Andrew Sheng

For Andrew Sheng's latest contributions to The Japan Times, see below:

Facing down secular stagnation in China

Aug 18, 2015

Facing down secular stagnation in China

With President Xi Jinping's anti-corruption drive chipping away at the culture of personal gain among Chinese officials, now is the time to press ahead with structural reforms, not back away from them.

Dec 23, 2014

High risks, rewards in Xi's reforms

Only by addressing the weakening of investment-led growth, bureacratic inefficiencies and worsening pollution, and then shifting to an innovation-based, environmentally sustainable growth model, can China continue to prosper and ultimately achieve high-income status.

Oct 28, 2014

Time to end American financial repression

A generation of development economists owe Ronald McKinnon, who died earlier this month, a huge intellectual debt for his insight that governments like the U.S. that engage in free-market rhetoric to channel funds toward themselves hamper financial development.

Aug 26, 2014

Brace for the coming CLASS war

The balkanization of global banking by the U.S.' requiring all foreign banks in the country to become subsidiary companies and international banks with U.S.-dollar clearing accounts to comply to some degree with U.S. foreign policy by refraining from trading with U.S. enemies defines a ...