In this recent SCMP article, Dr Andy Xie discusses how the U.S. Federal Reserve’s monetary policies have contributed to a financial crisis akin to an “opioid crisis” in the West. Dr Xie argues that the Fed’s low-interest rates and quantitative easing have created an environment of excessive liquidity, leading to asset bubbles and unsustainable debt […]
Tag Archives: SCMP
Asia, China, Insights, Media, Speaker News
Dr Andy Xie: How China is becoming the Saudi Arabia of renewables
08
Nov
Nov
Dr Andy Xie shares why he thinks that China is becoming the Saudi Arabia of renewables in a recent SCMP article. Here are some highlights: As new energy vehicles and solar power spread around the world, the demand for hydrocarbons is likely to decline outside China. The Global South could bypass fossil fuel-led economic development and jump […]
Asia, China, Insights, Speaker News
Dr Andy Xie: A US$1 trillion property bailout is the last thing China’s economy needs
04
Oct
Oct
In a recent SCMP article, Dr Andy Xie explained why he believed that stimulus right after a deflated bubble risks a debt mire. Here are some highlights: The green transition is China’s greatest opportunity. It can show the world how to meet climate challenges economically, expanding market opportunities for the country and enhancing its global standing. […]
Asia, China, Insights, Speaker News
Andy Xie SCMP Article: US-China trade war could be the death knell for advanced economies
26
Aug
Aug
In a recent SCMP article, Andy Xie opined that as the US steps up support for national industries and expands tariffs on China, its high-income allies could lose their pricing power. Here are some highlights: Restrictions on China’s access to the equipment needed for making chips are perhaps the best illustration. They shrink the market for […]
Asia, China, Insights, Media, News, Speaker News
Dr Andy Xie: China must respond to Biden’s new tariffs with an eye on Europe
03
Jun
Jun
In a recent SCMP article, Dr Andy Xie opined that China has a much better chance of nudging the EU on free trade. Here are some highlights: However, China should not respond to Biden’s tariffs by restricting exports of materials or equipment that the US green tech industry needs. Sure, this would hamper the Inflation […]
27
Apr
Apr
In a recent opinion piece for the South China Morning Post, Dr Andy Xie shared why he believes that business in China must change in order to prosper. Here are some highlights: Chinese consumers are generally in good financial shape. The turn away from pursuing property for speculation can only mean a huge improvement in […]
Asia, China, Speaker News
Lijia Zhang: Why fixing inequality is central to China’s common prosperity goal
11
Mar
Mar
In a recent opinion piece for South China Morning Post, Lijia Zhang shared why she believes dealing with the issue of the China’s wealth inequality is vital to achieving the country’s common prosperity goal. Here are some quotes: The structural flaws inherent in China’s political system – from state-controlled capitalism to corruption – have all […]
Asia, China, Insights, Speaker News
Dr Andy Xie: Why China will focus on technology but muddle through on policy at NPC meeting
01
Mar
Mar
In a recent SCMP article, Dr Andy Xie shared his insights on the upcoming NPC meeting. He believes that the policymakers are likely to continue focusing on tech developments and attempts to make domestic firms the core of supply chain Some quotes: “China has taken the easy path in its development. There are four pieces […]
Asia, China, Insights, Speaker News
Dr Andy Xie SCMP Article: A booming US economy and a Chinese crash? Think again
18
Dec
Dec
In his recent SCMP article, Dr Andy Xie opined that China is using its downturn to deflate bubbles and raise productivity while the US is doing the opposite – feeding the Bernanke bubble and hoping for an AI cure for falling productivity. Therefore, China’s economy is more sustainable than commonly believed. China’s economy has been […]
Asia, China, Insights, Media, News, Speaker News
Dr Andy Xie: The US dollar super bubble may finally be popped – by the Israel-Gaza war
27
Nov
Nov
Dr Andy Xie, economist, shared his insights that the US dollar super bubble may finally be popped, by the Israel-Gaza war, in his recent article in SCMP. Here is an excerpt: The massive distortions in the global monetary system, which drives financial bubbles, come from the yuan-dollar peg. When China adopted the export-led development model […]
18
Sep
Sep
In a recent SCMP article Dr Andy Xie opined that inflation will last for as long as confidence in the US dollar holds and that disinflation in China won’t help to moderate price rises in the rest of the world, as long as the drivers of inflation hold strong. Here are some highlights: The rising paper […]
Asia, China, Insights, Media, News, Speaker News
Dr Andy Xie: Without reforms, China can still afford the time to muddle through its economic problems
24
Jul
Jul
In a recent SCMP article, Dr Andy Xie opined that without reforms, China can still afford the time to muddle through its economic problems. Here is a quick summary and some highlights: China won’t reach for harsh reforms, choosing instead to gently deflate its property bubble and absorb overcapacities as it waits for demand to return […]
Asia, China, Insights, Speaker News
Dr Andy Xie: How the Federal Reserve helped create and burst the FTX crypto bubble
02
Jan
Jan
Dr Andy Xie, renowned economist, shared in his recent SCMP article that the Federal Reserve helped create and burst the FTX crypto bubble. The Federal Reserve’s liquidity tsunami, especially its response to the Covid-19 crisis, supercharged financial bubbles and Ponzi scams. The collapse of the cryptocurrency exchange FTX is just one of many inevitable failures, […]
Speaker News
Dr Andy Xie: Ukraine crisis could spell a drawn-out war that will hit financial speculators hard
04
Apr
Apr
Dr Andy Xie, renowned economist, opined that Ukraine crisis could spell a drawn-out war that will hit financial speculators hard. With no swift resolution to the Ukraine war in sight and a risk of the conflict spreading, markets must wake up to the reality of massive energy and food supply shocks. The likelihood that financial […]
Asia, China, Insights, Speaker News
Dr Andy Xie SCMP Article: How China’s coal crisis exposes the hypocrisy of the West’s carbon footprint
03
Nov
Nov
In a recent SCMP article, Dr Andy Xie discussed China’s coal crisis and the West’s carbon footprint The surging electricity demand is driven by export recovery. China is on pace to increase exports by US$700 billion this year, more than Japan’s total exports. As central banks and governments hand out money to people during the […]
Asia, China, Speaker News
Dr Andy Xie: From towering debt to bitcoin’s boom, why 2021 is the year of living dangerously
23
Jun
Jun
In his most recent SCMP opinion piece, independent economist Dr Andy Xie discussed why 2021 is the year of living dangerously. Vaccination is unshackling major developed economies and money is flowing into real economies, sparking overheating and inflation. This may spell the end of the speculative boom in both traditional financial markets and new products […]