Avatar Andrew Sheng

Andrew Sheng

Andrew Sheng, President of the Fung Global Institute, is a former chairman of the Hong Kong Securities and Futures Commission, and is currently an adjunct professor at Tsinghua University in Beijing. His latest book is From Asian to Global Financial Crisis.


Commentaries by Andrew Sheng

  • Newsart for The Night-Watchman State’s Last Shift

    The Night-Watchman State’s Last Shift

    HONG KONG – Too often, debate about the relationship between the state and the market casts them as opposing forces locked in a zero-sum str…

  • Newsart for Lending in the Dark

    Lending in the Dark

    HONG KONG – The proliferation of China’s opaque, loosely regulated (or unregulated) shadow-banking system has been raising fears of possible…

  • Newsart for Quitting the Quota

    Quitting the Quota

    HONG KONG – On March 1, China’s State Council announced a new batch of restrictions aimed at reining in property prices by curbing speculati…

  • Newsart for Building a Chinese Rechtsstaat

    Building a Chinese Rechtsstaat

    HONG KONG – A consensus is rapidly emerging within China that the rule of law is the single most important precondition for inclusive, susta…

  • Newsart for China’s Antifragile Ambitions

    China’s Antifragile Ambitions

    HONG KONG – China has once again reached a crossroads on its journey toward inclusive, sustainable prosperity. At the Chinese Communist Part…

  • Newsart for The Sino-American Mirror

    The Sino-American Mirror

    HONG KONG – November was a month of major leadership changes around the world, including Xi Jinping’s confirmation as China’s top official a…

  • Newsart for Micro, Macro, Meso, and Meta Economics

    Micro, Macro, Meso, and Meta Economics

    HONG KONG – Given the crisis weighing down the world economy and financial markets, it is not surprising that a substantive reconsideration …

  • Newsart for China’s Evolving Web

    China’s Evolving Web

    HONG KONG – In a recent article, the economist Axel Leijonhufvud defines the market system as a web of contracts. Because contracts are link…

  • Newsart for China’s Next Transformation

    China’s Next Transformation

    HONG KONG – During three decades of favorable global economic conditions, China created an integrated global production system unprecedented…

Show more

Recent comment received by Andrew Sheng

  • The Night-Watchman State’s Last Shift

    Frank O'Callaghan: States are theoretically expressions of society and the embodiment of the community. In practice they are rarely communal. They are captured by an interest group and used against others. Most perm…

  • The Night-Watchman State’s Last Shift

    PROCYON MUKHERJEE: Completely agree that the question whether Government is Big or Small is an irrelevant one, as long as the government is able to maintain market order through the PRI. In countries where State Capacit…