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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 ongoing geopolitical impact, the increasing importance placed by countries on security risks in recent years has caused the global economic and trade landscape to shift from integrated free trade toward fragmentation. Amid this monumental change, China’s economy has demonstrated strong resilience, expediting its upgrade from the world’s factory to a 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.

Prof. Heiwai Tang, Associate Dean of HKU Business School noted in multiple media interviews that as long as Hong Kong keeps its debt-to-GDP ratio below 20%, financial risks remain manageable. With development progress in the Northern Metropolis lagging expectations, Prof. Tang believes the funding boost is both necessary and timely.

Earlier, Prof. Heiwai Tang, Associate Dean of HKU Business School, was interviewed by HKET and pointed out that SMEs often encounter three major pain points during their global expansion: a shortage of top-tier talent with international experience, capital constraints due to foreign exchange controls that hinder cross-border fund transfers, and the challenge of finding appropriate upstream and downstream partners to restructure their supply chains. In navigating these hurdles, Hong Kong plays a crucial strategic role.