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Program Faculty and Guest Speakers
The program features world-class faculty from HKUST who are part of a strategic public policy research project on “Trade and Investment under One Belt One Road and Implications for Hong Kong” being undertaken by HKUST’s Institute for Emerging Market Studies with support from Hong Kong’s Central Policy Unit, as well as leading government and business leaders in China and Hong Kong with first-hand insights into the opportunities and challenges of facilitative successful investments in Belt and Road countries. 
Prof. Albert PARK (Lead Faculty)
Director, HKUST Institute for Emerging Market Studies
Chair Professor, Division of Social Science
Professor, Department of Economics
Albert Park is a development and labor economist who is an expert on China’s economic development. His research has been featured by the Economist, New York Times, Wall Street Journal, BBC, CNN, and NPR. Professor Park is a Research Fellow of the Centre for Economic Policy Research (London), the Institute for the Study of Labor (IZA, Bonn), the International Growth Centre (Oxford/LSE/DFID), and the Human Capital and Economic Opportunity Working Group (Chicago). In recent years he has published articles in leading economics journals on firm performance, poverty and inequality, migration and employment, health and education, and the economics of aging in China. He currently serves on the editorial boards of the Journal of Comparative Economics, Oxford Economic Papers, and Chinese Economic Review. Prof. Park has co-directed numerous survey research projects in China; currently he is PI for a new firm-worker survey in the Pearl River Delta, PI for the Gansu Survey of Children and Families, a longitudinal study of rural youth, and co-PI for the China Health and Retirement Longitudinal Study (CHARLS). He previously held faculty appointments at the University of Michigan and Oxford University, and has consulted frequently for the World Bank.
Mr. David CHAO Yao Ting
First Vice President
Foreign Direct Investment (FDI) Advisory
United Overseas Bank Limited
David Chao joined United Overseas Bank (UOB) Hong Kong in 2013 to lead the bank’s newly set-up Foreign Direct Investment (FDI) Advisory unit. The FDI Advisory unit facilitates the bank’s clients with their trade and investment flows between Greater China and Southeast Asia. To date, David has advised and facilitated over 100 FDI deals from Greater China to Myanmar, Indonesia, Singapore, Malaysia, Thailand and Vietnam. The FDI Advisory unit recently won the HKB International Business Award.
Prior to working in Hong Kong, David worked in several Asia Pacific countries building strong business and governmental networks through providing advisory services to facilitate investments between China and ASEAN. David started his investment career in New York with Goldman Sachs’ equities division followed by over 5 years as an investment analyst at Visium Funds.
David is a regular public speaker at events such as the Hong Kong SAR government’s Belt and Road Summit and Hong Kong Trade Development Council (HKTDC) investment and trade delegations; he speaks on FDI trends between China and Southeast Asia and has moderated investment related events organized by the Indonesian Consulate General in Hong Kong.
David received a BA cum laude degree in International Political Economy from Cornell University, completed his General Course in economics at the London School of Economics and completed a Master’s Degree in International and Public Affairs at the University of Hong Kong specializing in the political economy of China and Southeast Asia. David has also studied at Chulalongkorn University (Thailand) and completed a short-term research sabbatical on Chinese outbound investment at Peking University in the summer of 2016. David is an active member of the AmCham Hong Kong, serving on the Trade and Investment Committee.
Dr. Victor K. Fung
Group Chairman
Fung Group
Dr Victor K FUNG, Group Chairman, Fung Group. He is an international business leader, thought leader and philanthropist, who holds professional and civic appointments in Hong Kong, the Chinese Mainland and overseas. He is Group Chairman of the Fung Group, a Hong Kong-based multinational which comprises major subsidiaries in trading, logistics, distribution and retailing.
Dr. Fung is an independent non-executive Director of China Petrochemical Corporation (People’s Republic of China), Chow Tai Fook Jewellery Group Limited (Hong Kong), and Koc Holding A.S. (Turkey). He is also Chairman of the Asia Advisory Board of Prudential Financial, Inc (USA). He is a member of the Chinese People’s Political Consultative Conference, a member of the International Business Leaders Advisory Council for the Mayor of Beijing, an economic advisor to the People’s Government of Nanjing, a member of the Economic Development Commission of the Hong Kong Government, and the Chairman of the Steering Committee on the Hong Kong Scholarship for Excellence Scheme. He is a former Chairman of the Hong Kong Trade Development Council (1991-2000); a Hong Kong representative on the APEC Business Advisory Council (1996-2003); Chairman of the Airport Authority Hong Kong (1999-2008), Chairman of the Council of The University of Hong Kong (2001-2009) and Chairman of the Greater Pearl River Delta Business Council (2004-2013).
He is the Founding Chairman of the Fung Global Institute, and was Chairman of the Paris-based International Chamber of Commerce from 2008 to 2010. Born and raised in Hong Kong, Dr. Fung holds Bachelor and Master Degrees in Electrical Engineering from Massachusetts Institute of Technology, and a Doctorate in Business Economics from Harvard University. He was a professor at Harvard Business School for four years before returning to Hong Kong in 1976.
Prof. Alicia Garcia HERRERO
Adjunct Professor, Department of Economics, HKUST
Chief Economist for Asia Pacific at NATIXIS
Alicia Garcia Herrero is Chief Economist for Asia Pacific at NATIXIS based in Hong Kong.
In previous years Alicia held the following positions: Chief Economist for Emerging Markets at Banco Bilbao Vizcaya Argentaria (BBVA), Member of the Asian Research Program at the Bank of International Settlements (BIS), Head of the International Economy Division of the Bank of Spain, Member of the Counsel to the Executive Board of the European Central Bank (ECB), Head of Emerging Economies at the Research Department of Banco Santander and Economist at the International Monetary Fund (IMF).
Alicia has always combined her career in the private and public sectors with a commitment to applied research and teaching. Alicia serves as a non-resident Senior Fellow in several think tanks, in particular BRUEGEL in Brussels, Emerging Market Institute at Johnson Graduate School of Management (Cornell) and at Real Instituto El Cano in Madrid. She is also adjunct professor at HKUST and visiting faculty at China-Europe International Business School (CEIBS) in Shanghai. Alicia is also a member of the Council of Advisor of the Hong Kong Institute for Monetary Research (HKIMR).
Alicia holds a PhD in Economics from George Washington University and has published extensively in refereed journals and books. Alicia is also very active with international media (Bloomberg, CNBC, Reuters, Financial Times, and the Wall Street Journal, among others).
Mr. Nicholas Kwan
Director of Research
The Hong Kong Trade Development Council
Nicholas joined HKTDC as the Director of Research in May 2013. His department provides in-depth and up-to-date analysis and advice on economic and trade issues, covering key industries and services in Hong Kong, the Chinese mainland and most major and emerging markets. Nicholas has over 30 years of experience of economic and business research, including more than six years at Standard Chartered Bank as its Asia Research Head, seven years working for the Hong Kong Monetary Authority covering both macro-economic and policy research, and 11 years at Merrill Lynch, finishing as its Asia Regional Chief Economist. Nicholas is a graduate of the Chinese University of Hong Kong and has an MBA degree from the UK’s Warwick University. He was also a Chartered Financial Analyst.
Prof. Edwin L.-C. LAI
Professor, Economics
Director, Center for Economic Development
Edwin Lai (黎麟祥) is Professor of Economics at the Hong Kong University of Science and Technology since July 2009, and later appointed Director of the Center for Economic Development. He was Senior Research Economist and Adviser at the Federal Reserve Bank of Dallas of the Federal Reserve System of the USA, from August 2007 to June 2009. Before that he was Assistant Professor at Vanderbilt University, Associate Professor at City University of Hong Kong and Associate Professor at Singapore Management University. His main research areas are international economics, industrial organization, growth and internationalization of renminbi. He is a leading scholar in the study of intellectual property rights in the global economy. He has published in American Economic Review, RAND Journal of Economics, International Economic Review, Journal of International Economics and other respected journals in economics. 
Prof. Lai has been a consultant to the World Bank, visiting scholar/fellow with Boston University, Princeton University, Kobe University, CESifo (University of Munich), Hitotsubashi University and Hong Kong Institute for Monetary Research. He is Associate Editor of Review of International Economics (Wiley Publisher), a Fellow of the CESifo Research Network (U of Munich) and a board member of Asia-Pacific Trade Seminars (APTS) Group. Prof. Lai obtained his B.Sc. in engineering from University of Hong Kong and A.M. and Ph.D. in economics from Stanford University.
Prof. Barry SAUTMAN
Professor, Division of Social Science
Barry Sautman is a political scientist and lawyer whose research focuses primarily on political, economic and social links between China and Africa and ethnic politics in China, especially Tibet and Xinjiang-related issues. His broadly comparative research has been grounded in fieldwork in African countries where Chinese investment is prominent and in ethnic minority areas of China and he has published several monographs and scores of articles in a variety of area studies and disciplinary journals. In China-Africa research done with Yan Hairong, a Hong Kong-based anthropologist, he has concentrated on how the political economy of Chinese investment has shaped relations between Chinese employers and African workers, as well as on the mythologizing discourse of China-Africa links in global media. His principle field site is Zambia, especially the Chinese-owned copper mines and he and Yan Hairong are completing a book manuscript on these mines in comparative perspective. Additional fieldwork is being undertaken in southern Africa on the localization of Chinese enterprises. He and Yan Hairong may also undertake a field study of labor relations in Chinese manufacturing and construction enterprises in Ethiopia.
Prof. Naubahar SHARIF
Associate Professor, Division of Social Science
Dr. Naubahar Sharif is an Associate Professor in the Division of Social Science at the Hong Kong University of Science and Technology. He earned his doctorate in ‘Science and Technology Studies’ from Cornell University (USA) in 2005 and completed the Executive Education program in ‘Innovation for Economic Development’ at Harvard University (USA) in 2011. He has published numerous research and theoretical articles in leading academic journals and has been awarded external funding from the Research Grants Council (RGC) of Hong Kong under the Collaborative Research Fund (CRF) scheme, the General Research Fund (GRF) scheme, and the Public Policy Research (PPR) scheme. Under the auspices of Hong Kong’s Central Policy Unit, Dr. Sharif has received funding (as a co-investigator) for a Strategic Public Policy Research (SPPR) proposal to study the potential of China’s One-Belt-One-Road initiative to benefit Hong Kong through trade and investment. Dr. Sharif also consulted for the Innovation and Technology Commission (ITC) of the HKSAR Government from 2006 to 2010. Currently in his research he focuses on innovation and technology policymaking in Hong Kong, the impact of the One-Belt-One-Road initiative in Pakistan, and also the process of industrial automation, including robotics, unfolding in Southern China.
Prof. Xun WU
Director, Institute of Public Policy
Xun WU is Director of Institute for Public Policy and LAPP at HKUST.  He is a policy scientist with a strong interest in the linkage between policy analysis and public management. He is a co‐editor of the Cambridge University Press (CUP) Series in Comparative Public Policy, and Cambridge Elements in Public Policy Element. He has consulted for the World Bank, the Asian Development Bank, UNEP, International Vaccine Institute, and government agencies on infrastructure planning and development, environmental and social impact assessment, design and implementation of randomized control trials (RCTs), and Public-Private Partnership.

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