Quotations
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Andy Xie Quotes
«There's no question that oil is the strongest headwind for growth now. This is a very delicate moment, no doubt about it.»
Author: Andy Xie
«If growth in the U.S. slows significantly, all of Asia's exporters will feel it.»
Author: Andy Xie
«I experienced the effect firsthand on my return flight from London to Hong Kong last weekend. There were three passengers in my cabin -- a 10 percent occupancy rate at best. Hong Kong's restaurants are mostly empty. It is difficult to enjoy a meal with masked waiters tiptoeing around in silence. If you want to frighten people in Hong Kong, just sneeze.»
Author: Andy Xie
«Overseas Chinese control, by my estimate, $2 trillion of liquid assets that can be mobilized instantly to punt on anything from European football games to Shanghai property. This source of money is both the boon and the bane of China's economic development.»
Author: Andy Xie
«Growth rates could decelerate by another 1 percentage point due to further rises in oil prices.»
Author: Andy Xie
«China's investment demand is based on excessive optimism about the future. India depends on capital inflow to fund its consumption-led growth, like a poorer version of the U.S.»
Author: Andy Xie
«China's investment demand is based on excessive optimism about the future. India depends on capital inflow to fund its consumption-led growth, like a poorer version of the US.»
Author: Andy Xie
«When two countries agree to work together, there's no need to pin down details at the highest level. It's different between China and the United States... because it's difficult for these two countries to work together.»
Author: Andy Xie
«If the CNY revaluation story loses steam, Hong Kong's interest rate could rise by over 100 bps soon.»
Author: Andy Xie
«These countries are still pro-growth. But without investment to increase capacity and keep inflation down, you cannot keep growth going.»
Author: Andy Xie