China's Economy and Asia's Rise


Professor Park will assess the cyclical and structural factors affecting China’s growth prospects and how China is impacting economic dynamism in the region. Topics included the implications of China’s recent property sector downturn, how geopolitical fragmentation is affecting China’s trade and investment relationships and growth prospects in the region, and the potential for China to contribute positively to the development of other countries via outbound FDI and by leading on climate change action.

This event is co-organized with HKUST Center for Economic Policy (CEP), IEMS, Division of Social Science and Division of Public Policy.  Further updates about the event will be first posted on the CEP webpage

About the speaker

Albert F. Park is Chief Economist of the Asian Development Bank (ADB) and Director General of its Economic Research and Development Impact Department. He is chief spokesperson on economic and development trends and leads the production of ADB’s flagship knowledge products and support for regional cooperation fora. 

Mr. Park has more than 2 decades of experience as a development economist and is a well-known expert on the economy of the People’s Republic of China. He has worked on a broad range of development issues including poverty and inequality, intergenerational mobility, microfinance, migration and labor markets, the future of work, and foreign investment. 

Mr. Park is Chair Professor of Economics, Social Science, and Public Policy at HKUST (on leave). He served as a founding director of HKUST’s Institute for Emerging Market Studies and Center for Economic Policy, and previously held faculty positions at the University of Oxford and University of Michigan.  

A national of the United States, he received his bachelor’s degree in economics from Harvard University and his doctorate in applied economics from Stanford University.   


Also upcoming ... 

Labour Force Dynamics at the Greater Bay Area on 7 May 2024


To attend the event

The event has already ended.  The video recording will be made available on the IEMS YouTube channel soon.  Please stay tuned to this webpage. 

Prof Park's slides are available here (PDF, 2MB). 


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