Searcher
Le Xia
Le Xia
Chief Economist
China

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

A batch of record-low negative January-February indicators announced today pointed to a significant slowdown in economic activities in Q1 amid the outbreak of COVID-19 in China.
China’s banking sector, particularly small and medium-sized banks, today face a headwind of asset quality deterioration. Revisiting Chinese bank rescues from the early 2000s, we examine how the authorities tackled a severe rise in non-performing loans (NPLs).
Our results based on the foreign reserve decomposition method and the forecasting practice show that the impact of COVID-19 on China, although very large on Q1 and Q2 economic growth, will be quite limited on China’s Balance of Payments, especially the foreign reserve.