Asia Global Institute

Nobel Laureate Michael Spence on China-US relations, AI and global monetary system

Thursday, May 21, 2026

Nobel Laureate Michael Spence on China-US relations, AI and global monetary system

Michael Spence, Nobel Laureate and AGI Advisory Board Chairman, was interviewed by CGTN at the Global Finance Forum to analyze the current era of "permanent crisis."

The discussion highlighted that while pragmatic yet unconventional US-China dynamics and the ongoing US-Iran conflict continue to challenge global growth, the world remains in a tug-of-war between these geopolitical disruptions and the massive positive potential of rapid AI advancements. Crucially, the interview noted that as the US steps back from multilateralism, eroding trust in the dollar is accelerating a global shift toward a diversified, multi-currency monetary system.

Watch the full interview here

Author

Michael Spence

Advisory Board Chairman, Asia Global Institute

Michael Spence

ASIA GLOBAL INSTITUTE

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

© 2026 Asia Global Institute
All rights reserved.