Andrew is the company’s lead analyst of the Chinese economy and manages the Gavekal Dragonomics China research team in Beijing. He has lived and worked in China since 1998, and over the course of a long career as an award-winning journalist and analyst has written hundreds of articles on Chinese business, government, economics and society. Before joining Gavekal in 2011, he was the China economics correspondent for The Wall Street Journal. Andrew was born in (and married in) New Orleans, Louisiana, and has a degree in anthropology from Reed College.
A native of Tianjin, Ernan Cui joined Gavekal's Beijing office in 2013 as an analyst mainly covering consumer issues in China. She previously interned at Standard Chartered and Accenture, and was a part-time researcher at the University of Chicago's Beijing Center. Ernan graduated from Renmin University of China with an MA in economics and a double bachelor’s degree in economics and mathematics.
Thomas covers the Chinese corporate universe from our Beijing office. He joined Gavekal in 2012 after graduating with an MBA from Tsinghua University (Beijing) as valedictorian of his class and a Beijing Government, Tsinghua and Volkswagen scholar. He documented this experience as a guest blogger for the Financial Times. Previously, Thomas spent two years as a Research Associate with MWM Consulting in London. He joined JP Morgan's London-based 'structuring and solutions' team in 2006 as a Financial Analyst after graduating with a first-class honours degree in English Literature from Oxford. Thomas received his CFA charter in 2015, and has an MA with distinction in Medieval History from Birkbeck College, University of London.
Tom writes about emerging markets, specializing in China and its role in the world. A former journalist, he has reported from a dozen countries in Asia. He has appeared in the Financial Times, Economist, New York Times, Washington Post and Wall Street Journal, and on the BBC, CNN and CNBC. Tom holds a first-class degree in English Literature from Oxford, a master's degree in Chinese Studies from the School of Oriental and African Studies in London, and spent two years studying Chinese at universities in Beijing. He is the author of two acclaimed books. His first, China’s Urban Billion: The Story Behind the Biggest Migration in Human History, was published in 2012 and translated into Chinese. His second, China’s Asian Dream: Empire Building Along the New Silk Road, was published in 2017. After 14 years in China, Tom now lives in Oxford.
Lance Noble is a Senior Analyst at Gavekal Dragonomics where he produces research reports on major developments in China’s industrial policy, political economy and foreign policy of interest to international corporations, investors and governments. Previously he was Manager for Policy and Communications at The European Union Chamber of Commerce in China where he was the lead analyst for major publications on Chinese industrial policy as well as the Chamber’s media strategy. Prior to that, he was a China-focused analyst for the government of British Columbia, Canada and an independent consultant.
Dan Wang writes about technology. He was born in Yunnan, grew up in Canada (where he was a Royal Canadian Army Cadet), went to high school in the US, and worked in Silicon Valley. His work on China and technology has been quoted by the Financial Times, Bloomberg, the New York Times, the Wall Street Journal, and the Economist. He double-majored in philosophy and economics at the University of Rochester. Dan goes on expeditions of mushroom picking, which he considers an excellent source of lessons for risk/reward tradeoffs. He writes occasional essays on his personal site: danwang.co
Rosealea Yao is a senior analyst in Gavekal's Beijing office. She joined the firm in 2007. Rosealea focuses on the property sector, heavy industries, state owned enterprises, and other structural issues. Previously, she was employed for four years at the Chinese Institute of CPAs in Beijing. Rosealea studied economics at the University of Manchester, where she earned an MSc degree with distinction and graduated from Renmin University in 1999.
Xiaoxi covers the Chinese ﬁnancial system, including banking and capital markets. She joined Gavekal Dragonomics in 2019. She has a BA international ﬁnance from the Central University of Finance and Economics in Beijing, and an MA in applied economics from Cornell University.