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Li-Gang Liu
Former Chief Economist Greater China, ANZ

About Li-Gang Liu

articles by Li-Gang Liu

30 Oct 2016

One child, two children - what will it mean for China (and cows)

Li-Gang Liu | Former Chief Economist Greater China, ANZ

China's decision to relax its one child policy will inevitably have an impact on China's population and GDP growth. According to ANZ analysis, China will become the largest economy and the second largest consumer market in 2020.

20 Jan 2016

GDP no panacea for China

Li-Gang Liu | Former Chief Economist Greater China, ANZ

China's below forecast (but still impressive) gross domestic product figures are unlikely to still beating hearts in China which will continue to see heightened levels of market anxiety caused by RMB depreciation, capital flight and equity volatility.

07 Jan 2016

May the force be with China

Li-Gang Liu | Former Chief Economist Greater China, ANZ

Disney's "Star Wars: The Force Awakens" premieres in China, the world's second-largest movie market, this weekend and I'll be keeping a close eye on ticket sales.

12 Aug 2015

What’s behind China’s currency devaluation?

Li-Gang Liu | Former Chief Economist Greater China, ANZ

China’s central bank, the People’s Bank of China (PBoC) surprised market by announcing it would use a daily fixing rate method to devalue the Yuan (the Renminbi or RMB). This was an historic decision as it signals a possible shift in short-term economic and financial dynamics across the world economy.

09 Jul 2015

What went wrong with China’s market

Li-Gang Liu | Former Chief Economist Greater China, ANZ

Investor confidence is tumbling in China and with it the county’s share prices driven by what has been in our view a rapid deleveraging process. The saga, which has seen billions of yuan wiped off the market, provides participants and regulators with an invaluable lesson on risk and rational investing.

06 Jul 2015

What to expect from the AIIB

Li-Gang Liu | Former Chief Economist Greater China, ANZ

The Asian Infrastructure Investment Bank passed another milestone in late June when 50 of its 57 founding members signed articles of agreement (AOA) for the institution. So now it is in operational mode, what can we expect from the AIIB?

01 Jun 2015

The west shouldn’t fear the RMB’s next step

Li-Gang Liu | Former Chief Economist Greater China, ANZ

The International Monetary Fund is now conducting a review to consider including the RMB in the basket of Special Drawing Right (SDR) currencies and will make a final decision at the end of the year.

26 Mar 2015

China’s AIIB will change infrastructure finance but won’t replace the World Bank

Li-Gang Liu | Former Chief Economist Greater China, ANZ

The China-led Asian Infrastructure Investment Bank (AIIB) has become a focal point in global media headlines as some key European nations break ranks with the US and join up. Still, given its size and its newcomer status, the AIIB is unlikely to usurp existing organisations like the World Bank in the eyes of the world.

12 Mar 2015

Behind the reform agenda of China's national congress

Li-Gang Liu | Former Chief Economist Greater China, ANZ

China's paramount policy setting confab, the National People's Congress, is in progress and has already delivered some key insights into the shape of the economy. The NPC will carry on into next week and official communications will be closely monitored by the market.

27 May 2014

Chinese consumers’ confidence robust

Li-Gang Liu | Former Chief Economist Greater China, ANZ

Chinese consumers’ confidence robust.