Xu Le

Lecturer, Department of Strategy and Policy, National University of Singapore Business School

Xu Le is a lecturer at the Department of Strategy and Policy at the National University of Singapore (NUS) Business School. She is scholar of regional and global economy with over ten years of research and educational experience. She received her PhD in Economics from the University of Manchester and her research interests include microeconomics, macroeconomics and game theory. She serves as the coordinator of the Business Economics specialisation in the department and conducts lectures on strategy of economics, global economy and managerial economics. She has also served as an economic consultant to some business entities in China and has rich knowledge about China’s economy and its business environment. 

People stand in front of an electronic display showing the Hang Seng Index in the Central district of Hong Kong on 26 July 2021. (Isaac Lawrence/AFP)

HK Stock Exchange to benefit from returning US-listed Chinese firms

With the recent tightening of regulations in China and the US, US-listed Chinese companies and those seeking to launch IPOs in the US will be faced with a path of obstacles. To save themselves further headaches and from being embroiled in US-China tensions, will they turn their attention to Hong Kong?
A woman walks past an Alibaba sign outside the company's office in Beijing, China, on 13 April 2021. (Greg Baker/AFP)

Blacklisted and fined: The end of Chinese tech companies' heyday?

In the aftermath of the US$2.8 billion fine imposed on Alibaba, Xu Le reflects that for Alibaba, this is no big shakes as the amount makes up only a small percentage of its revenue. However, in the larger scheme of things, industry players will be saying goodbye to unregulated days of wild growth. They too will have to grit their teeth and get ready for fiercer domestic competition amid a harsh external environment. Will this mean a slowdown in China's tech and internet sectors?
People gather to celebrate the arrival of the New Year near the Bund in Shanghai, China, 31 December 2020. (Aly Song/Reuters)

China expected to continue stellar economic performance in 2021

Despite the challenges of Covid-19, China registered 2.3% growth in 2020, the only major economy to do so. A combination of able pandemic containment efforts, expansion in industrial production and fixed asset investment, as well as prompt measures to help micro, small and medium enterprises brought them to this point. If this positive trajectory continues, China looks set to continue its remarkable rebound in 2021.