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The impact of COVID-19 has sent shockwaves across the global economy, with stock markets dropping to levels not seen since the 2008 financial crisis. First hit by the ongoing pandemic was China, which now appears on track to stage the first recovery among leading economies. Many are now looking to China not only to understand the impact of the virus and plot a path to recovery, but also to see if the world’s second largest economy will take a leadership role in the global revival to come.
Widely followed as a key indicator of Chinese executives’ sentiment on China’s macroeconomic environment, the Cheung Kong Graduate School of Business’ (CKGSB) Business Conditions Index (BCI) provides an index of business conditions and economic trends throughout China. Against the backdrop of the dual health and economic COVID-19 crisis, the BCI – which has been running monthly since September 2011 – has fallen to an all-time low.
This Asia House webinar, organised in partnership with CKGSB, will reflect on the BCI’s findings for the month of April, and assess the impact of COVID-19 on Chinese businesses and the economy. CKGSB Associate Dean and Professor of Economics Li Wei will present on the BCI’s findings and shed light on the economic fallout of COVID-19 in China.
Following the presentation, this webinar will convene other leading experts on the Chinese economy and Chinese enterprise to join Professor Li in discussion. Alongside examining how the pandemic will affect China’s economic growth, the panel of experts will also discuss the impact it will have on its relationship with Europe.
Phone: +86 10 8518 8858 ext. 3235
E-mail: wli@ckgsb.edu.cn
Professor of Economics, Associate Dean for Asia and Oceania, Director of Case Center and Director of Big Data Economic Research Center, Cheung Kong Graduate School of Business (CKGSB)
PhD, University of Michigan
Areas of Expertise: Corruption, Financial Markets, Macroeconomics, Managerial Incentives and Market Competition, Real Estate, Reform, Taxation, Telecommunications Privatization, Valuation in Emerging Markets
Dr. Li is Professor of Economics, Associate Dean for Asia and Oceania, Director of Case Center, and Director of Big Data Economic Research Center at the Cheung Kong Graduate School of Business (CKGSB). Before joining CKGSB, Dr. Li was Professor of Business Administration (with tenure) at the Darden Graduate School of Business Administration, University of Virginia, where he has served on the faculty since 2000. Since 2005, Dr. Li has also served as visiting Professor of Economics on the faculty of Cheung Kong Graduate School of Business. Before joining Darden faculty, Dr. Li was assistant professor and then associate professor of business administration at Duke University’s Fuqua School of Business from 1994 to 2000. He was also a visiting professor of strategy at Peking University’s Guanghua School of Management in 2004. He received his Ph.D. in economics from the University of Michigan and his B.Eng. from Shanghai Jiaotong University (China).
An authority on Chinese economy and business, Dr. Li’s main research focus is on economic development, taxation, financial markets, corruption, corporate governance, corporate research and development, entrepreneurship, trade and investment in China. His work has been published in prominent academic journals and books, and some of his research results have also been featured in Foreign Affairs, New York Times, Los Angeles Times, and on CNNfn (CNN Money) and Bloomberg TV. Professor Li has extensive consulting experience with multinational firms, Chinese firms, and the World Bank.
Dr. Li has taught Macroeconomics, Global Economies and Markets, Managerial Economics, and Emerging Markets Finance in MBA, Finance MBA, EMBA, and Global EMBA, and Executive Education programs.
China’s Economic Outlook amidst the COVID-19 Outbreak
Li Wei, Professor of Economics, Associate Dean of MBA Program, Director of the Case Center, CKGSB
Li Wei, Professor of Economics, Associate Dean of MBA Program, Director of the Case Center, CKGSB
Alicia Garcia Herrero, Chief Economist, NATIXIS
Li Xin, Managing Director, Caixin Global
Michael Lawrence, Chief Executive of Asia House (Moderator)
