In Dr Andy Xie ‘s recent SCMP article, he argued that as the trade war reduces China’s US exports, structural reforms, not inflating away debt, are the right response to economic disengagement. If China goes back to inflation to solve its debt problem, the resulting erosion of confidence in the renminbi would have a profound […]
Tag Archives: trade war
Asia, China, Speakers
Dr Andy Xie: China must draw the right lessons from Japan’s trade war with the US, and develop its technology
03
Jul
Jul
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. […]