| Prof. Heiwai Tang, Director, Asia Global Institute, and Associate Dean, HKU Business School
Heiwai Tang is Victor and William Fung Professor in Economics, Director of the Asia Global Institute and HKU APEC Study Center, as well as Hong Kong Institute of Economics and Business Strategy at the University of Hong Kong (HKU). Prior to joining HKU, he was tenured Associate Professor of International Economics at the School of Advanced International Studies (SAIS) of Johns Hopkins University. He is also affiliated with the Federal Reserve Bank of Dallas (U.S.), the Center of Economic Studies and Ifo Institute (CESIfo, Germany), the Kiel Institute for the World Economy (Germany) and the Globalization and Economic Policy Center (U.K.) as a research fellow. He has been a consultant to the World Bank, the International Finance Corporation, the United Nations, and the Asian Development Bank; and held visiting positions at the IMF, Stanford, MIT, Harvard. He is currently an associate editor of the Journal of International Economics, the Journal of Comparative Economics and the China Economic Review. Since 2021, he has served on a number of public bodies, including the Currency Board Sub-Committee of the HKMA’s Exchange Fund Advisory Committee and the Minimum Wage Commission in Hong Kong.
Heiwai holds a Ph.D. in economics from MIT and a Bachelor of Science in mathematics from UCLA. His research interests span a wide range of theoretical and empirical topics in international trade, with a specific focus on production networks, global value chains, and China. His research has been published in leading journals in economics, including American Economic Review and Journal of International Economics. His research and opinions have been covered by BBC, Financial Times, New York Times, Al Jazeera, Foreign Policy, South China Morning Post, and various think tanks such as the Brookings Institution and the Peterson Institute for International Economics. |
| Mr Will Denyer, Partner and Chief U.S. Economist, Gavekal
Will worked temporarily with our research team in 2005. We decided it was a good fit, so in 2007 he moved to Hong Kong to join permanently. Will is now our lead analyst on the US economy. He also helps manage the global research team. Will has a master’s degree in economics from Mises Graduate School, and a bachelor’s degree in business and economics from the University of Oklahoma. Will speaks English (including the occasional "y'all" in conversation), and is a struggling student of Chinese.
Will writes on a range of topics, but his key areas of interest include US monetary policy, business cycle analysis, demographics, the relationship between corporate profitability and interest rates (a la Knut Wicksell), valuations, and asset allocation. |