Lawrence J. Lau

Lawrence J. Lau is the Ralph and Claire Landau Professor of Economics at the Chinese University of Hong Kong, and the Kwoh-Ting Li Professor in Economic Development, emeritus, at Stanford University. He served as vice-chancellor and president of the Chinese University from 2004 to 2010, and chairman of CIC International (Hong Kong) from 2010 to 2014.
Lawrence J. Lau
Lawrence J. Lau is the Ralph and Claire Landau Professor of Economics at the Chinese University of Hong Kong, and the Kwoh-Ting Li Professor in Economic Development, emeritus, at Stanford University. He served as vice-chancellor and president of the Chinese University from 2004 to 2010, and chairman of CIC International (Hong Kong) from 2010 to 2014.

Latest from Lawrence J. Lau

Opinion | Behind the US-China trade war lies a competition for dominance and a rising tide of protectionism

The competition between the world’s two largest economies doesn’t have to be a zero-sum game, while isolationist sentiment, particularly in the US, can be stemmed with a redistributive tax system.

17 Aug 2018 - 6:12AM
Behind the US-China trade war lies a competition for dominance and a rising tide of protectionism

The competition between the world’s two largest economies doesn’t have to be a zero-sum game, while isolationist sentiment, particularly in the US, can be stemmed with a redistributive tax system.

If the US-China trade war escalates, how will the Chinese economy respond? Here are the numbers

China can weather the effects of a trade war with the US, even if imports of the products the US is targeting with its tariffs halt completely. The result would mean only a marginal drop in annual economic growth, and China is unlikely to take the drastic step of severely devaluing its currency.

23 Jul 2018 - 8:52PM
If the US-China trade war escalates, how will the Chinese economy respond? Here are the numbers

China can weather the effects of a trade war with the US, even if imports of the products the US is targeting with its tariffs halt completely. The result would mean only a marginal drop in annual economic growth, and China is unlikely to take the drastic step of severely devaluing its currency.

Trump should increase US exports to China, not launch a trade war

Trump’s new tariffs may lead to a reduction in Chinese exports to the US, but the overall US trade deficit is unlikely to fall, and there’ll be no positive impact on its GDP or employment.

20 Jul 2018 - 8:47PM
Trump should increase US exports to China, not launch a trade war

Trump’s new tariffs may lead to a reduction in Chinese exports to the US, but the overall US trade deficit is unlikely to fall, and there’ll be no positive impact on its GDP or employment.

Why now? The rationale behind Xi Jinping’s power consolidation

The removal of the term limits on the office of China’s president may be intended to signal Xi Jinping’s commitment to his anti-corruption campaign and economic reform agenda.

7 Mar 2018 - 9:05PM
Why now? The rationale behind Xi Jinping’s power consolidation

The removal of the term limits on the office of China’s president may be intended to signal Xi Jinping’s commitment to his anti-corruption campaign and economic reform agenda.

No reason to believe China falsifies its national economic data

Although the tampering of economic statistics is a problem in regional government, as evidenced by several recent admissions, central government officials understand the harm it brings. The data they put out is not perfect, but it is the most reliable available.

20 Jul 2018 - 8:47PM
No reason to believe China falsifies its national economic data

Although the tampering of economic statistics is a problem in regional government, as evidenced by several recent admissions, central government officials understand the harm it brings. The data they put out is not perfect, but it is the most reliable available.

How Xi Jinping revitalised party and state with his morally uncompromising leadership

It is Xi’s emphasis on discipline, virtues and patriotism that will succeed in ridding party and government of the rot of corruption.

20 Jul 2018 - 2:55PM
How Xi Jinping revitalised party and state with his morally uncompromising leadership

It is Xi’s emphasis on discipline, virtues and patriotism that will succeed in ridding party and government of the rot of corruption.

The US and China can beat the trade deficit with a treaty, not all-out war
Can Hong Kong become indispensable to the nation again?
How Hong Kong can be a key pillar for belt and road infrastructure
Moody’s downgrading of China’s credit rating is without basis amid ‘new normal’ in the economy
From the economy to judicial reform, China is settling into a ‘new normal’
A way to ease the pain of Brexit for all parties
Why China’s debt is not worth losing any sleep over, just yet
Why a Tobin tax could help to stabilise the renminbi
Why China will avoid a big, destabilising yuan devaluation
How Hong Kong can survive – even thrive – amid a decline in demand from mainland China
Time to rationalise the patchwork retirement provisions for Hong Kong workers
Meeting face to face, Xi Jinping and Ma Ying-jeou take a big leap of faith towards peace
Why is there no public outrage over the HKU audio leak?
Japan must give the world a truthful account of what happened in the second world war, not more apologies
HKU council meeting chaos reflects a worrying mob mentality among Hong Kong youth
Hong Kong cannot afford to wait for perfection in its march towards universal suffrage
NPC framework offers scope for positive change in 2017 chief executive election

The National People's Congress Standing Committee has sketched out a broad framework for the election of Hong Kong's chief executive by universal suffrage in 2017.

22 Mar 2017 - 5:22PM
NPC framework offers scope for positive change in 2017 chief executive election

The National People's Congress Standing Committee has sketched out a broad framework for the election of Hong Kong's chief executive by universal suffrage in 2017.

Framework for political reform is best we could expect at this point in time

The National People's Congress Standing Committee decision on political reform completed step two of the five-step process required to amend the method for the selection of Hong Kong's chief executive. It is a significant step forward in the city's democratic development.

22 Mar 2017 - 5:23PM
Framework for political reform is best we could expect at this point in time

The National People's Congress Standing Committee decision on political reform completed step two of the five-step process required to amend the method for the selection of Hong Kong's chief executive. It is a significant step forward in the city's democratic development.

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