Andrew Sheng, Distinguished Fellow of the Asia Global Institute at the University of Hong Kong and a member of the UNEP Advisory Council on Sustainable Finance, 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.
Despite current concerns about China's corporate-debt crisis, rapid digitization is transforming the Chinese economy, and elevating its place in the global value chain. But China's ongoing transition … read more
Humanity's growing frustration with embedded systemic problems – from pollution to economic inequality – would demand change in the best of times. At a time when our power of creation – matched by our… read more
July 1 will mark the 20th anniversary of Hong Kong’s return to China, after more than 100 years of British colonial rule. It's an ideal moment to highlight the role of China's "city clusters," particu… read more
Following Chinese President Xi Jinping’s summit with US President Donald Trump earlier this month, it seems that the status quo in the bilateral relationship will be maintained. As the two leaders cop… read more
Letting some of the air out of China's housing bubble, before too much pressure builds up, will require improved management of China’s rapid urbanization. As the city of Foshan has proved, cities have… read more
For more than three decades, Asia has been exporting its savings, through a trade surplus with the US, and re-importing them, in the form of foreign-direct and portfolio investment via New York and Lo… read more
Contrary to Donald Trump's accusations, China has sought to keep the renminbi-dollar exchange rate relatively stable, in the face of strong downward pressure on the renminbi. At a time when US policy … read more
Perhaps the simplest explanation for Donald Trump's unexpected victory in the US presidential election is the most accurate: Trump’s opponents got played. If the rest of the world underestimates him, … read more
Given US President-elect Donald Trump's promises of tax cuts and infrastructure investment, markets are anticipating faster growth in the US. But, by increasing the dollar’s value against most currenc… read more
