Tommy Wu

Tommy Wu

Tommy Wu is a lead economist at Oxford Economics. He covers macroeconomic research and forecasting on mainland China and Hong Kong’s economies. He holds a PhD in economics from Queen’s University, Canada.

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Latest from Tommy Wu

Macroscope | Surprise Shanghai lockdown adds to China’s economic and supply chain fears

The impact of the lockdown on Shanghai itself might not be that great, but it still has significance for the future of China’s approach to Covid-19. Seeing Shanghai’s sophisticated strategy failing could lead those with fewer resources to return to large-scale lockdowns.

The impact of the lockdown on Shanghai itself might not be that great, but it still has significance for the future of China’s approach to Covid-19. Seeing Shanghai’s sophisticated strategy failing could lead those with fewer resources to return to large-scale lockdowns.

30 Mar 2022 - 4:30PM
The View | As the Evergrande saga unravels, China’s property market can expect a further slowdown

Even before Evergrande’s troubles, developers were taking steps to reduce leverage to meet new rules, a tightening of mortgage approvals had dampened housing demand and market concerns over default risks had led to higher financing costs.

Even before Evergrande’s troubles, developers were taking steps to reduce leverage to meet new rules, a tightening of mortgage approvals had dampened housing demand and market concerns over default risks had led to higher financing costs.

7 Oct 2021 - 6:45AM