Le Xia
BBVA Research - Chief Economist
Dr. Le Xia is Chief Economist for Asia at BBVA Research. He joined BBVA in 2010.
He also serves as a research fellow in International Monetary Institute at Renmin University of China. Prior to joining BBVA Research, Dr. Xia worked for the Treasury Department of Bank of China (Hong Kong). The research fields of Dr. Xia include macroeconomics in Asia economies, financial development in the Asian region and the economic integration between China and other emerging markets.He obtained his PhD from the University of Hong Kong and has a master degree from Renmin University of China.Latest publications
January 20, 2025
China | Will Hong Kong forgo the US currency peg amid the Trump 2.0?
Amid fears of escalating US-China tensions in Trump 2.0, questions about Hong Kong's USD peg have emerged. The HKMA remains committed, supported by strong reserves and political backing. While abandoning the peg is unlikely short-term, external shocks and geopolitical shifts highlight the need for long-term alternatives.
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December 10, 2024
China | How to respond to a new wave of tariffs under Trump 2.0
The report examines China’s potential responses to the new wave of U.S. tariffs under President Trump’s second term (Trump 2.0). It highlights various policy tools that China could use but also acknowledges the significant limitations posed by its ongoing domestic economic challenges.
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