In the Media

US President Donald Trump’s latest tariff hikes have intensified global trade tensions, reflecting the US President’s economic pressure tactics and long-term strategic goals. Professor Zhiwu Chen, Chair Professor of Finance at HKU Business School explained that “Trump sees tariffs as both a strategic tool for domestic restructuring and a bargaining chip in international negotiations.” He further commented that Trump’s approach was not only about restoring America’s past revenue position but also about reshaping the power dynamics shaping global trade. Prof. Chen believes China should stay committed to openness and a rules-based global order. He said, “China should continue to safeguard the authority of international institutions like the UN and WTO, maintain friendly economic ties, and strengthen its domestic resilience.” Looking ahead, Prof. Chen expected global trade to shift towards regional alliances, with increasing fragmentation in global governance.

US President Donald Trump’s latest tariff hikes have intensified global trade tensions, reflecting the US President’s economic pressure tactics and long-term strategic goals. Professor Zhiwu Chen, Chair Professor of Finance at HKU Business School explained that “Trump sees tariffs as both a strategic tool for domestic restructuring and a bargaining chip in international negotiations.” He further commented that Trump’s approach was not only about restoring America’s past revenue position but also about reshaping the power dynamics shaping global trade. Prof. Chen believes China should stay committed to openness and a rules-based global order. He said, “China should continue to safeguard the authority of international institutions like the UN and WTO, maintain friendly economic ties, and strengthen its domestic resilience.” Looking ahead, Prof. Chen expected global trade to shift towards regional alliances, with increasing fragmentation in global governance.

On “Liberation Day”, US President Donald Trump announced a sweeping plan to impose reciprocal tariffs—taxes that exceeded market expectations and triggered immediate shocks across financial markets. According to Yale’s Budget Lab, these tariffs could raise short-term inflation in the US by 2.3%, reduce household spending by an average of US$3,800, and lower the country’s 2025 GDP growth rate by 0.9%. Dr Y.F. Luk, Honorary Associate Professor at HKU Business School, noted that for the Trump administration, tariffs served both as a policy tool and a political signal. While they could generate government revenue, they were unlikely to replace major taxes. Tariffs might drive limited reindustrialisation, but reviving America’s manufacturing golden age remained uncertain. He also commented that Industrial development takes time, and it’s unclear how long the US economy can withstand sustained high tariffs.

US President Donald Trump’s latest tariff hikes have intensified global trade tensions, reflecting the US President’s economic pressure tactics and long-term strategic goals. Professor Zhiwu Chen, Chair Professor of Finance at HKU Business School explained that “Trump sees tariffs as both a strategic tool for domestic restructuring and a bargaining chip in international negotiations.” He further commented that Trump’s approach was not only about restoring America’s past revenue position but also about reshaping the power dynamics shaping global trade. Prof. Chen believes China should stay committed to openness and a rules-based global order. He said, “China should continue to safeguard the authority of international institutions like the UN and WTO, maintain friendly economic ties, and strengthen its domestic resilience.” Looking ahead, Prof. Chen expected global trade to shift towards regional alliances, with increasing fragmentation in global governance.

US President Donald Trump’s latest tariff hikes have intensified global trade tensions, reflecting the US President’s economic pressure tactics and long-term strategic goals. Professor Zhiwu Chen, Chair Professor of Finance at HKU Business School explained that “Trump sees tariffs as both a strategic tool for domestic restructuring and a bargaining chip in international negotiations.” He further commented that Trump’s approach was not only about restoring America’s past revenue position but also about reshaping the power dynamics shaping global trade. Prof. Chen believes China should stay committed to openness and a rules-based global order. He said, “China should continue to safeguard the authority of international institutions like the UN and WTO, maintain friendly economic ties, and strengthen its domestic resilience.” Looking ahead, Prof. Chen expected global trade to shift towards regional alliances, with increasing fragmentation in global governance.

As millions worldwide are addicted to video games, governments and organizations are actively taking measures to curb this trend. Our research suggests that dynamic pricing can help solve the problem of gaming addiction.

After President Donald Trump began his second term, he swiftly escalated the trade war by imposing a 25% import tariff on steel and aluminium products, along with ‘reciprocal tariffs.’ Dr. Jing Li, Deputy Program Director of International Business and Global Management at HKU Business School, said although Trump aimed to attract manufacturing back to the United States, history—such as the 1930 Smoot-Hawley Tariff Act—showed excessive protectionism often backfired, raising import prices, straining supply chains, and increasing uncertainty for businesses and consumers.

Could cryptocurrency mining have become a driving force for carbon reduction in China? As the global cryptocurrency market rapidly expanded, mining evolved into a billion-dollar industry. However, its high energy consumption attracted criticism and was a key reason for the Chinese government’s ban on mining in 2021. Despite this, Prof. Guojun He highlighted that appropriate electricity pricing policies could have enabled mining activities to promote renewable energy development and reduce carbon emissions.

AI image generation is rapidly evolving, driving innovation in marketing, advertising design, and art creation. HKU Business School’s Professor of Innovation and Information Management, Prof. Zhenhui Jack Jiang, along with his research team, recently assessed 22 AI models. They reviewed the performance and potential risks of AI models in image generation.