Xiao Geng
Xiao Geng, Director of the IFF Institute, is a professor at the University of Hong Kong and a fellow at its Asia Global Institute.
Xiao Geng, Director of the IFF Institute, is a professor at the University of Hong Kong and a fellow at its Asia Global Institute.
China’s transformation from a manufacturing-driven and export-led economy to one underpinned by services and domestic consumption is firmly underway. And that's good news, not just for China, but also… read more
There is reason to believe that China’s supply-side rebalancing is moving in the right direction. But unless China’s leaders also tackle the challenges posed by market and bureaucratic inefficiencies,… read more
China has lately been facing harsh criticism for its economic management, with many outsiders taking aim at the authorities’ postponement of the much-touted reform of state-owned enterprises. But ther… read more
A spate of recent commentary has been warning of the vertiginous rise in China’s debt, which jumped from 148% of GDP in 2007 to 249% at the end of the third quarter of last year, placing it on par wit… read more
In recent years, unconventional monetary policy has shown that liquidity can be created against global savings, with relatively little impact on inflation, provided there is excess capacity in product… read more
There is growing awareness among policymakers of the risks to the global economy posed by deflation and intensifying financial instability. In mitigating these risks, avoiding a hard landing in China … read more
The current battle over the renminbi’s exchange rate reflects growing tension between the interests of the “financial engineers” (such as the managers of dollar-based hedge funds) and the “real engine… read more
For China, coordinating short-term policies aimed at stabilizing markets with long-term changes to the industrial structure has been no easy feat. One thing is clear: effective communication with mark… read more
The work of the Nobel laureate economist Douglass North, who died last month, goes a long way toward explaining China's dramatic changes over the last three decades, as well as illuminating the challe… read more
