Andy Xie: Chinese monetary policy has to be tightened
Xie believes the Chinese economy is in no near-term threat. But he does see problems down the line because of a property bubble. He recommends even more monetary tightening to reduce the ill effects of this bubble.
Xie comments on the U.S. and on Europe as well. The video of his comments runs just under ten minutes.
Andy has been a China bear for decades. While eventually he will be right it is clear that his credibility on the subject is in question.
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