Xiao Yi
Author
Xiao Yi is a China affairs commentator and finance expert with three decades of experience, having worked in China, South Korea, Thailand, and other Southeast Asian nations. He is currently based in London.
LATEST
Pandora’s Retreat From China: The Collapse of a Middle-Class Dream
As Chinese consumers become more cautious with their spending and the middle-class dream fades, Pandora’s empty stores signal the end of a once-hopeful era.
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The Collapse of China’s Luxury Watch Market Points to Shrinking Middle Class
China’s luxury consumers have largely pulled back from flashy, status-driven spending as economic pressures persist.
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From Promise to Collapse: How China’s Community Canteens Exposed the Flaws of the State-Led Model
The Chinese Communist Party’s social and economic campaigns often violate fundamental market principles, which inevitably lead to failure.
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Road Tests Uncover the Reality of China’s Smart Driving Hype
A recent real-world test of autonomous driving systems in China showed that domestic brands are prone to failure in critical safety situations.
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Shupai Yigou Collapse: A Ponzi Scam That Exposed China’s Deeper Fault Lines
Shupai Yigou was not just a Ponzi scheme—it was a system-wide failure, where greed, blind trust, and lax oversight created the perfect storm.
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