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Commentaries by Francis Lui

Francis Lui

Director, Center for Economic Development, HKUST

Francis Lui is the director of the Center for Economic Development at the Hong Kong University of Science and Technology.
  • Sep 15, 2015

    The IMF holds a cautiously optimistic view about the prospects of the Chinese economy, recognizing that the important reason for a slowdown in China’s economy is the change in its development strategy. The services industry is rising, R&D is expanding slowly, and the financial system is modernizing. These changes take time and patience: If China chooses to slow down a little bit, it will be easier for the country to succeed and achieve the long-term goals it has anticipated.

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