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Nobel laureate in economics: China's new energy shift helps weather global shocks
China's economy has shown strong resilience amid global energy shocks, supported by its energy reserves and growing new energy industry, Nobel laureate in economics Michael Spence said at the 2026 Tsinghua PBCSF Global Finance Forum.
About Michael Spence
Andrew Michael Spence (born November 7, 1943) is a Canadian-American economist and Nobel laureate. Spence is the William R. Berkley Professor in Economics and Business at the Stern School of Business at New York University, and the Philip H. Knight Professor of Management, Emeritus, and Dean, Emeritus, at the Stanford Graduate School of Business. Together with George A. Akerlof and Joseph E.
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