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David Daokui Li

  • Professor of economics, Tsinghua University in Beijing
  • Author, China's World View: Demystifying China to Prevent Global Conflict

About

An important voice for our times, Dr. David Daokui Li helps the Western world better understand Chinese perspectives. A leading economist trained in the US, Hong Kong, and mainland China, Dr.  Li is a professor of economics at Tsinghua University in Beijing, which is ranked among the top 25 global universities. At Tsinghua University, David is the Director of the Academic Center for Chinese Economic Practice and Thinking (ACCEPT).

Instructive for governments and businesses, Dr. Li covers a range of topics including government and economics, economic development, comparative economics, and the Chinese economy. He draws from policy discussions and meetings with high-level officials inside and outside China to shed light on Chinese economic and political systems and reframe their inner workings for a Western audience.

In his recent book, China's World View: Demystifying China to Prevent Global Conflict, Dr. Li offers an urgently needed exposition of China's goals and perspective on its position in the world. In his view, tensions between China and the West primarily stem from misunderstanding. Dr. Li maintains that, with mutual learning, Chinese and Western systems will eventually find ways to coexist peacefully. According to Jeffrey Sachs, China's Worldview is “a wise approach that points the way to a more peaceful, prosperous, and harmonious world.“ While Larry Summers stated, “Li's book is worthy of serious consideration by anyone who cares about the future of the world's system.”

His previous book, Economic Lessons from China's Forty Years of Reform and Opening-up, divulged five key takeaways from China's major economic reform and growth.

Professor Li is the Mansfield Freeman Chair Professor of Economics and Director of the Center for China in the World Economy (CCWE) at Tsinghua University. He was the founding Dean of the Schwarzman College of Tsinghua University from 2014 to 2017.

Between 2008 and 2023, Dr. Li served as a member of the Chinese People's Political Consultative Conference (CPPCC). He was an advisor at the People's Bank of China (PBOC) from 2010 to 2012 and the first Chief Economist of the New Development Bank.

Together with Nobel Laureate of Economics Eric S. Maskin, he is Co-president of the Society for the Analysis of Government and Economics (SAGE).

Dr. Li frequently participates in discussions with leading intellectuals and other figures from around the world and is regularly cited in the Wall Street Journal, Financial Times, Bloomberg, New York Times, South China Morning Post, and more for his insights into Chinese economic policies and their impact on the global marketplace.

Professor Li holds a Ph.D. in Economics from Harvard University. He obtained his B.S. from Tsinghua University in 1985 as a member of the first cohort of graduates of the School of Economics and Management.

Content

News

Topics

  • How China is Changing the Rules of Global Markets. Dr.7nbsp;David Daokui Li is a preeminent economist and top advisor to Chinese Senior Leaders. In response to growing anti-Chinese sentiment and a looming feeling of the threat of war, Dr. Li reveals the fascinating inner workings, goals, and values of a rising superpower and lays out the implications for governments and global markets.

    In this timely discussion, Dr. Li examines the repercussions and opportunities of China's growth as he helps audiences understand how China works—and how to work with it. By demystifying contemporary Chinese society, Li helps audiences reconceptualize China and understand the implications of its growth. Holding the view that China's rise will benefit the global order, Dr. Li shares his belief that through mutual learning and understanding, China and the West will find a way to peacefully coexist.

  • What the World Can Learn from China's Economic Growth & the Rise of the RMB. Many Westerners imagine that China's economy and society are as rigid and ideological as Soviet Russia's. In this far-reaching exploration of China's economy, Dr. David Daokui Li takes an economic and political system that baffles Westerners and reframes it as coherent, sophisticated, and logical. From state-owned enterprises, private businesses, the stock market, education, media, and the internet to real estate, the environment, and much more, Dr. Li reveals all the ways that China's economy and society are, in fact, diverse, dynamic, and flexible.

    By bringing audiences behind the scenes into high-level meetings attended by the likes of Xi Jinping, Dr. Li demonstrates China's approach to governance. He draws from centuries of history, including Confucian philosophy, imperial dynasties, Chairman Mao, and Deng Xiaoping, and highlights their lasting impact on China's current leadership. As Dr. Li explains, China's approach to governance is built on unwavering historical and sociocultural fundamentals thousands of years in the making.

  • Stimulating Growth in Tough Times. From tariffs to trade wars, the global economy is precarious at best. Growth is not always possible, but consumer optimism is necessary for a healthy market and maintaining global order. However, consumer spending depends on individual behavior, and people are increasingly skeptical about their prospects and the likely growth of the market. Subsequently, they are increasingly cautious about spending their money.

    In this practical talk, top economist Dr. David Daokui Li outlines how governments and businesses can intervene to jumpstart the economy and improve consumer optimism. Dr. Li explains how certain concessions promote consumption and stimulate the economy immediately, with a long-term goal of escalating profits for manufacturers, further expanding employment and procurement, and ultimately stabilizing the economy at scale.

Keywords: economy, the future of china’s economy, china belt and road initiative, global economy

Book David Daokui Li