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...
entry following growth past strong surprising three
This should not be surprising after the exceptionally strong growth of the past three years, following China's entry into the WTO,
contain financial india interest raise rates
India and Korea, in particular, should raise interest rates to contain financial speculation.
expected less local push quickly
It's slowed less quickly than expected because local governments have been able to push through a lot of projects.
peaceful relations time
Taiwan-China relations will be peaceful for a long time to come,
access allowed became both bypass city economies global large neighbors rest rich stage trying
The two city economies became rich by being the gateways to the rest of the world for their large neighbors. However, globalization has allowed their neighbors to bypass them and access the global stage directly. Both are trying to get back into the game, but in different ways.
adjustment decline either percent prices property recession several slow
Either you have a big adjustment like a 20 percent or 30 percent decline, or you have a big recession or you have a slow decline in property prices or several years of no growth.
capital economies market relative sector telling tiger
What the market is telling the Tiger economies is that they have too much capital in their tradeable sector relative to their competitiveness.
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.
bubble itself plain theory
This is a bubble, plain and simple. Every bubble has a theory about itself and every bubble bursts. There's never been an exception.
boost encourage extremely greater investors lead positive trading volumes
This is an extremely positive step. It's going to significantly boost trading volumes and liquidity, and it will encourage investors to arbitrage in the markets, which will lead to much greater efficiency.
believe china commodity deal develop likely limit step strategy
This is the first step by China to limit commodity prices. We believe China will likely develop a comprehensive strategy to deal with commodity prices.
cannot capacity countries growth increase inflation investment
These countries are still pro-growth. But without investment to increase capacity and keep inflation down, you cannot keep growth going.
currency policy
probably the most appropriate currency policy for China.