Members of a World Health Organisation coronavirus expert investigation group gather in Wuhan last month. Photo: DPA Members of a World Health Organisation coronavirus expert investigation group gather in Wuhan last month. Photo: DPA
Members of a World Health Organisation coronavirus expert investigation group gather in Wuhan last month. Photo: DPA
Andrew Sheng
Opinion

Opinion

Andrew Sheng

The coronavirus is everyone’s problem. Neither markets nor governments can handle this on their own

  • This crisis is truly different. The pandemic has exposed the myth of false binaries – that complex modern problems can be solved by either purist markets or governments. A state-market-civil society cooperation is the only viable way forward

Members of a World Health Organisation coronavirus expert investigation group gather in Wuhan last month. Photo: DPA Members of a World Health Organisation coronavirus expert investigation group gather in Wuhan last month. Photo: DPA
Members of a World Health Organisation coronavirus expert investigation group gather in Wuhan last month. Photo: DPA
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Andrew Sheng

Andrew Sheng

Andrew Sheng is a former central banker and financial regulator, currently distinguished fellow at the Asia Global Institute, University of Hong Kong. He writes widely on Asian perspectives on global issues, with columns in Project Syndicate, Asia News Network and Caijing/Caixin magazines. His latest book is “Shadow Banking in China”, co-authored with Ng Chow Soon, published by Wiley.