Andy Xie Quotes, Quotations, and Sayings

10 Famous Quotes by Andy Xie
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“In particular, if another Bush government moves on to Iran, then oil prices would go very high and really threaten China's economic development.”
Miscellaneous Quotes
“[Even developed, energy-efficient economies like Japan and South Korea are feeling oil's bite. Growth in Korea is likely to be at least 20% below what the Ministry of Finance and Economy was targeting at the beginning of the year, economists estimate. In Japan, $60 oil for 12 months could shave half a percent off GDP growth in an economy that had recently begun to perk up, according to Reiji Takeishi, a senior fellow at the Fujitsu Research Institute in Tokyo. The oil-price hikes so far, estimates Morgan Stanley economist Andy Xie, mean the Asia-Pacific region is spending 1.2% more of its total GDP on oil imports than it did last year.] There's no question that oil is the strongest headwind for growth now, ... This is a very delicate moment, no doubt about it.”
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“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.”
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“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.”
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“If only the world remains wedded to free trade, there seems to be nothing to prevent China's export juggernaut from continuing to rumble on.”
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“The opening of Disneyland this year could prolong the boom for another two years.”
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“probably the most appropriate currency policy for China.”
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“Over the next two decades, one of the two deltas will become the pre-eminent leader in China's economy, ... The YRD has the advantage in geography.”
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“Chinese tourism was the factor that kept Hong Kong from recession,”
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“What the market is telling the Tiger economies is that they have too much capital in their tradeable sector relative to their competitiveness.”
Miscellaneous Quotes
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