Asian Perspectives Global Issues



Asia Global Institute is a multidisciplinary think tank co-established by The University of Hong Kong and the Fung Global Institute.

The institute’s mission is to generate and disseminate research and ideas on global issues from Asian perspectives. It aims to inform global policy and actions towards a prosperous and sustainable future for all.


Asia Global Institute's predecessor, Fung Global Institute was established in August 2011 with Victor K. Fung as Board Chairman and Michael Spence as Academic Council Chairman. In July 2015, Asia Global Institute was inaugurated at the University of Hong Kong, assuming the mission and operations of its predecessor. In May 2022, Professor Heiwai Tang has been appointed as Asia Global Institute's Director.

Key Milestones

  • August 2011

    Fung Global Institute, Asia Global Institute’s predecessor, was inaugurated with Victor K Fung as Executive Board Chairman, Michael Spence as Academic Council Chairman and Andrew Sheng as President, with financial support from the Victor and William Fung Foundation.

  • August 2011

    The institute’s office was co-located with the University of Hong Kong’s Faculty of Business and Economics at Cyberport.

  • May 2012

    AsiaGlobal Dialogue, a premier forum for global thought leaders from academia, business and policy-making to have dialogues on pressing issues of our time, was launched.

  • November 2014

    Became a founding member of the World Economic Forum’s Think Tank Leaders Forum. 

  • February 2015

    Fung Global Institute and the University of Hong Kong announced the joint establishment of a new think tank within the university to be called Asia Global Institute. A HK$100 million endowment was provided by Fung Global Institute.

  • July 2015

    Asia Global Institute at the University of Hong Kong was inaugurated, assuming the same mission and operations of FGI with Victor K Fung as Advisory Board Chairman and Michael Spence as Academic Council Chairman.

  • July 2016

    Professor Zhiwu Chen was appointed as Director of Asia Global Institute on July 1, 2016.

  • November 2016

    Global Thinkers, a public outreach program of the Institute that features internationally renowned experts and thought leaders to address pressing global issues of our times, was launched.

  • December 2016

    Victor K Fung and Michael Spence were named Co-Chairs of Asia Global Institute’s Advisory Board.

  • August 2017

    Commencement of the inaugural cohort of the AsiaGlobal Fellows Program, an interdisciplinary global leadership development initiative for mid-career professionals with a strong interest and track record in public policy.

  • February 2018

    AsiaGlobal Online, the go-to website that offers Asian perspectives on global issues through research-based content, was launched.

  • April 2022

    The Asia Pacific Economic Cooperation Study Centre was established.

  • May 2022

    Professor Heiwai Tang has been appointed as Director of Asia Global Institute on May 1, 2022.


    Asia Global Institute focuses on business-relevant research into the profound transformations taking place in the world, particularly in Asia. This research empowers policymakers and business leaders to take innovative, impactful action.

    Publication Archive

    Development of RMB Payments Among Asian Offshore Centers

    Monday, June 29, 2015

    Singapore and Taiwan have emerged as key drivers to the development of offshore centers for China's currency.

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    Working Paper: Can the Chinese Bond Market Facilitate a Globalizing Renminbi?

    Tuesday, May 26, 2015

    This paper explores the prospect for the Chinese bond market as a potential global renminbi (RMB) asset class in the context of the RMB internationalization.

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    China's Evolving Growth Model: The Foshan Story

    Monday, May 11, 2015

    The Foshan Story exemplifies China's reform driven growth model and shows clearly how the necessary institutional changes emerge not only from the "right" state-market balance but from co-operation between the two.

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