Andy Xie Market Quotations

What the market is telling the Tiger economies is that they have too much capital in their tradeable sector relative to their competitiveness.

The answer, I believe, is that there are too many oil traders engaging in oil price speculation. They will likely keep prices up until an oil market collapse. That day is not too far away, I believe,

I think that the soft or hard landing debate is misleading. Financial markets usually have hard landings regardless of how an economy lands.

Government officials are still learning to trust the market mechanism. They are containing inflation, but you're building up more and more distortions in the economy.