andy Xie: How a Joe Biden presidency would offer US-China relations a brief window of hope

Dr Andy Xie

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 […]

Dr Andy Xie SCMP Article: The real economic reforms China needs to become less dependent on exports

Dr Andy Xie

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 […]

Dr Andy Xie SCMP article: The US-China technology war is about to burst the tech bubble

Dr Andy Xie

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 […]

Andy Xie: Coronavirus lessons for China: prioritise health care and quality of life over economic growth

Dr Andy Xie

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 […]

Lijia Zhang: The coronavirus pandemic is nature’s wake-up call to humans who have lost their Way

Lijia Zhang

In her recent opinion piece for SCMP, renowned author and speaker Lijia Zhang shared insights on the coronavirus pandemic, sustainable development and more. Here are a few highlights: The Tao-te Ching says: “Man takes his law from the Earth; the Earth takes its law from Heaven; Heaven takes its law from the Tao. The law […]

Dr Andy Xie: How the greedy ruling elite failed us, by putting profit before pandemic preparedness

Dr Andy Xie

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 […]

Dr Andy Xie: Three ways the coronavirus could trigger a global financial crisis – and why central bankers are to blame

Dr Andy Xie

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. […]

Dr Shirley Yu: Forget the trade war. Beijing’s worst nightmare is a property market collapse, Japan-style

Dr Shirley Yu

In her most recent SCMP article, Dr Shirley Yu shared why she believes that China’s biggest economic risk in 2020 isn’t the trade war but a possible property market collapse. Here are a few highlights: China’s biggest economic risk in 2020 comes from its efforts to deflate the real estate bubble, which is closer to […]

Dr Andy Xie: Hong Kong and Singapore, so similar yet so different – it’s all about housing, money and politics

Dr Andy XIe

Dr Andy Xie 謝國忠, renowned Economist, shared his insights on the recent disturbance in Hong Kong. The most bizarre development in Hong Kong’s real estate market is the rise of nano flats. Hong Kong’s developers increase housing affordability by shrinking size. Even these car-sized flats cost about 10 years’ income. It is amazing to see how […]

Dr Andy Xie: China must draw the right lessons from Japan’s trade war with the US, and develop its technology

Dr Andy Xie

Dr Andy Xie, renowned Chinese economist, shared his insights in his recent article published in SCMP that China must draw the right lessons from Japan’s trade war with the US, and develop its technology. Stagnation hasn’t done Japan in because it started with a high level of average income and a bunch of world-beating industries. […]