Lawrence Lau on why China must ‘work smarter’ and how it can invent from scratch

Lawrence J. Lau is a Hong Kong economist specialising in economic development and East Asian economies. He was a professor of economics at Stanford University before serving as vice-chancellor and president of the Chinese University of Hong Kong until 2010. Lau has held the Ralph and Claire Landau Professor of Economics chair at the university since 2007. This interview first appeared in SCMP Plus. For other interviews in the Open Questions series, click here. What is your take on China’s drive...