David Daokui Li
{{Short description|Chinese economist}}
{{other people|David Li}}
{{family name hatnote|Li|lang=Chinese}}{{Infobox person
| honorific_prefix =
| name = Li Daokui
| image = David Li Daokui - Annual Meeting of the New Champions Dalian 2009.jpg
| native_name = 李稻葵
| birth_date = {{Birth date and age|1963|12|22}}
| birth_place = Beijing, China
| nationality = Chinese
| education = Harvard University (PhD - Economics)
| children =
}}
Li Daokui ({{zh|c=李稻葵|p=Lǐ Dàokúi}}; born 22 December 1963) is a Chinese economist and the Mansfield Freeman Professor of Economics and director of the Center for China in the World Economy (CCWE) at Tsinghua University's School of Economics and Management, where he teaches courses on economic transition, corporate finance, international economics, and China's economy. In 2013, Li was appointed the founding dean of the Schwarzman Scholars program at Tsinghua University.{{Cite news |last=Bradsher |first=Keith |date=2013-04-20 |title=$300 Million Scholarship for Study in China Signals a New Focus |url=https://www.nytimes.com/2013/04/21/world/asia/us-financier-backs-china-scholarship-program.html |url-status=live |archive-url=https://web.archive.org/web/20191106165715/https://www.nytimes.com/2013/04/21/world/asia/us-financier-backs-china-scholarship-program.html |archive-date=2019-11-06 |access-date=2020-08-27 |work=The New York Times |language=en-US |issn=0362-4331}}{{Cite news |last=Allen-Ebrahimian |first=Bethany |date=January 11, 2020 |title=The Moral Hazard of Dealing With China: Academic institutions must grapple with the question of when engagement becomes complicity. |url=https://www.theatlantic.com/international/archive/2020/01/stephen-schwarzman-china-surveillance-scholars-colleges/604675/ |url-status=live |archive-url=https://web.archive.org/web/20200115165614/https://www.theatlantic.com/international/archive/2020/01/stephen-schwarzman-china-surveillance-scholars-colleges/604675/ |archive-date=15 January 2020 |access-date=27 August 2020 |work=The Atlantic}}
Li Daokui is a part of an academic trio that replaced Fan Gang to the Monetary Policy Committee of the People's Bank of China (PBOC), China's central bank."China Names Three Economists to PBOC Monetary Policy Committee" March 29, 2010, Bloomberg He is a former member of the Chinese People's Political Consultative Conference (CPPCC). He is the author of China's World View: Demystifying China to Prevent Global Conflict.{{Cite web |title=The future of ‘communist capitalism’ in China |url=https://www.ft.com/content/58bb9713-2d71-4a50-b825-f7213907491b?segmentId=b385c2ad-87ed-d8ff-aaec-0f8435cd42d9 |access-date=2024-03-16 |website=www.ft.com |archive-date=2024-03-16 |archive-url=https://web.archive.org/web/20240316043949/https://www.ft.com/content/58bb9713-2d71-4a50-b825-f7213907491b?segmentId=b385c2ad-87ed-d8ff-aaec-0f8435cd42d9 |url-status=live }}
Career
Li has held numerous positions in academia. These include a visiting scholarship at the Center for International Development (CID) of the Harvard Kennedy School (1986), assistant professor at the University of Michigan-Ann Arbor, research fellow at the Hoover Institute of Stanford University, and professor and deputy director of the Economic Development Research Center of Hong Kong University of Science and Technology.{{cn|date=September 2024}}
Li has also served as the editor for the Journal of Comparative Economics from 2000 to 2003 and the Economics Bulletin. He returned to China in 2004 to teach at his alma mater, Tsinghua, and to serve as head of the Center for China in the World Economy research center.{{Citation needed|date=March 2021}}
From 2016 to 2018, Li was a member of the monetary policy committee of China's central bank.{{Cite news |last=Bradsher |first=Keith |date=2016-08-12 |title=Trillions in Murky Investments Could Rock China’s Economy |url=https://www.nytimes.com/2016/08/13/business/international/murky-investments-pose-china-risk.html |access-date=2024-09-02 |work=The New York Times |language=en-US |issn=0362-4331 |archive-date=2023-09-29 |archive-url=https://web.archive.org/web/20230929181337/https://www.nytimes.com/2016/08/13/business/international/murky-investments-pose-china-risk.html |url-status=live }} He was succeeded by Dingo Xu on the board of JD.com in 2018.{{cite web |url=https://fashionunited.uk/news/people/professor-dingbo-xu-appointed-to-jd-com-s-board-of-directors/2018052229777 |title=Professor Dingbo Xu appointed to JD.com's board of directors |author=Prachi Singh |date=May 22, 2018 |website=www.fashionunited.com |publisher=Fashion United |access-date=May 22, 2018}}
In August 2020, Li stated China could restrict exports of medicine to the U.S. in response to American technology export restrictions on China.{{Cite news|last=Zhou|first=Cissy|date=26 August 2020|title=China could weaponise drug exports to retaliate against US chip restrictions, Beijing adviser says|work=South China Morning Post|url=https://www.scmp.com/economy/china-economy/article/3098940/china-could-weaponise-drug-exports-retaliate-against-us-chip|url-status=live|access-date=27 August 2020|archive-url=https://web.archive.org/web/20200827012336/https://www.scmp.com/economy/china-economy/article/3098940/china-could-weaponise-drug-exports-retaliate-against-us-chip|archive-date=27 August 2020}}
In 2023, a study by Li concluded that local government debt in China was 50% higher than previously estimated by the IMF and World Bank.{{Cite news |last=Jia Yuxuan and Shangjun Yang |date=22 December 2023 |title=China's local govt debt in 2020 was 50% higher than WB, IMF estimates: David Daokui Li |url=https://www.eastisread.com/p/chinas-local-govt-debt-in-2020-was |access-date=5 January 2023 |work=The East is Read |archive-date=25 December 2023 |archive-url=https://web.archive.org/web/20231225001554/https://www.eastisread.com/p/chinas-local-govt-debt-in-2020-was |url-status=live }} The study found that the majority of debts were for infrastructure, and the level of debt was unsustainable without central government support.
References
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Category:20th-century Chinese economists
Category:Harvard University alumni
Category:University of Michigan faculty
Category:Academic staff of Tsinghua University
Category:Economists from Beijing
Category:Educators from Beijing