Last quote by Andy Xie
(You cannot just) focus on overcapacity and not focus on the government policy of subsidizing production or the financial system, that is, basically rolling over non-performing loans to make it look like they are still performing.feedback
Jan 03 2017
Andy Xie has been quoted in 1 different article. Most recently, Andy Xie has been quoted saying, “Even though we have a pick-up in production, the currency continues to come under depreciating pressure. This shows that the policy is not good for the economy in the long run.” in an article called China needs to let companies go bust to support the system: Economist. This is only one of 2 quotes from Andy Xie. To see more examples Andy Xie’s views and opinions, check out the section below. You can filter Andy Xie's quotes by date and by topic to see, for example, what Andy Xie said about production recently and in the past.
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Quotes by Andy Xie
Jan 03 2017
Even though we have a pick-up in production, the currency continues to come under depreciating pressure. This shows that the policy is not good for the economy in the long run.feedback
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