
Illustration: Craig Stephens
Opinion
Opinion
Lawrence J. Lau
How China can shrug off the impact of the US trade war on its economy and improve the lives of its citizens
- China can stomach the cost to its GDP of even all its exports to the US being halted if it takes steps to boost domestic demand
- Investment in public goods such as environmental protection, education and health care could serve this purpose
Updated: 5:39am, 24 May, 2019

Illustration: Craig Stephens
READ FULL ARTICLE
+ FOLLOW
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.