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China's economic transformation is underway - here's why it's good news for the global economy
Andrew Sheng and Xiao Geng look at the progress of China's economic transformation - and it's implications for the rest of the world.
BSc in Economics. Former central banker, Hong Kong Monetary Authority and Bank Negara Malaysia. Former financial regulator in Asia and commentator on global finance. Former Chairman, Securities and Futures Commission of Hong Kong. 1989-93, with the World Bank. 203-05, Chair, Technical Committee, International Organisation of Securities Commissions. President, Fung Global Institute, responsible for operations and driving research agenda and though leadership. Chief Adviser, China Banking Regulatory Commission; Board Member, Qatar Financial Centre Regulatory Authority, Kazanah Nasional Berhad and Sime Darby Berhad, Malaysia. Member, International Advisory Council, China Investment Corporation, China Development Bank; Member, Advisory Council on Shanghai and International Council, Freie University, Berlin. Adjunct Professor, Graduate School of Economics and Management, Tsinghua University and University of Malaysia. Pro-chancellor, Universiti Tun Abdul Razak. Author of publications on monetary, economic and financial issues, including From Asian to global financial crisis: an Asian regulator's view of unfettered finance in the 1990s and 2000s.
Andrew Sheng and Xiao Geng look at the progress of China's economic transformation - and it's implications for the rest of the world.
Recent commentary has been warning of the vertiginous rise in China’s debt, but the country still has options, write Andrew Sheng and Xiao Geng.
Andrew Sheng and Xiao Geng discuss how the world can escape the debt-deflation trap.
All reserve-currency countries should be responsible for maintaining currency stability, argue Andrew Sheng and Xiao Geng.
As China moves towards a market-driven economy, its economic policies need to become more transparent, write Andrew Sheng and Xiao Geng.