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China needs more education, higher wages to advance, Lawrence Lau says

South China Morning PostCenter-RightEN 1 min read 100% complete by Josephine MaJanuary 30, 2026 at 03:00 AM
China needs more education, higher wages to advance, Lawrence Lau says
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Lawrence Lau, a Hong Kong economist specializing in economic development and East Asian economies, believes China needs to prioritize education and higher wages to further advance its economy. Lau, formerly a professor at Stanford University and vice-chancellor of the Chinese University of Hong Kong, currently holds the Ralph and Claire Landau Professor of Economics chair at the same university. The interview with Lau is part of the SCMP Plus "Open Questions" series. The economist's expertise in East Asian economies makes his insights on China's future development particularly relevant.

Key Entities & Roles

Key Player Opposition Context
United States 50% Stanford University 60% Hong Kong ×270% Chinese University of Hong Kong 70% China 80% Lawrence J. Lau ×290%

Keywords

economic development 90% education 80% china 70% wages 70% east asian economies 60% economist 50%

Sentiment Analysis

Positive
Score: 0.20

Source Transparency

Source
South China Morning Post
Political Lean
Center-Right (0.50)
Far LeftCenterFar Right
Classification Confidence
85%

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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economic developmenteducationchinawageseast asian economieseconomist
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