Andy Xie
Andy Xie
Andy Xieis an independent economist based in Shanghai, and the former Morgan Stanley star chief Asia-Pacific economist famous for his contrarian and provocative views. He left Morgan Stanley abruptly in October 2006 when an internal email that he penned was leaked. He derided Singapore as a money laundering centre for Indonesia, and the ASEAN group of nations as a failure...
currency policy
probably the most appropriate currency policy for China.
balance consumer delicate
There was a delicate balance in consumer confidence. It's tipped over.
delicate doubt growth oil question strongest
There's no question that oil is the strongest headwind for growth now. This is a very delicate moment, no doubt about it.
building containing government learning market officials trust
Government officials are still learning to trust the market mechanism. They are containing inflation, but you're building up more and more distortions in the economy.
growth
If growth in the U.S. slows significantly, all of Asia's exporters will feel it.
boom borrowed chinese due economy excess five growth last rapid slow
The Chinese economy has started to slow due to excess capacity. The rapid investment-led boom of the last five years has borrowed growth from the future.
believe demand dependent evidence financial oil prices profits sector strong trading
The financial sector may have become dependent on the trading profits from oil. As evidence accumulates over weakening demand and strong supply, I believe oil prices could collapse,