President of the Hong Kong Institution for International Finance
Oct 09 , 2019
Over the last four decades, China has integrated into global networks in trade, finance, data, and culture (encompassing social values, religion, and political beliefs). But, as the United States embraces protectionism, continued progress on global integration will require China to adjust its approach.
Aug 28 , 2019
Since China regained sovereignty over Hong Kong on July 1, 1997, the city has prospered economically, but festered politically. Now, one of the world’s ri
Jun 26 , 2019
American multinationals may like the idea of forcing China to alter the policies and practices – from subsidies for state-owned enterprises to the requirement that foreign firms share proprietary technology in exchange for access to the Chinese market – that place them at a competitive disadvantage. But, as US President Donald Trump’s trade war continues to escalate, it is worth asking: What price are these companies really willing to pay?
Apr 26 , 2019
In February, China’s State Council unveiled guidelines for developing the “Greater Bay Area” (GBA), covering nine cities around the Pearl River Delta in Guangdong province, plus Hong Kong and Macau. While the rest of the world remains mired in a seemingly interminable debate over how to achieve inclusive and sustainable growth, China is working to deliver it.
Apr 03 , 2019
In Washington, DC, a bipartisan consensus about China has emerged: the United States is facing a trade-manipulating, authoritarian intellectual-property thief that represents a strategic threat to the US and its allies and deserves to be punished. But the consensus is wrong. In fact, China deserves recognition, if not appreciation, for its achievements.
Feb 25 , 2019
Trade war benefits no one.
Jan 30 , 2019
While excessive freedom for subnational governments can lead to instability, excessive control can choke off the local-level experimentation and competition that has long driven growth in China.
Nov 27 , 2018
In order to reach high-income status, China will need to overcome four challenges.
Oct 31 , 2018
In launching a trade war against China, America is rejecting openness.
Sep 28 , 2018
In light of growing uncertainty toward the neoliberal economic infrastructure, Chinese economic reforms could defuse the tension threatening this system.