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Le Xia

BBVA Research

Chief Economist

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 Economic Outlook, September 2025

September 25, 2025

As the trade war shock has faded, the recent data surprised the market to the downside as domestic risks take the place of external shock to become the main drag on growth in China.

Big Data techniques used

España | El comercio electrónico: un "clic" no es igual para todos

October 22, 2024

Proyecto conjunto con el FMI para analizar la evolución del comercio electrónico en España a partir del Covid. Se mantiene la tendencia al alza. El impulso de la pandemia fue temporal, con una vuelta a su tendencia una vez se levantaron las restricciones. Importante heterogeneidad por individuos y categorías de consumo.

China | Main takeaways from Government Work Report at “Two Sessions”

May 22, 2020

On May 22th, in the third session of NPC, Premier Li Keqiang delivered the Government Work Report. The report not only summarized the achievements of China in 2019 but also made a blueprint of every perspective of economic and social development for 2020.