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Trump’s High Tariffs Backfire on the North American Automotive Industry
Trump’s High Tariffs Backfire on the North American Automotive Industry
Dr. Stephen Y CHIU
U.S. President Donald Trump recently announced a significant increase in tariffs on imports from Canada and Mexico, with tariffs on automobiles and auto parts reaching as high as 25%. This move is said to be aimed at promoting the return of manufacturing to the U.S. while reducing the trade deficit. However, in reality, it may trigger a series of profound negative consequences.
12 Mar 2025
Faculty
The Taming of the Data: Shaping a World-Class Analytics Team
The Taming of the Data: Shaping a World-Class Analytics Team
Prof. Yulin FANG
In today's world where big data and artificial intelligence are deeply integrated, data has become the core asset of corporate development. With continuous breakthroughs and widespread applications in AI technology, the value of data has risen to unprecedented heights. Nearly all enterprises are now committed to leveraging data analytics to extract valuable business insights.
5 Mar 2025
Faculty
Will Trump Revalue Gold Reserves to Launch a Sovereign Wealth Fund?
Will Trump Revalue Gold Reserves to Launch a Sovereign Wealth Fund?
Dr. Y. F. LUK
Since Trump took office for a second time, a flurry of policies has emerged, implemented with remarkable speed and decisiveness. In just over a month, the changes have been more significant than those made by any newly appointed head of state, leaving many astonished.
26 Feb 2025
Faculty
The Flying Geese Paradigm 2.0 in the Era of Deglobalization
The Flying Geese Paradigm 2.0 in the Era of Deglobalization
Prof. Heiwai TANG
The "Flying Geese Paradigm," proposed by Japanese economist Kaname Akamatsu in the 1930s, describes the industrial upgrading process of East Asian countries from labor-intensive manufacturing to capital- and technology-intensive industries. According to this theory, Japan, as the "leading goose," was the first to achieve industrialization and stimulated the development of other countries through foreign direct investment. This created a mutually dependent and progressively advancing industrial division of labor in East Asia, resembling the formation of a flying geese flock in the sky. The theory was validated through decades of post-World War II economic practice. Japan's global expansion strategy not only shaped the manufacturing landscape of East Asia but also became a model for the globalization of enterprises in countries such as China and South Korea.
19 Feb 2025
Faculty
DeepSeek vs. OpenAI: Shaping a New Global AI Order
DeepSeek vs. OpenAI: Shaping a New Global AI Order
Dr. Yifei ZHANG
As competition in artificial intelligence (AI) development between the US and China heats up, DeepSeek R1 recently emerged as a serious contender. Challenging OpenAI with DeepSeek’s innovative algorithms and open-source strategy, the Chinese counterpart offers OpenAI’s GPT-4 performance at just 5% of the cost.
12 Feb 2025
Faculty
Tackling Fiscal Deficit: The Pros and Cons of Government Bonds
Tackling Fiscal Deficit: The Pros and Cons of Government Bonds
Prof. Maurice K.S. TSE
Hong Kong is facing with a persistent fiscal deficit, with projections suggesting a staggering shortfall of HK$94.8 billion for the 2024–25 fiscal year. Financial reserves are expected to drop to HK$639.8 billion, largely due to a sluggish real estate market that has significantly reduced land sale revenues. Meanwhile, public spending continues to rise, particularly in healthcare, social welfare, and civil service salaries. To address these challenges, the government has turned to silver and green bonds as a solution for managing the funding issue and the deficit.
6 Feb 2025
Faculty
Cinema Seats vs. Home Couches: How Can Hong Kong Cinemas Win the Battle
Cinema Seats vs. Home Couches: How Can Hong Kong Cinemas Win the Battle
Dr. Tingting FAN
The pandemic has severely impacted cinemas in Hong Kong, with 16 theatres closing their doors. The rapid rise of streaming platforms like Netflix and Disney+ has made it easier for viewers to enjoy films at home, increasing pressure on cinemas. With ticket prices often exceeding over hundred dollar, streaming services offer a wealth of content for a similar cost, drawing many audiences away.
22 Jan 2025
Faculty
The Arrival of the Trump 2.0 Era
The Arrival of the Trump 2.0 Era
Dr. Y. F. LUK
Donald Trump is set to return as President of the United States, ushering in the era of Trump 2.0. His new agenda focuses on tax cuts, reducing trade deficits, and limiting immigration. Trump aims to maintain low tax rates and has proposed a revamped tax structure in his "2025 Plan," which could worsen income inequality. Dr. Luk noted that while Trump's tax policies may stimulate the economy, they could also increase national debt and impact social welfare spending, thereby challenging government operations.
15 Jan 2025
Faculty
Behavioural Economics in Action: Insights from Deadly Industrial Accidents
Behavioural Economics in Action: Insights from Deadly Industrial Accidents
Prof. Wen ZHOU
In the first half of 2024, fatal industrial accidents in Hong Kong increased compared to the previous year. Many of these accidents occur in the construction and manufacturing sectors, often involving hazardous materials and falling objects. Critics argue that the pressure to meet deadlines leads companies to overlook essential safety measures, and that enhancing safety protocols could prevent most accidents.
8 Jan 2025
Faculty
Our Authors
Dr. Chi Pui HO

Dr. Chi Pui HO

Dr. Y. F. LUK

Dr. Y. F. LUK

Dr. Yifei ZHANG

Dr. Yifei ZHANG

Prof. Maurice K.S. TSE

Prof. Maurice K.S. TSE

Prof. Heiwai TANG

Prof. Heiwai TANG

Prof. Yulin FANG

Prof. Yulin FANG

Prof. Xi LI

Prof. Xi LI

Dr. Tingting FAN

Dr. Tingting FAN

Prof. Joseph CHAN

Prof. Joseph CHAN

Dr. Jing LI

Dr. Jing LI

Prof. Guojun HE

Prof. Guojun HE

Dr. Stephen Y CHIU

Dr. Stephen Y CHIU

Prof. Wen ZHOU

Prof. Wen ZHOU

Prof. Shipeng YAN

Prof. Shipeng YAN

Prof. Yanhui WU

Prof. Yanhui WU

Prof. Hong ZOU

Prof. Hong ZOU

Prof. Michael B. WONG

Prof. Michael B. WONG

Prof. Jin LI

Prof. Jin LI

Prof. Yuk-fai FONG

Prof. Yuk-fai FONG

Dr. Xiaoxuan MENG

Dr. Xiaoxuan MENG

Prof. Hongbin CAI

Prof. Hongbin CAI

Dr. Ka-fu WONG

Dr. Ka-fu WONG

Prof. Zhigang TAO

Prof. Zhigang TAO

Prof. Stephen CHING

Prof. Stephen CHING

Dr. Chi Pui HO

Lecturer

HKEJ Column
U.S. monetary policy: 2025 Q2 review and outlook
16 Jul 2025
Analysing Hong Kong’s Overall Economic Situation with Data
21 Aug 2024
Analyzing Hong Kong’s Overall Economic Situation with Data – Part Two
18 Jul 2024
Dr. Y. F. LUK

Honorary Associate Professor

HKEJ Column
The One Big Beautiful Bill Act: Yet Another Policy Blunder
9 Jul 2024
The Trade War and Macroeconomic Identities
21 May 2025
Behind Trump’s Tariff Hammer
9 Apr 2025
Dr. Yifei ZHANG

Senior Lecturer

BEcon/BEcon & Fin Deputy Programme Director and Admissions Tutor

HKEJ Column
Stablecoins: A Trust Anchor in the Sea of Digital Currency
2 Jul 2025
The U.S. Debt Storm and the Reshuffling of Global Finance
23 Apr 2025
DeepSeek vs. OpenAI: Shaping a New Global AI Order
12 Feb 2025
Prof. Maurice K.S. TSE

Associate Professor of Teaching

HKEJ Column
Tug-of-War Between Fraud and Security in the Age of AI
25 Jun 2025
Losers Bear All in the Tariff Gamble
7 May 2025
Clash of Great Powers in the Field of Generative AI
19 Mar 2025
Prof. Heiwai TANG

Associate Dean (External Relations)

Victor and William Fung Professor in Economics

Director, Asia Global Institute

Director, APEC Study Center

Associate Director, Hong Kong Institute of Economics and Business Strategy

HKEJ Column
Four Takeaways from London’s Experiences for Hong Kong’s Economic Transformation
18 Jun 2025
Analyzing the performance of RCEP since its inception
30 Apr 2025
The Flying Geese Paradigm 2.0 in the Era of Deglobalization
19 Feb 2025
Prof. Yulin FANG

Professor

Director, Institute of Digital Economy and Innovation

HKEJ Column
Van Gogh in the Chip: The Impact of Artificial Intelligence on Creative Processes and the Art Market
11 Jun 2025
The Taming of the Data: Shaping a World-Class Analytics Team
5 Mar 2025
Prof. Xi LI

Professor

Director, Asia Case Research Centre

Associate Director, Institute of Digital Economy and Innovation

HKEJ Column
How Can Hong Kong Retailers Survive the Surge of Mainland E-commerce?
4 Jun 2025
Dr. Tingting FAN

Principal Lecturer

MBA GBA Programme Director

HKEJ Column
Hong Kong Tourism IP and Pop Mart: A Lesson from Labubu
28 May 2025
The IP Strategy behind Pop Mart’s Overnight Popularity
16 Apr 2025
Cinema Seats vs. Home Couches: How Can Hong Kong Cinemas Win the Battle
22 Jan 2025
Prof. Joseph CHAN

Associate Director, Centre for Innovation and Entrepreneurship

Associate Professor of Practice

HKEJ Column
Innovation Strategy Common Ground—from Poverty Alleviation to International Web3 Centre
14 May 2025
Dr. Jing LI

Senior Lecturer

BBA (IBGM) Deputy Programme Director and Admissions Tutor

HKEJ Column
Tariff War Intensifies: Navigating Challenges and Opportunities in a Changing Global Economy
2 Apr 2025
Examining the Key Factors Driving the Mainland Economy Behind the Stock Market Frenzy
16 Oct 2024
Exploring the New Directions to Boost Hong Kong’s Tourism
15 May 2024
Prof. Guojun HE

The Hong Kong Jockey Club Professorship in Economics

Professor in Economics

Director, HKU Jockey Club Enterprise Sustainability Global Research Institute

Associate Director, Institute of China Economy

HKEJ Column
Reinstate Crypto Mining to Facilitate China’s Transition to Carbon Neutrality
26 Mar 2025
How Can Corporates Implement ESG Initiatives: A win-win for Society and Economy
13 Nov 2024
How Should Enterprises Respond to the Increasing Risks of Climate Change and Natural Disaster?
7 Aug 2024
Dr. Stephen Y CHIU

Honorary Associate Professor

HKEJ Column
Trump’s High Tariffs Backfire on the North American Automotive Industry
12 Mar 2025
CPI or EPI, or Both?
11 Sep 2024
Behavioural Economics on Risk Aversion and Gambling
24 Apr 2024
Prof. Wen ZHOU

Associate Professor

Associate Director, Asia Case Research Centre

HKEJ Column
Behavioural Economics in Action: Insights from Deadly Industrial Accidents
8 Jan 2025
Did Oil Companies Collude to Set Gasoline Prices in Hong Kong?
10 Apr 2024
How far are we from a nuclear war?
3 Jan 2024
Prof. Shipeng YAN

Assistant Professor

HKEJ Column
Corporate Digital Responsibility in an Aging Society
2 Jan 2025
Is ESG a fad or the future?
24 Jan 2024
Prof. Yanhui WU

Professor

HKEJ Column
With Returns Down, Is It Worth Going Up the Educational Ladder?
14 Aug 2024
Finding Hong Kong’s Place in the World of English
10 Jul 2024
Will the Cross-border Consumption Trend Hollow Out Hong Kong’s Economy?
8 May 2024
Prof. Hong ZOU

Professor

IMBA Programme Director

HKEJ Column
Regulations and Taxation of A-share Market Cash Dividends
3 Jul 2024
China’s A-share Market Embraces the Trend of Paying Cash Dividend
26 Jun 2024
The Potential Effects of China’s Registration-based IPO Reform
31 May 2023
Prof. Michael B. WONG

Assistant Professor

HKEJ Column
A Quick Reform that Eliminates Subdivided Homes in Hong Kong
15 Feb 2024
Prof. Jin LI

Area Head of Management and Strategy

Zhang Yonghong Professor in Economics and Strategy

Professor

HKEJ Column
Concrete Economics: starting from Hirschman’s Exit, Voice, and Loyalty
27 Dec 2023
AI Adoption and Career Concerns
25 Oct 2023
Economic Moat and The Rise and Fall of Companies
23 Nov 2022
Prof. Yuk-fai FONG

Associate Dean (Taught Postgraduate)

Professor

HKEJ Column
Global Collaboration on AI Regulations is Imperative
12 Apr 2023
Opportunities and Developments of Family Office in Hong Kong
8 Feb 2023
From an Economic and Strategic Perspective: The Shared Value Created by ESG
21 Dec 2022
Dr. Xiaoxuan MENG

Research Assistant Professor

HKEJ Column
Global Collaboration on AI Regulations is Imperative
12 Apr 2023
From an Economic and Strategic Perspective: The Shared Value Created by ESG
21 Dec 2022
New Policies Enabled by Programmable Central Bank Digital Currencies
10 Aug 2022
Prof. Hongbin CAI

Dean

Chair of Economics

Director, Institute of China Economy

HKEJ Column
University Enrolment Expansion brings Hong Kong Multiple Advantages
5 Apr 2023
Reaffirming Our Faith in the Hong Kong Economy
9 Nov 2022
Promoting Hong Kong’s Level of Internationalisation to New Heights
8 Jun 2022
Dr. Ka-fu WONG

Principal Lecturer

HKEJ Column
Making Idle Sports Facilities at Schools Available For Public Use
6 Jul 2022
To Reduce Traffic Congestion with Private Vehicle Quota System
6 Apr 2022
To Balance the Supply and Demand of Parking Space via Technologies and Big Data
2 Mar 2022
Prof. Zhigang TAO

Chair of Economics and Strategy

HSBC Professor in Global Economy and Business Strategy

HKEJ Column
Strategies for Hong Kong invested manufacturers
25 Aug 2021
New career opportunities for Hong Kong youths under the dual circulation strategy
10 Feb 2021
An imminent transformation and upgrading of Hong Kong’s economy
9 Sep 2020
Prof. Stephen CHING

Associate Professor

HKEJ Column
Examining vaccination schemes from behavioural economics
30 Dec 2020
Capitalisation of property taxes
21 Oct 2020
Reform property rates to play down the importance of keeping land prices high
19 Aug 2020
Our Authors
Dr. Chi Pui HO

Dr. Chi Pui HO

Dr. Y. F. LUK

Dr. Y. F. LUK

Dr. Yifei ZHANG

Dr. Yifei ZHANG

Prof. Maurice K.S. TSE

Prof. Maurice K.S. TSE

Prof. Heiwai TANG

Prof. Heiwai TANG

Prof. Yulin FANG

Prof. Yulin FANG

Prof. Xi LI

Prof. Xi LI

Dr. Tingting FAN

Dr. Tingting FAN

Prof. Joseph CHAN

Prof. Joseph CHAN

Dr. Jing LI

Dr. Jing LI

Prof. Guojun HE

Prof. Guojun HE

Dr. Stephen Y CHIU

Dr. Stephen Y CHIU

Prof. Wen ZHOU

Prof. Wen ZHOU

Prof. Shipeng YAN

Prof. Shipeng YAN

Prof. Yanhui WU

Prof. Yanhui WU

Prof. Hong ZOU

Prof. Hong ZOU

Prof. Michael B. WONG

Prof. Michael B. WONG

Prof. Jin LI

Prof. Jin LI

Prof. Yuk-fai FONG

Prof. Yuk-fai FONG

Dr. Xiaoxuan MENG

Dr. Xiaoxuan MENG

Prof. Hongbin CAI

Prof. Hongbin CAI

Dr. Ka-fu WONG

Dr. Ka-fu WONG

Prof. Zhigang TAO

Prof. Zhigang TAO

Prof. Stephen CHING

Prof. Stephen CHING

Dr. Chi Pui HO

Lecturer

HKEJ Column
U.S. monetary policy: 2025 Q2 review and outlook
16 Jul 2025
Analysing Hong Kong’s Overall Economic Situation with Data
21 Aug 2024
Analyzing Hong Kong’s Overall Economic Situation with Data – Part Two
18 Jul 2024
Dr. Y. F. LUK

Honorary Associate Professor

HKEJ Column
The One Big Beautiful Bill Act: Yet Another Policy Blunder
9 Jul 2024
The Trade War and Macroeconomic Identities
21 May 2025
Behind Trump’s Tariff Hammer
9 Apr 2025
Dr. Yifei ZHANG

Senior Lecturer

BEcon/BEcon & Fin Deputy Programme Director and Admissions Tutor

HKEJ Column
Stablecoins: A Trust Anchor in the Sea of Digital Currency
2 Jul 2025
The U.S. Debt Storm and the Reshuffling of Global Finance
23 Apr 2025
DeepSeek vs. OpenAI: Shaping a New Global AI Order
12 Feb 2025
Prof. Maurice K.S. TSE

Associate Professor of Teaching

HKEJ Column
Tug-of-War Between Fraud and Security in the Age of AI
25 Jun 2025
Losers Bear All in the Tariff Gamble
7 May 2025
Clash of Great Powers in the Field of Generative AI
19 Mar 2025
Prof. Heiwai TANG

Associate Dean (External Relations)

Victor and William Fung Professor in Economics

Director, Asia Global Institute

Director, APEC Study Center

Associate Director, Hong Kong Institute of Economics and Business Strategy

HKEJ Column
Four Takeaways from London’s Experiences for Hong Kong’s Economic Transformation
18 Jun 2025
Analyzing the performance of RCEP since its inception
30 Apr 2025
The Flying Geese Paradigm 2.0 in the Era of Deglobalization
19 Feb 2025
Prof. Yulin FANG

Professor

Director, Institute of Digital Economy and Innovation

HKEJ Column
Van Gogh in the Chip: The Impact of Artificial Intelligence on Creative Processes and the Art Market
11 Jun 2025
The Taming of the Data: Shaping a World-Class Analytics Team
5 Mar 2025
Prof. Xi LI

Professor

Director, Asia Case Research Centre

Associate Director, Institute of Digital Economy and Innovation

HKEJ Column
How Can Hong Kong Retailers Survive the Surge of Mainland E-commerce?
4 Jun 2025
Dr. Tingting FAN

Principal Lecturer

MBA GBA Programme Director

HKEJ Column
Hong Kong Tourism IP and Pop Mart: A Lesson from Labubu
28 May 2025
The IP Strategy behind Pop Mart’s Overnight Popularity
16 Apr 2025
Cinema Seats vs. Home Couches: How Can Hong Kong Cinemas Win the Battle
22 Jan 2025
Prof. Joseph CHAN

Associate Director, Centre for Innovation and Entrepreneurship

Associate Professor of Practice

HKEJ Column
Innovation Strategy Common Ground—from Poverty Alleviation to International Web3 Centre
14 May 2025
Dr. Jing LI

Senior Lecturer

BBA (IBGM) Deputy Programme Director and Admissions Tutor

HKEJ Column
Tariff War Intensifies: Navigating Challenges and Opportunities in a Changing Global Economy
2 Apr 2025
Examining the Key Factors Driving the Mainland Economy Behind the Stock Market Frenzy
16 Oct 2024
Exploring the New Directions to Boost Hong Kong’s Tourism
15 May 2024
Prof. Guojun HE

The Hong Kong Jockey Club Professorship in Economics

Professor in Economics

Director, HKU Jockey Club Enterprise Sustainability Global Research Institute

Associate Director, Institute of China Economy

HKEJ Column
Reinstate Crypto Mining to Facilitate China’s Transition to Carbon Neutrality
26 Mar 2025
How Can Corporates Implement ESG Initiatives: A win-win for Society and Economy
13 Nov 2024
How Should Enterprises Respond to the Increasing Risks of Climate Change and Natural Disaster?
7 Aug 2024
Dr. Stephen Y CHIU

Honorary Associate Professor

HKEJ Column
Trump’s High Tariffs Backfire on the North American Automotive Industry
12 Mar 2025
CPI or EPI, or Both?
11 Sep 2024
Behavioural Economics on Risk Aversion and Gambling
24 Apr 2024
Prof. Wen ZHOU

Associate Professor

Associate Director, Asia Case Research Centre

HKEJ Column
Behavioural Economics in Action: Insights from Deadly Industrial Accidents
8 Jan 2025
Did Oil Companies Collude to Set Gasoline Prices in Hong Kong?
10 Apr 2024
How far are we from a nuclear war?
3 Jan 2024
Prof. Shipeng YAN

Assistant Professor

HKEJ Column
Corporate Digital Responsibility in an Aging Society
2 Jan 2025
Is ESG a fad or the future?
24 Jan 2024
Prof. Yanhui WU

Professor

HKEJ Column
With Returns Down, Is It Worth Going Up the Educational Ladder?
14 Aug 2024
Finding Hong Kong’s Place in the World of English
10 Jul 2024
Will the Cross-border Consumption Trend Hollow Out Hong Kong’s Economy?
8 May 2024
Prof. Hong ZOU

Professor

IMBA Programme Director

HKEJ Column
Regulations and Taxation of A-share Market Cash Dividends
3 Jul 2024
China’s A-share Market Embraces the Trend of Paying Cash Dividend
26 Jun 2024
The Potential Effects of China’s Registration-based IPO Reform
31 May 2023
Prof. Michael B. WONG

Assistant Professor

HKEJ Column
A Quick Reform that Eliminates Subdivided Homes in Hong Kong
15 Feb 2024
Prof. Jin LI

Area Head of Management and Strategy

Zhang Yonghong Professor in Economics and Strategy

Professor

HKEJ Column
Concrete Economics: starting from Hirschman’s Exit, Voice, and Loyalty
27 Dec 2023
AI Adoption and Career Concerns
25 Oct 2023
Economic Moat and The Rise and Fall of Companies
23 Nov 2022
Prof. Yuk-fai FONG

Associate Dean (Taught Postgraduate)

Professor

HKEJ Column
Global Collaboration on AI Regulations is Imperative
12 Apr 2023
Opportunities and Developments of Family Office in Hong Kong
8 Feb 2023
From an Economic and Strategic Perspective: The Shared Value Created by ESG
21 Dec 2022
Dr. Xiaoxuan MENG

Research Assistant Professor

HKEJ Column
Global Collaboration on AI Regulations is Imperative
12 Apr 2023
From an Economic and Strategic Perspective: The Shared Value Created by ESG
21 Dec 2022
New Policies Enabled by Programmable Central Bank Digital Currencies
10 Aug 2022
Prof. Hongbin CAI

Dean

Chair of Economics

Director, Institute of China Economy

HKEJ Column
University Enrolment Expansion brings Hong Kong Multiple Advantages
5 Apr 2023
Reaffirming Our Faith in the Hong Kong Economy
9 Nov 2022
Promoting Hong Kong’s Level of Internationalisation to New Heights
8 Jun 2022
Dr. Ka-fu WONG

Principal Lecturer

HKEJ Column
Making Idle Sports Facilities at Schools Available For Public Use
6 Jul 2022
To Reduce Traffic Congestion with Private Vehicle Quota System
6 Apr 2022
To Balance the Supply and Demand of Parking Space via Technologies and Big Data
2 Mar 2022
Prof. Zhigang TAO

Chair of Economics and Strategy

HSBC Professor in Global Economy and Business Strategy

HKEJ Column
Strategies for Hong Kong invested manufacturers
25 Aug 2021
New career opportunities for Hong Kong youths under the dual circulation strategy
10 Feb 2021
An imminent transformation and upgrading of Hong Kong’s economy
9 Sep 2020
Prof. Stephen CHING

Associate Professor

HKEJ Column
Examining vaccination schemes from behavioural economics
30 Dec 2020
Capitalisation of property taxes
21 Oct 2020
Reform property rates to play down the importance of keeping land prices high
19 Aug 2020