Lawrence Lau
Ralph and Claire Landau Professor of Economics, CUHK
Mar 13, 2018
Centralised authority and power are absolutely essential for overcoming the opposition of the local governments and the private moneyed interests and pushing forward the economic reform agenda in China.
Jan 30, 2018
Recently the National Bureau of Statistics of China (NBSC) reported a rate of growth of real GDP of 6.9% for 2017, a slight increase from the 6.7% in 2016. This announcement was welcome by much of the world but it was also met with the usual skepticism in some quarters, especially because of the recent voluntary revelations by certain regions that they had been over-stating their economic data in the past.
Nov 08, 2017
Mr. XI Jinping was elected the General Secretary of the Communist Party of China (CPC) at the Eighteenth Party Congress in November 2012. In the five years between the Eighteenth and the Nineteenth Party Congress, Mr. XI has accomplished a great deal.
Sep 13, 2017
Professor Lau shares his insights on public debt and corporate debt in relation to the argument that China should reduce its debt in order to avoid a major drag on economic growth.
Sep 13, 2017
There have been a myriad of talks about the possibility of war, specifically a trade war and the gains and losses of such a prospect. Would the Trump administration trigger a trade war and what could that entail for the two nations?
Sep 13, 2017
Professor Lau outlines the benefits of a Bilateral Investment Treaty that includes a “mutual protection of investment” and “negative list.”
Sep 13, 2017
In his view, there are two ways in which to reduce the trade imbalance: China reduces exports to the U.S. or the U.S. increases exports to China.
Sep 13, 2017
Professor Lau discusses his research on the bilateral trade deficit and argues that the current deficit based on U.S. data of $367.4 billion is actually closer to $132.7 billion.
Sep 13, 2017
Trump’s rhetoric and campaign platform on trade has become a contentious issue. Professor Lau explains the significance of Sino-American trade.
Jul 25, 2017
The first China-U.S. Comprehensive Economic Dialogue yielded no tangible results. But the two powers have plenty of room for agreement – if they can put their sense of exceptionalism aside.