Le Xia
Le Xia
Chief Economist
Hong Kong

Dr. Le Xia is Chief Economist for Asia at BBVA Research. He joined BBVA in 2010.

He also serves as a research fellow in International Monetary Institute at Renmin University of China. Prior to joining BBVA Research, Dr. Xia worked for the Treasury Department of Bank of China (Hong Kong). The research fields of Dr. Xia include macroeconomics in Asia economies, financial development in the Asian region and the economic integration between China and other emerging markets.

He obtained his PhD from the University of Hong Kong and has a master degree from Renmin University of China.

Latest publications

China has emerged as a global leader in the EV market. Its domestic market sales and exports value show China’s good performance in the sector. China will continue to be one of the top players in the global EV market.
Although bank assets continued to expand in 2022, banks' profitability is weighed by narrowing interest margins amid a challenging operating environment. Asset risks are rising, the risks associated with the property market could exacerbate the debt overhang problem.
In the aftermath of the COVID-19 pandemic, the trend of industry relocation away from China is gaining momentum, at least in certain sectors. By analyzing China’s trade patterns through the lens of the global supply chain, the note attempts to identify the potential winners.