People take part in a “reopen” Pennsylvania demonstration on April 20, 2020 in Harrisburg. The roots of resentment in Trump supporters are complex and signal an anger most non-Americans have difficulty comprehending. Photo: AFP People take part in a “reopen” Pennsylvania demonstration on April 20, 2020 in Harrisburg. The roots of resentment in Trump supporters are complex and signal an anger most non-Americans have difficulty comprehending. Photo: AFP
People take part in a “reopen” Pennsylvania demonstration on April 20, 2020 in Harrisburg. The roots of resentment in Trump supporters are complex and signal an anger most non-Americans have difficulty comprehending. Photo: AFP
Andrew Sheng
Opinion

Opinion

Andrew Sheng

How long can the Democrats hold back America’s far-right tide?

  • The world should hope for the good (healing and prosperity), avoid the bad (a repeat of mistakes from the last financial crisis) and pray against the ugly: a permanent right-wing shift in America

People take part in a “reopen” Pennsylvania demonstration on April 20, 2020 in Harrisburg. The roots of resentment in Trump supporters are complex and signal an anger most non-Americans have difficulty comprehending. Photo: AFP People take part in a “reopen” Pennsylvania demonstration on April 20, 2020 in Harrisburg. The roots of resentment in Trump supporters are complex and signal an anger most non-Americans have difficulty comprehending. Photo: AFP
People take part in a “reopen” Pennsylvania demonstration on April 20, 2020 in Harrisburg. The roots of resentment in Trump supporters are complex and signal an anger most non-Americans have difficulty comprehending. Photo: AFP
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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.