AsiaGlobal Dialogue
AGD2019
AsiaGlobal Dialogue

Building a Sustainable Framework for a Globalized Economy

November 12 | HONG KONG

The event brought together global thought leaders from academia, business and policymaking to discuss the pressing challenges for global leadership, in sustainable development and technology, and their impact on the future of work, finance and healthcare.

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Program

Welcome Remarks by Professor Zhiwu Chen


Speaker

Zhiwu Chen

Chair Professor of Finance, The University of Hong Kong

Welcome remarks for AGD 2019 were delivered by

- Zhiwu Chen, Director, Asia Global Institute
- Victor K. Fung, Advisory Board Co-Chair, Asia Global Institute 
- Zhang Xiang, President and Vice-Chancellor, The University of Hong Kong and 

Anna Semenova, AsiaGlobal Fellow 2019, was Master of Ceremonies for the event.

Welcome Remarks by Professor Xiang Zhang


Welcome Remarks by Dr. Victor K. Fung


Speaker

Victor K Fung

Chairman, Asia Global Institute

Welcome remarks for AGD 2019 were delivered by

- Zhiwu Chen, Director, Asia Global Institute
- Victor K. Fung, Advisory Board Co-Chair, Asia Global Institute 
- Zhang Xiang, President and Vice-Chancellor, The University of Hong Kong and 

Anna Semenova, AsiaGlobal Fellow 2019, was Master of Ceremonies for the event.

Keynote Address: Building a Durable Framework for a Digital Global Economy by Nobel Laureate Michael Spence


Plenary Dialogue 1: Changing Major Powers Relationship: China's Role in Today's Global Order


Speakers

Suman Bery

Non-Resident Fellow, Bruegel

Non-resident Fellow, Bruegel (Brussels)

Yafei He

Distinguished Professor, Yenching Academy of Peking University

Andrew Sheng

Distinguished Fellow, Asia Global Institute

Ezra F. Vogel

Henry Ford II Professor of the Social Sciences Emeritus, Harvard University

Moderator

Keith Richburg

Director and Professor, Journalism and Media Studies Centre, The University of Hong Kong

Director, Journalism and Media Studies Centre, The University of Hong Kong

Plenary Dialogue 1: Changing Major Powers Relationship: China's Role in Today's Global Order

By purchasing power parity, China is already the world's largest economy. Its power and influence are only set to grow even more in coming decades, challenging US dominance not just in Asia but around the globe. At a time when Washington is turning away from traditional multilateralism, China is building a network of strategic partnerships across the world, taking more assertive foreign policy positions and challenging American technological leadership. What global leadership role is China shaping for itself? How is China shifting the power equation in Asia, particularly in its interactions with "frenemies" India and Japan? And how will China's relationship with the US evolve in the remaining years of Trump and beyond?

- Suman Bery, Non-Resident Fellow, Bruegel (Brussels)
- Yafei He, Distinguished Professor, Yenching Academy of Peking University
- Andrew Sheng, Distinguished Fellow, Asia Global Institute
- Ezra F. Vogel, Henry Ford II Professor of the Social Sciences Emeritus, Harvard University
- Keith Richburg, Director, Journalism and Media Studies Centre, The University of Hong Kong (moderator)

Plenary Dialogue 2: The Future of Work


Speakers

Victor K Fung

Chairman, Asia Global Institute

Rob Johnson

President, Institute for New Economic Thinking

Samuel Palmisano

Chairman, The Center for Global Enterprise

Plenary Dialogue 2: The Future of Work

Fourth Industrial Revolution technology is changing everything about the way we think and work. In the age of artificial intelligence, Big Data and the Internet of Things, all job descriptions must be rewritten. How is the skills landscape shifting - and how will employers be able to close the gaps? In a gig-economy world of constant learning, multi-tasking and automation, how can workers find security and dignity? Is the universal basic income the key to a stable, productive and healthy working life?

- Victor K. Fung, Advisory Board Co-Chair, Asia Global Institute
- Rob Johnson, President, The Institute for New Economic Thinking
- Sam Palmisano, Chairman, The Center for Global Enterprise
- Michael Spence, Advisory Board Co-Chair, Asia Global Institute (moderator)

Luncheon Keynote Address: After Globalization - Regionalization and Asia's Role in the World by Mr. Peter Wong


Speaker

Peter Tung Shun Wong

Deputy Chairman and Chief Executive, HSBC

Luncheon Keynote Address: After Globalization - Regionalization and Asia's Role in the World

- Peter Wong, Deputy Chairman and Chief Executive, The Hong Kong and Shanghai Banking Corporation

Parallel Breakout Sessions 1A - Globalization and Civilization: Understanding Conflict and Cooperation in the Asia Pacific


Speakers

Zhiwu Chen

Chair Professor of Finance, The University of Hong Kong

Yoshikazu Kato

Research Fellow, Rakuten Securities Economic Research Institute

Ananth Krishnan

AsiaGlobal Fellow 2019, Asia Global Institute

Moderator

Alejandro Reyes

Director of Knowledge Dissemination and Adjunct Professor, Asia Global Institute

Parallel Breakout Sessions 1A - Globalization and Civilization: Understanding Conflict and Cooperation in the Asia Pacific

The US-China trade dispute may be a preview of things to come - a high-stakes techno-nationalist battle for strategic influence in the Asia Pacific. It is shaping up to be a clash of civilizations, a collision of different values, some argue. How are power relationships changing in the region, especially with the deepening integration of Southeast Asia and the closer relationships that ASEAN is forging not just with China but with India and Japan? Where are the opportunities for cooperation? Where are the potential points of conflict? Are the forces of populism and nationalism, borne out of growing inequality, driving a decoupling, a new wave of de-globalization?

- Zhiwu Chen, Director, Asia Global Institute
- Yoshikazu Kato, Adjunct Associate Professor, Asia Global Institute
- Ananth Krishnan, Visiting Fellow, Brookings India (AsiaGlobal Fellow 2019)
- Kishore Mahbubani, Distinguished Fellow, Asia Research Institute, National University of Singapore
- Alejandro Reyes, Director of Knowledge Dissemination, Asia Global Institute (moderator)

Parallel Breakout Sessions 1B: Achieving and Financing the Next Stage of Asia's Development


Speakers

Fred Hu

Founder and Chairman, Primavera Capital Group

Julia Leung

Deputy Chief Executive Officer and Executive Director, Intermediaries, Securities and Futures Commission

Laurence SC Li

Senior Counsel

Chairman, Hong Kong Financial Services Development Council

Moderator

Kwok Chuen Kwok

AsiaGlobal Fellows Program Director, Asia Global Institute

Parallel Breakout Sessions 1B: Achieving and Financing the Next Stage of Asia's Development

Asian economies are among the fastest growing in the world. By 2030, two thirds of the global middle class will be living in the region. Demand for infrastructure such as transport, water supply or waste treatment will remain strong and there are concerns whether Asian economies could get enough financing to support all such badly-needed investments. Meanwhile, there is a rapidly increasing realization that green finance is important to ensure investments will help to meet the Sustainable Development Goals (SDGs). What are the key considerations in promoting green finance? What are the opportunities and challenges in financing the needs of the rapidly changing demographics in Asia, including ageing? What role will technology play, either in improving the efficiency and effectiveness of the financial services industry or in promoting financial inclusion?

- Sally Chen, Hong Kong Resident Representative, International Monetary Fund
- Fred Hu, Chairman, Primavera Capital Group
- Julia Leung, Deputy CEO, Securities and Futures Commission, Hong Kong
- Laurence Li, Chairman, Hong Kong Financial Services Development Council
- KC Kwok, AsiaGlobal Fellows Program Director, Asia Global Institute (moderator)

Parallel Breakout Session 2A: The Outlook for Global Trade


Speakers

Vinod Aggarwal

Distinguished Professor and Alann P Bedford Professor of Asian Studies, Travers Department of Political Science, The University of California at Berkeley

Patrick Low

AsiaGlobal Fellows Program Advisor, Asia Global Institute

Visiting Professor, Faculty of Business and Economics, The University of Hong Kong

Mari Pangestu

Managing Director of Development Policy and Partnerships, World Bank

Zhigang Tao

Professor of Economics and Strategy in the Faculty of Business and Economics, The University of Hong Kong

Director of the Institute for China and Global Development, The University of Hong Kong

Moderator

Heribert Dieter

Senior Fellow, German Institute for International and Security Affairs, Berlin

Parallel Breakout Session 2A: The Outlook for Global Trade

The multilateral trading system is in rocky waters. The US-China trade dispute is disrupting supply chains, prompting trade diversification and talk of decoupling. Tariffs have become a geopolitical weapon. The dispute settlement function of the World Trade Organization (WTO) could grind to a halt early next year. Brexit has torn apart what had been the best example of regional integration in the world. In this age of Trump, is the world de-globalizing?

- Vinod Aggarwal, Director of Berkeley Asia Pacific Economic Cooperation Study Center, The University of California at Berkeley
- Patrick Low, Former Chief Economist, World Trade Organization
- Mari Pangestu, Distinguished Fellow, Asia Global Institute
- Zhigang Tao, HSBC Professor in Global Economy and Business Strategy, The University of Hong Kong
- Heribert Dieter, Director of Policy Research, Asia Global Institute (moderator)

Parallel Breakout Sessions 2B: Revolution in Healthcare through Digitalization


Speakers

Jeff Chen

Group Chief Innovation Officer and Head of Capital Markets, Fullerton Health

Barbara Meynert

Advisory Board Member, Asia Global Institute

Husein Reka

AsiaGlobal Fellow 2019, Asia Global Institute

Moderator

Keiji Fukuda

Director and Clinical Professor, School of Public Health, The University of Hong Kong

Parallel Breakout Sessions 2B: Revolution in Healthcare through Digitalization

From the management of medical records to the delivery of treatments, technology is revolutionizing the healthcare sector. But is the revolution making life better for more people and providing higher quality services at a reasonable cost? Are innovations in healthcare bridging health divides and narrowing inequality - or are they creating a world split between fit individuals who can afford the best high-tech solutions that will prolong life and the unfit who settle for painkillers rather than real remedies?

- Jeff Chen, Chief Innovation Officer, Fullerton Health
- Barbara Meynert, Senior Advisor, Fung Group
- Husein Reka, Chief Transformation Officer, Program for Health Assurance and Purchasing, Ministry of Health of Saudi Arabia (AsiaGlobal Fellow 2019)
- Keiji Fukuda, Director, School of Public Health, The University of Hong Kong (moderator)

Closing dialogue: In Conversation with Sam Palmisano and Kishore Mahbubani - moderated by Zhiwu Chen


Speaker

Samuel Palmisano

Chairman, The Center for Global Enterprise

Moderator

Zhiwu Chen

Chair Professor of Finance, The University of Hong Kong

Closing dialogue: In Conversation with Sam Palmisano and Kishore Mahbubani - moderated by Zhiwu Chen

AI and other Industrial Revolution 4.0 technologies will reshape the way people live and work. In this special Global Thinkers session, which will cap the AGD Closing Dialogue, the speakers will explore the implications of technological advances and heightened competition for the global economy, and the evolving international order- the sustainability of US leadership and the impact of China's ascendance.

- Kishore Mahbubani, Distinguished Fellow, Asia Research Institute, National University of Singapore
- Sam Palmisano, Chairman, The Center for Global Enterprise
- Zhiwu Chen, Director, Asia Global Institute (Moderatior)

Speakers

Gallery

Sponsor

Sole Diamond

THE ASIA GLOBAL INSTITUTE

Room 326-348, Main Building
The University of Hong Kong
Pokfulam, Hong Kong

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