Bing Xiang

In this Nikkei Asia article, Prof. Kim Joon Hyung discusses what President Yoon Suk Yeol's central Asia trip means for South Korea's foreign policy ➡️ https://lnkd.in/ef5cj7eu Prof. Kim was recently elected to the National Assembly in South Korea and published a report with APLN on what a South Korean progressive foreign policy shift could look like. Read it here ➡️ https://lnkd.in/e4vTJfEs

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We made a marginal contribution to the literature on power shortage (crunch) by examining its impact on firms’ anticipatory investment (or in other words, willingness to invest) in the short-run future. The issue is renewed due to the intermittence of renewables during the energy transition process. Our findings reveal a sizable persistent negative impact of the power crunch on firms’ investment lingering over at least a couple of months. #energytransition #carbonneutrality International Society for Energy Transition Studies

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Me and my colleagues at the Fudan Development Institute are proud to present one of the most comprehensive analyses tailored for the audience in the Chinese-speaking world on the recent surge of college protests in the United States. Our article, "美国观察｜激情对抗权力：美国高校抗议潮下的利益与理想之争," delves deep into the dynamics of these protests, exploring the cultural and generational dialogues that are reshaping societal structures and challenging traditional power dynamics. This analysis not only highlights the motivations and implications behind the protests but also serves as a bridge for understanding the values and aspirations of Generation Z in both nations. Dive into our detailed examination to grasp how these movements are pivotal in fostering global understanding and dialogue. 🔗 [Explore our detailed analysis here] https://lnkd.in/gkWktjA7

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US Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi met in Laos, discussing tensions over the South China Sea and Taiwan. Blinken expressed concerns about Beijing's actions in the South China Sea, particularly at the Second Thomas Shoal, where the Philippines has reported coercive behavior from China towards its ships. He reaffirmed US support for resolving disputes peacefully and in line with international law. Wang indicated that China had reached a temporary arrangement with the Philippines to manage the situation and urged the US to avoid escalating tensions. Additionally, Blinken highlighted the need for peace across the Taiwan Strait, while Wang warned against provocations from "Taiwan independence" forces. The two also addressed China's support for Russia regarding Ukraine, with Blinken voicing concern and Wang countering with a call for the US to halt unilateral sanctions. #AsiaRisk #SouthChinaSea #Japan Follow us for daily updates on risk and operations in Asia! https://lnkd.in/gEdHzaVd

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Throwback to the insightful discussions at the 2024 China and Global Economic Forum   Prof. Shusong BA, Managing Director and Chief China Economist of Hong Kong Exchanges and Clearing Limited (HKEX), Member of the Chief Executive's Policy Unit Expert Group, analyzed the prospects of Renminbi internationalization on the topic of “What are the latest market changes driven by the internationalization of Renminbi? What support can Hong Kong provide?”. He pointed out that a sound financial system is needed to further enable Renminbi to be used as a settlement instrument in investments or reserves in more countries, and that Hong Kong, as an offshore market, can play a complementary role in this regard and bring breakthroughs to the internationalization of Renminbi.   Prof. Chen LIN, Associate Dean (Research and Knowledge Exchange) of HKU Business School, Chair of Finance, shared insights on the Web3 development around the world under the theme of “Development of Web3 Industry in Hong Kong”. He elaborated that Web3 and cryptocurrencies have been gradually accepted in traditional investments in foreign countries and have created rising synergies, which is an experience worthwhile for Hong Kong and the Mainland to learn from.   Prof. Guojun He, Associate Director of Institute of China Economy, Professor in Economics, Management and Strategy of HKU Business School, spoke on the topic of “Climate Change, Risks of Natural Disasters and Responses”, pointing out that both China and foreign countries need to proactively seek ways to mitigate the impacts of climate change around the world, both at the national macro-policy level as well as at the micro-enterprise decision-making level.   Prof. Zhiwu Chen, Chair Professor of Finance of HKU Business School, Director, The Centre for Quantitative History, examined the history of China’s maritime trade since the Tang Dynasty and how Deng Xiaoping’s reforms have gradually shaped the business culture in modern China, and laid the foundation for the nation’s reforms and opening up from a historical macro perspective, on the topic of “Looking at Deng Xiaoping’s Open Door Policy through the Lens of 2,000 Years of History: How Foreign Trade Transformed China”.   In the afternoon, panellists at the Roundtable on Finance titled “China and Hong Kong Macro and Micro Finance: Challenges and Prospects” highlighted that Hong Kong, as a Renminbi offshore center, is the “bridgehead” of the Greater China region and acts as an important bridge connecting China and the world. Mutual collaboration between Hong Kong and the Mainland should be advocated in terms of financial innovation, so as to fully utilize the linkage effect that Hong Kong, as an international financial center, has brought to the economic development of the Mainland.   Forum Details and Snapshots: https://bit.ly/3zW9R4y 論壇詳情及花絮：https://bit.ly/3LCl5h7   #港大經管學院 #HKUBusinessSchool #ChinaEconomy #ChinaMacroeconomyForum

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Hong Kong's unique role in U.S.-China relations is more crucial than ever, says Li Cheng, the founding director of the Centre for Contemporary China and the World at the The University of Hong Kong and former Brookings Institution director. Learn more in this interview from our affiliate platform, China-US Focus, as Li speaks to CUSEF President, James Chau. 

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📢New Discussion Paper available Tomohiko Inui (学習院大学), Ayako Oobashi (慶應義塾大学), and Qizhong Yang (東洋大学) examine firms’ export performance concerning their experiences of border rejection👇   https://lnkd.in/gPWsTj79

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Competition Behind Competition: State-Sponsored Awards, Political Tournaments, and Corporate Participation in Poverty Alleviation in China https://lnkd.in/ed5XvzmS By Weiting Zheng, Na Ni, Xiaowei Rose Luo, Jiaxing You, & Xiting Wu Do government awards promote corporate engagement in poverty alleviation? Focusing on China's state-initiated poverty alleviation program, we revealed a critical factor – competition among government officials – that drives firms' positive response to awards. We showed that when government officials face pressure to outperform rivals in achieving state goals (such as poverty reduction), they actively promote these awards, triggering a ripple effect, with non-winning firms increasing their efforts to emulate award winners. Crucially, this effect was magnified for firms that rely heavily on government resources.

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Taiwan Tech: Top 100 in THE Asia University Rankings, leads top in the nation for international outlook. On May 1st, the British Times Higher Education (THE) Special Issue released the 2024 Asia University Rankings. Taiwan Tech jumped significantly from 137th place last year to 71st place this year. It is tied with National Tsing Hua University as the fourth best university in the country while maintaining its position as the top university nationwide for International Outlook Project and advancing to fourth place nationally for Research Quality. To enhance its international visibility, Taiwan Tech actively promotes international academic exchanges and establishes overseas research centers, collaborating with top academic institutions worldwide. This strengthens the school's ties with the international academic community, creating more international learning and research opportunities for faculty and students, and further expanding horizons. In recent years, Taiwan Tech has emphasized research quality and impact, supporting faculty in conducting high-level research and publishing outstanding papers. Consequently, its performance in the Field Weighted Citation Impact (FWCI) is excellent, and it has the highest proportion of top-tier journal publications in Taiwan, reflecting research outcomes with greater global influence compared to the global average in the same field. At the same time, Taiwan Tech encourages faculty to align their research directions with the 17 Sustainable Development Goals (SDGs) set by the United Nations, focusing directly on solving current societal issues and emphasizing global sustainable development. This ensures that research is closely aligned with the needs of society, the environment, and the world. THE has introduced new research-related indicators this year, providing a more comprehensive evaluation of universities' research quality, industry connections, international perspectives, research environment, and teaching quality. Through continuous efforts and perseverance, Taiwan Tech practices sustainable development with a pragmatic and innovative academic approach and is committed to nurturing more outstanding talents with professional expertise, international bridging capabilities, and liberal arts education.

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Set against the outcome of the 2024 Taiwanese presidential and legislative elections, the essay by Brian Hioe offers a comprehensive analysis of the role and strength of the two traditional political identities in Taiwan: the KMT and the DPP: https://bit.ly/44qS14X #Taiwan #KMT #DPP #Kuomintang #DemocraticProgressiveParty

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How to Communicate Effectively With Chinese In a new article by the author of Bridging the Gap, Dr Catherine Hua Xiang draws on insights from intercultural communication studies to provide practical advice for Westerners looking to engage successfully with Chinese clients or partners. ➡️ Read now: https://lnkd.in/dzhwS-MF #BridigngTheGap #interculturalcommunication #businessbooks #SharingKnowledge

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Amid a falling birth rate and an exodus of Hong Kong families, Hong Kong schools are facing an existential crisis due to a lack of new student enrolment. At the same time, a large number of mainland Chinese have migrated to Hong Kong over the last few years via various talent schemes, making their children a valuable source of students for the local schools. Lianhe Zaobao journalist Tai Hing Shing looks at how the local schools are pulling all the stops to attract these new migrant families. #HongKongeducation #HongKongexodus #Chinesemigration

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We’re excited to see this playbook being launched and that we got to be a contributor towards it. #circulareconomy #hongkong #MICE #zerowaste #wastereduction #reusebeforerecycle

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The Institute of Science Tokyo is leveraging its status as a merged institution to reapply for Japan's JPY10 trillion endowment fund. Besides better funding opportunities, the merged institution benefits from increased enrollment, stronger research capabilities, enhanced internationalization, improved facilities, and robust governance. Explore how a merger can benefit your institution with SPH Consulting Group. #HigherEducation #HigherEd #HigherEdTrends #MergeHigherEd #HigherEdMergers https://lnkd.in/eYkwjtZ2

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AMBREY – CHINA, US Secretary of State visit to China The US Secretary of State Antony Blinken visited China from April 24-26, meeting President Xi Jinping, Foreign Minister Wang Yi, Minister of Public Security Wang Xiaohong and Shanghai Part Secretary Chen Jining. During the meetings Blinken discussed the bilateral relationship between the US and China, as well as military-to-military communication to avoid miscalculation and conflict, serious concerns around China providing tacit support to Russia in its conflict against Ukraine, maintaining stability across the Taiwan Strait, Chinese destabilising actions around the Second Thomas Shoal, and freedom of navigation in the South China Sea among other issues. For full context, analysis and implications, please follow the download link on our Insights Hub: https://lnkd.in/e2qKUyw6 Contact us today at www.ambrey.com to request further information on all our Maritime Risk Management services.   #MaritimeRisk #MaritimeSecurity #RiskManagement #TaiwanStrait #Ambrey

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AMBREY – CHINA, US Secretary of State visit to China The US Secretary of State Antony Blinken visited China from April 24-26, meeting President Xi Jinping, Foreign Minister Wang Yi, Minister of Public Security Wang Xiaohong and Shanghai Part Secretary Chen Jining. During the meetings Blinken discussed the bilateral relationship between the US and China, as well as military-to-military communication to avoid miscalculation and conflict, serious concerns around China providing tacit support to Russia in its conflict against Ukraine, maintaining stability across the Taiwan Strait, Chinese destabilising actions around the Second Thomas Shoal, and freedom of navigation in the South China Sea among other issues. For full context, analysis and implications, please follow the download link on our Insights Hub: https://lnkd.in/e2qKUyw6 Contact us today at www.ambrey.com to request further information on all our Maritime Risk Management services.   #MaritimeRisk #MaritimeSecurity #RiskManagement #TaiwanStrait #Ambrey

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