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, Michael Spence as Academic Council Chairman, and Andrew Sheng as President. In July 2015, Asia Global Institute was inaugurated at the University of Hong Kong, assuming the mission and operations of its predecessor. In July 2016, Professor Zhiwu Chen, Victor and William Fung Professor in Economics at the University of Hong Kong, was appointed as Asia Global Institute's Director.

Key Milestones

  • August 2011

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

  • August 2011

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

  • May 2012

    The institute launches its inaugural flagship event, AsiaGlobal Dialogue, a premier forum for global thought leaders from academia, business and policy-making to gather in Hong Kong and have dialogues on pressing issues of our time.

  • November 2014

    The institute becomes a founding member of the World Economic Forum’s Think Tank Leaders Forum. 

  • February 2015

    Fung Global Institute and the University of Hong Kong announces the joint establishment of a new think tank within the university to be called Asia Global Institute. FGI provides a HK$100 million endowment.

  • July 2015

    Asia Global Institute at the University of Hong Kong is inaugurated. It assumes the mission and operations of FGI with Victor K. Fung as Advisory Board Chairman and Michael Spence as Academic Council Chairman. 

  • July 2016

    The University of Hong Kong announces the appointment of Professor Zhiwu Chen as Director of Asia Global Institute with effect from July 1, 2016.

  • November 2016

    The institute launches Global Thinkers. The event series features thought leaders from around the world to speak at the University of Hong Kong.

  • December 2016

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

  • August 2017

    The institute welcomes the inaugural cohort of AsiaGlobal Fellows. The program is a global initiative designed to nurture future leaders in public policy.

  • February 2018

    The institute launches AsiaGlobal Online, a digital journal addressing a worldwide audience of policy advisors, policymakers, scholars, and professionals.


    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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