15 countries have joined together to sign the Regional Comprehensive Economic Partnership (RCEP) on November 15, 2020. Heiwai Tang, associate director of Asia Global Institute, discusses the main features of RCEP and its regional impacts in his latest article in the Hong Kong Economic Journal.
Zhiwu Chen, director of the Asia Global Institute, shares his views on what the incoming Biden administration could mean for US-China relations and the trend of secondary listings of Chinese companies in Hong Kong at Bloomberg Markets: China Open Full Show.
Asia Global Institute Advisory Board Co-Chair and Nobel Laureate Michael Spence applies his Nobel Prize-winning research to government's trust problem, predicts the pandemic likely effect on climate action, and explains how digital data can boost inclusivity.
2020 has proven to be an exceptionally challenging year and one that is filled with unprecedented uncertainty worldwide. In his interview with The Paper, Zhiwu Chen, director of the Asia Global Institute, discusses governments’ actions to Covid-19 and what the global economy looks like heading into 2021.
While the sudden cancellation of his Ant Group IPO shocked many investors, Ma’s fall from grace had been years in the making. It is not new that the party regulates private financial businesses as this had been explicitly stated in China’s constitution. “But many private businessmen did not take this seriously," Zhiwu Chen, director of the Asia Global Institute, tells the Bloomberg Businessweek. "The recent Ant episode was a wake-up call."
We are deeply saddened by the passing of Ezra F Vogel, Henry Ford II Professor of the Social Sciences Emeritus at Harvard University.
Asia Global Institute Advisory Board Co-Chair and Nobel Laureate Michael Spence and Danny Leipziger consider options to support countries that lack the fiscal capacity to respond forcefully to the crisis.
Speaking at the 9th IFeng Finance Summit, Zhiwu Chen, director of the Asia Global Institute, talked about the ways coronavirus is deepening global inequality.
Chinese overseas lending has fallen sharply amid a reassessment of the Belt and Road Initiative. Zhiwu Chen, director of the Asia Global Institute, tells the Financial Times that the retrenchment in Chinese banks’ overseas lending is part of a bigger picture of China cutting back on outbound investments and focusing more resources domestically.
Wall Street keeps pushing further into China even as Washington continues to raise alarms about Beijing's influence. Zhiwu Chen, director of the Asia Global Institute, comments about future policy directions in his interview with Bloomberg Quint.
On December 7 from 0830 to 2120 (HKT), as the world continues to speculate on the kind of multilateralism we can expect from US president-elect Joe Biden, prominent global leaders will be meeting at the first virtual AsiaGlobal Dialogue to explore the shift “Towards a New Multilateral Global Economy”.
Asia Global Institute Advisory Board Co-Chair and Nobel laureate Michael Spence and David W Brady find deep and consistent partisan divisions in voting patterns at the county level.
To some extent, Hong Kong's economy is affected by the US-China trade war. In this interview with Master Insight, Heiwai Tang, associate director of Asia Global Institute, says to reinvent its economy, Hong Kong will need to reindustrialise and undergo an economic transformation.
As Hong Kong remains enveloped in uncertainty, some see opportunities in refashioning its economic prospects and place in the world. Zhiwu Chen, director of the Asia Global Institute, comments on Hong Kong's economic future in The New York Times.
China has suspended the listing of Ant Group, which was set to become the world’s largest IPO. The ripple effects of the cancelled IPO are many — and mostly worrying. “The message is that no big private businessman will be tolerated on the mainland,” Zhiwu Chen, director of the Asia Global Institute, tells the Financial Times.
Ant Group's initial public offering was suspended in Hong Kong and Shanghai on Tuesday. Zhiwu Chen, director of the Asia Global Institute, tells Financial Times that while private groups such as Ant do not pose the same level of potential financial risk as China’s big banks, they need to be subject to a more systematic regulatory framework.
Asia Global Institute Advisory Board Co-Chair and Nobel Laureate Michael Spence and David W Brady show why Joe Biden is in a far better position - at least in opinion polls - than Hillary Clinton was in 2016.
Ahead of the US presidential election, Zhiwu Chen talks about the challenges facing China on "Who's time", a popular interview series by Caixin. US-China tensions will remain, Chen believes, regardless of the outcome of the election.
In his interview with Voice of America, Zhiwu Chen says that the Trump administration has threatened to limit Chinese firms' access to US markets and it is a wise choice for Ant Group to get listed on the Hong Kong Stock Exchange.
As US-China tensions continue to escalate amid the Covid-19 pandemic and a global trend of deglobalisation, Hong Kong’s role as an economic gateway between mainland China and the rest of the world is likely to shrink in the foreseeable future. In his article in South China Morning Post, Heiwai Tang, associate director of Asia Global Institute, talks about a three-pronged approach for Hong Kong’s third economic transformation and why it must end its reliance on the financial industry.
"The new plans will be much less explicit and not as specific as before, because the Made in China 2025 plan had brought so much trouble for China and helped energize the opposition from the US," Zhiwu Chen, director of the Asia Global Institute, tells Bloomberg.
The Quantitative History Webinar Series, convened by Professor Zhiwu Chen and Dr. Chicheng Ma of The University of Hong Kong, promotes the dissemination of research findings and interdisciplinary use of quantitative methods in historical research. As part of their knowledge dissemination effort, HKU Quantitative History researchers brought public attention to historical research on past pandemics. In this interview with the Financial Times (Chinese), Zhiwu Chen compares Covid-19 to past pandemics and analyzes its long term impact.
"The German government’s new policy guidelines for the Indo-Pacific region appear to be an appropriate recognition of the issues at stake. In reality, Germany continues to shy away from analysing the violations of international law in the South China Sea and developing a political response beyond technical cooperation," says Heribert Dieter, director of policy research at the Asia Global Institute.
In a Financial Times article, Zhiwu Chen, director of the Asia Global Institute, observes that “A Biden administration may make life easier for China in the first year or two, as it will take him some time to undo some of the changes made by the Trump administration, but it may present a tougher challenge to China in the longer-term."
"Whilst the Covid-19 crisis overshadows other issues all over the world, some topics will most probably return once the pandemic will recede. Transatlantic trade is one of those. For years, policy makers on both side of the Atlantic have discussed trade policy, but have failed to reduce concerns," says Heribert Dieter, director of policy research at the Asia Global Institute.