Chen LI
Associate Professor/BA Programme Director
PhD Development Studies, University of Cambridge
Prof LI Chen is an Associate Professor at the Centre for China Studies, The Chinese University of Hong Kong (CUHK). He is also a Research Fellow (by courtesy) at CUHK’s Lau Chor Tak Institute of Global Economics and Finance (IGEF). He has researched, written and taught on a wide range of issues in China’s political economy, development strategy, public policy, institutional reforms and business environment in the global context, such as China’s state-owned-enterprise reform, financial regulatory reform, government-business relations and industrial & regional development policies. He received his PhD and MPhil in development studies from the University of Cambridge and dual bachelor degrees of law and economics from Peking University. He has been frequently interviewed by international and local media, with views quoted by Fortune, Wall Street Journal, The Economist, Lianhe Zaobao (Singapore) and South China Morning Post, among others. He also regularly contributes opinion pieces to China Daily.
Research Interests
- political economy
- public policy and growth strategy
- governance & institutional analysis
- regulation and financial development
- business history
- value investing and security analysis
Representative Publications
Books and Edited Volumes
| 2015 | Li, Chen. China’s Centralized Industrial Order: Industrial Reform and the Rise of Centrally Controlled Big Business. London and New York: Routledge, 2015. |
Journal Articles & Book Chapters
| 2021 | Li, Chen, Lim, Guanie and Ji, Xianbi. “Chinese Financial Statecraft in Southeast Asia: An Analysis of China’s Infrastructure Provision in Malaysia.” The Pacific Review. |
| 2020 | Li, Chen and Chen, Muyang. “National Champions, Reforms and Industrial Policy in China” in Oxford Handbook of Industrial Policy, edited by Arkebe Oqubay, Christopher Cramer, Ha-Joon Chang and Richard Kozul-Wright. Oxford: Oxford University Press, 2020. |
| 2020 | Li, Chen. “Neoliberalism and Economic Policymaking in Contemporary China” in Economic Neoliberalism and International Development, edited by Michael Tribe. London and New York: Routledge, 2020. |
| 2020 | Li, Chen. “Stock Market, Financial Governance and China’s Innovation.” Hong Kong International Finance Review, No.1 (December 2020): 45-60. |
| 2020 | Li, Chen, Lim, Guanie and Syailendra, Emirza Adi. “Why is It so Hard to Push Chinese Railway Projects in Southeast Asia? The Role of Domestic Politics in Malaysia and Indonesia.” World Development, vol. 138 (February 2021). |
| 2020 | Li, Chen, Zheng, Huanhuan and Liu, Yunbo. “Hybrid Regulatory Regime in Turbulent Times: The Role of State in China’s Stock Market Crisis in 2015-2016.” Regulation & Governance. |
| 2020 | Li, Chen. “Hong Kong’s Economy Navigating Turbulent Times.” East Asian Policy, Vol. 12, No. 01, (2020): 59-71. |
| 2019 | Li, Chen. “China’s Central State Corporatism: the Party and the Governance of Centrally Controlled Businesses”, in The Chinese Communist Party in Action: Consolidating Party Rule. China Policy Series. Routledge, edited by Lance L.P. Gore and Zheng Yongnian. New York: Routledge, 2019. |
| 2016 | Li, Chen. “Holding “China Inc.” Together: The CCP and The Rise of China’s Yangqi.” The China Quarterly 228 (December): 927-949. |
| 2010 | Li, Chen. “How Inevitable is a ‘Clash of Civilizations’?” Journal of Cambridge Studies, 5 (2-3): 104-116. |
Others
| 2021 | Li, Chen. “Time to Unleash the Greater Bay Area’s Wealth Creation.” China Daily, Hong Kong Edition, 28 July 2021. |
| 2021 | Li, Chen. “香港經濟復甦的動力與挑戰.” Wen Wei Po 文匯報, 20-21 July 2021. |
| 2021 | Li, Chen and Chua, Alvin. “At a Turning Point.” China Daily, Global Edition, 4 June 2021. |
| 2021 | Li, Chen. “Short-Term Measures, Long-Term Planning to Navigate Turbulence.” China Daily, Hong Kong Edition, 11 January 2021. |
| 2020 | Li, Chen. “HK’s New Opportunities, Positioning in China’s ‘Dual Circulation’ Plan.”, China Daily, Hong Kong Edition, 28 December 2020. |
| 2020 | Li, Chen. “「雙循環」格局下香港發展的新機遇與新定位” Wen Wei Po 文匯報, 21 December, 2020. |
| 2020 | Li, Chen. “以創新引領中國經濟增長模式的轉型.” Wen Wei Po 文匯報, 1 December, 2020. |
| 2020 | Li, Chen. “Powering Ahead.” China Daily, Global Edition, 30 November 2020. |
| 2020 | Li, Chen. “Big Business Boost.” China Daily, Global Edition, 7 September 2020. |
| 2020 | Li, Chen. “中國大公司的趕超之路.” Wen Wei Po 文匯報, 1 September 2020. |
| 2020 | Li, Chen and Sheng, Andrew. “”摸著石頭過河”：中國股票市場開始走向成熟.” China Daily, 11 August 2020. |
| 2020 | Li, Chen and Sheng, Andrew. “Chinese Stock Exchanges have Come of Age.” China Daily, Global Edition, 7 August 2020. |
| 2020 | Li, Chen. “Hong Kong’s Competitive Advantage still Strong.” China Daily, Global Edition, 21 July 2020. |
| 2020 | Li, Chen. “美國制裁不能撼動香港競爭優勢.” Wen Wei Po 文匯報, 7 July, 2020.
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| 2020 | Li, Chen. “自身競爭優勢才是香港繁榮基石.” Wen Wei Po 文匯報, 18 June, 2020. |
| 2020 | Li, Chen. “Competitive Edge will be Key to HK’s Prosperity.” China Daily, Global Edition, 5 June 2020. |
| 2020 | Li, Chen. “美中止港「特殊貿易地位」威脅多大？.” Sing Tao Daily 星島日報, 29 May 2020. |
| 2020 | Li, Chen. “Will the US Suspend Hong Kong’s ‘Special Trade Status’?” Hong Kong Institution for International Finance (HKIIF) Review, 25 May 2020. |
| 2020 | Li, Chen. “全球市場震盪中的中國機遇.” Wen Wei Po 文匯報, 9 May 2020. |
| 2020 | Li, Chen. “Grey Rhino, Not a Black Swan.” China Daily, Global Edition, 26 March 2020. |
| 2020 | Li, Chen. “Hong Kong’s Economy in 2019 and Outlook for 2020.” East Asian Institute (EAI) Background Briefs No. 1499, 6 February 2020. |
| 2020 | Li, Chen. “Promise of Virtual Money.” China Daily, Global Edition, 14 February 2020. |
| 2019 | Li, Chen. “No Time for Complacency.” China Daily, Global Edition, 13 December 2019. |
| 2019 | Li, Chen, “Quick Fixes Won’t Be Enough for Hong Kong.” China Daily, Global Edition, 1 November 2019. |
| 2019 | Li, Chen. “Patient Capital in Impatient Times.” China Daily, Global Edition, 28 August 2019. |
| 2019 | Li, Chen. “Financing China’s Innovation Economy.” China Daily, Global Edition, 7 August 2019. |
| 2019 | Li, Chen. “Asia’s “Flying Geese”.” China Daily, Global Edition, 22 July 2019. |
| 2019 | Li Chen. “Book Review of China’s Evolving Industrial Policies and Economic Restructuring.” Pacific Affairs, 89(4):868-870. |
| 2013 | Li Chen, Xiao Geng and Andrew Sheng. “China’s Evolving Growth Model.” in Fung Global Institute Working Paper. Hong Kong: Fung Global Institute, 2013. |
| 2013 | Li Chen, Xiao Geng and Andrew Sheng. “The Story of Foshan City: Rethinking the Role of State and Market in China’s Modernization.” in Fung Global Institute Working Research Report. Hong Kong: Fung Global Institute, 2013. |
Current Research Projects
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2018, Hybrid Regulatory Regime and the Role of State in China’s Stock Market Crisis 2014-2015, RGC Early Career Scheme |
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2015, The Political Economy of China’s Central State Corporatism: Chinese Communist Party and Large State-controlled Business Groups, Seed Funding for New Recruits |
Courses Offered
| CHES1000 | Introduction to Chinese Studies |
| UGEC2435 | Business and Government in China |
| CHES2102 | China’s Business Environment in Historical Perspective |
| CHES2109 | State and Market in Modern China |
| CHES3002 | China's Financial Reforms: Problems and Perspectives |
| CHES3011 | Financialization and China’s Development |
| CHES4500 | Thesis Research Paper |
| CHES5159 | Financialization and China’s Development |
| CHES5201 | Independent Study Project |