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Prof. Heiwai Tang is the Victor and William Fung Professor in Economics at the University of Hong Kong (HKU), where he also serves as Director of the Asia Global Institute, Associate Vice President (Global) of the university, and Associate Dean for External Relations at the Business School. Before joining HKU, he was a tenured Associate Professor of International Economics at the School of Advanced International Studies (SAIS) of Johns Hopkins University.
He is affiliated with the Center of Economic Studies and Ifo Institute (CESifo) in Germany, the Asian Bureau of Finance and Economic Research (ABFER) in Singapore, the Kiel Institute for the World Economy in Germany, and the Globalization and Economic Policy (GEP) Center in the U.K. as a research fellow. He has consulted for organizations such as the World Bank, the International Finance Corporation, the United Nations, and the Asian Development Bank. He has also held visiting positions at the International Monetary Fund (IMF), Stanford University, the Massachusetts Institute of Technology (MIT), and Harvard University.
He has previously served as the Managing Editor of the Pacific Economic Review, and as an Associate Editor for the Journal of International Economics, the Journal of Comparative Economics, and the China Economic Review. Since 2021, he has been involved with several public and regulatory bodies in Hong Kong SAR, including the Currency Board Sub-Committee of the Hong Kong Monetary Authority’s Exchange Fund Advisory Committee, the Industry Advisory Committee of the Insurance Authority, the Securities and Futures Appeals Tribunal, the Land and Development Advisory Committee, and the Minimum Wage Commission, among others.
Heiwai holds a Ph.D. in economics from MIT and a Bachelor of Science in mathematics from UCLA. His research interests span a wide range of theoretical and empirical topics in international trade, with a specific focus on production networks, global value chains, and China. His research has been published in leading economics journals, including the American Economic Review and the Journal of International Economics. His research and opinions have been featured in the BBC, Bloomberg, China Daily, CNA, CNN, Financial Times, New York Times, Al Jazeera, Foreign Policy, South China Morning Post, and various think tanks, including the Brookings Institution and the Peterson Institute for International Economics.
Columbia-LBS-HKU EMBA: The New World Order
HKU-PKU DBA: Frontiers in Economics Research
Fudan-HKU IMBA: The New World Order
HKU: Undergraduate Common Core – China in the Global Economy; MBA – Global Economy; Master of Economics – Economic Policy
International Trade, Global Value Chains, Development Economics
The global AI boom is still gaining momentum, and demand for computing hardware is growing rapidly. In this technological revolution, Hong Kong’s import and export sector has successfully seized the opportunities of the times, showing strong growth momentum.
Hong Kong is rolling out its first-ever five-year plan by the end of September. Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of the Asia Global Institute shares with South China Morning Post that Hong Kong should not be the last defender of laissez-faire.
With Hongkongers flocking north to shop, how can Hong Kong’s heritage brands survive? Speaking to Mediacorp’s Focus, Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of the Asia Global Institute, says that Hong Kong’s surging labour costs have left traditional craftsman very limited room for profit.
Multiple media outlets interviewed Prof. Heiwai Tang, Associate Dean of HKU Business School, during the 11th HKU Quarterly Forum on Chinese Economy organised by the HKU Business School’s Institute of China Economy.
In an SCMP interview, Professor Heiwai Tang, Associate Dean of HKU Business School, noted that the northbound spending trend is unlikely to reverse. He said that with mainland operators benefiting from economies of scale, a price war is not sustainable.
Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of the Asia Global Institute, was recently quoted in The New York Times, weighing in on the EU's intensifying scrutiny of Chinese tech giant Nuctech and the rising geopolitical tensions surrounding global trade.
In a recent Bloomberg interview, amid the surge in chip trade between Hong Kong and the Chinese Mainland, Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of the Asia Global Institute, explained that Hong Kong continues to play a role in assuring quality, verifying standards, and protecting intellectual property (IP) for products with high IP content. He also highlighted that the city retains strong institutional advantages.
As Hong Kong prepares to unveil its first five-year plan, the city is entering a new phase of economic growth and structural transformation. In an interview with Wen Wei Po, Professor Heiwai Tang, Associate Dean of HKU Business School, shared his vision for Hong Kong’s next decade.
In an interview with BBC Chinese, Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of the Asia Global Institute explained that today’s global economic environment is fundamentally different from the 1980s. China’s position in global supply chains, its capital controls, and its economic structure mean it cannot be treated as “another Japan” under a copy and paste Plaza Accord.
Hong Kong’s first five-year plan is now open for public consultation. In recent media interviews, Prof. Heiwai Tang, Associate Dean of HKU Business School, shared some insights.
