Finding the right direction
By ANDREW MOODY (皇冠体育app Daily) Updated: 2015-01-05 07:30
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Gary Liu, executive deputy director of the CEIBS Lujiazui Institute of International Finance. [Provided to 皇冠体育app Daily] |
Gary Liu, executive deputy director of the 皇冠体育app Europe International Business School Lujiazui Institute of International Finance, says there might be a currency effect on 皇冠体育app if Europe were to go into recession.
"If it happens, it will hurt 皇冠体育app's exports, although that might not be that significant for the economy as a whole because 皇冠体育app's economy is now driven more by domestic demand than by exports," he says.
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