To support the "going global" trend among Chinese companies, the HKU Business School organised the HKU Indonesia Economic Forum in Jakarta last week. Prof. Heiwai Tang, Associate Dean of HKU Business School, discussed the new era of globalization with Indonesian media VOI.

3917 0029
3917 4388
MB 335/ KK 920
As global attention turns to the Trump–Xi meeting on 13 May — the first visit to China by a US president in nearly a decade — Prof. Heiwai Tang, Associate Dean at HKU Business School, shared his insights in an interview with BBC News, offering a nuanced perspective on US–China economic dynamics.
At the 2022 Foundation report launch event for “Hong Kong’s Next Growth Pathway” and an article in Sing Tao Daily, Prof. Heiwai Tang, Associate Dean of HKU Business School, said that if tensions involving Iran persisted through August without resolution, Hong Kong's exports and overall economy could face significant pressure by year-end.
Geopolitics is reshaping the global trade landscape. The old model of free trade is fracturing as nations retreat into protectionism. Yet, amid this shift, China’s economy remains remarkably resilient. The country is shedding its “world’s factory” label and becoming a technological powerhouse.
Under the sustained impact of geopolitical tensions, nations have prioritized security risks in recent years, shifting the global economic landscape from integrated free trade toward fragmentation. Amidst this transformation, China's economy has demonstrated profound resilience, accelerating its transition from the 'world's factory' to a global technology powerhouse.
In light of the escalating tensions in the Middle East and the growing global energy crisis, Prof. Heiwai Tang was recently interviewed by the The New York Times regarding China’s economic resilience amidst potential oil shocks.
In a recent interview with RTHK, Prof. Heiwai Tang, Associate Dean at HKU Business School, stated that the Five-Year Plan plays an important role in driving Hong Kong's economic transformation and diversification.
Prof. Heiwai Tang, Associate Dean of HKU Business School, recently shared his insights with Ta Kung Pao on the need for a formal Five-Year Plan with a 'concrete action list' for Hong Kong. Prof. Tang stated that Hong Kong’s traditional "small government" mindset and reliance on short-term fixes are no longer sufficient to tackle "deep-seated structural challenges" such as housing affordability, an ageing population, wealth disparity, and limited upward mobility for youth.
The newly published Budget shows the Hong Kong Government has reversed recent deficits and achieved a fiscal surplus this year. However, does this signal a sustainable recovery? In a recent interview with TVB’s News Magazine, Prof. Heiwai Tang, Associate Dean of HKU Business School, offered a grounded perspective on the figures.




