Chen Zhiwu, one of several leading economists who expect Beijing to push through a series of pro-growth policies, said he expects 2023’s target will be “6 per cent or higher” — much higher than the IMF’s projection of 4.4 per cent. “Given that they may aim for an average growth rate of 5 per cent and 2022 is likely to deliver about 3 per cent, they need to have something like 7 per cent for 2023,” says Chen, a professor of finance at Hong Kong University. Several other economists have predicted 2023 GDP growth at above 5 per cent.

3910 3079 / 3917 1271
KK 1338
“Given the geopolitical environment, the impact of Covid zero and the domestic political changes in China, Citic Securities probably has no other choice but to make CLSA more domestic-Chinese client focused,” said Chen Zhiwu, chair professor of finance at Hong Kong University.
“It’s a long way to go before we can say there is such a thing as petro-renminbi,” said Chen Zhiwu, chair professor of finance at the University of Hong Kong.
Zhiwu Chen, a finance professor at the University of Hong Kong, said he felt authorities hoped the infections would usher in sufficient immunity within three or four months, allowing small and medium -sized businesses to rebound.
Local-level governments’ implementation of the 20 new easing measures announced by the State Council has been disappointing, casting further doubt on a real reopening any time soon, according to Chen Zhiwu, a chair professor of finance at the University of Hong Kong.
Chen Zhiwu, a professor of finance at the University of Hong Kong, says amid China’s drastically changed political environment, the pressure is “really high, if not higher” for Hui to keep paying down corporate liabilities with his own money.
陳志武:《文明的邏輯》這本書其實是用量化歷史研究的方法,為讀者們回答了一個根本性的問題:人類做了哪些事,或者說做對了哪些事,使我們應對風險的能力不斷提高,進而使文明持續戰勝野蠻。
ZHIWU CHEN, PROFESSOR OF FINANCE, UNIVERSITY OF HONG KONG - "One significant change is to de-emphasise economic development and economic reform. From the 14th to the 19th Party Congress, economic development was, each time, explicitly stated as the central mission for the Party, whereas this time there is no such mention; instead, the emphasis is on 'complete' and 'all-rounded' development. That is, it is not just economic development but also political, social, environmental, and cultural development that the Party will devote efforts to."
“The 60 reforms would have largely expanded the role of consumption and private initiatives,” says Chen Zhiwu, a professor in Chinese finance and economy at the University of Hong Kong. “However, the market-oriented reform agenda has been largely sidelined . . . resulting in a larger role for the state and a shrunken role for the private sector.”