Globalisation’s tireless advocate Victor Fung feted for a lifetime praising the virtues of a shared world
- The 74-year-old Hong Kong businessman is busier than ever, flying the world giving lectures and advocating change for a better world
- The honorary chairman of Li & Fung is the winner of the Lifetime Achievement Award at this year’s DHL-SCMP Hong Kong Business Awards
Fung, 74, spoke at 31 seminars and conferences around the world in the past two years at the rate of more than one every month, 10 of which were on globalisation, a subject very close to his heart and the source of three generations of wealth for his family.
He believes that the stronger influence of China and other economic powers will see the world transform from a unipolar leadership model dominated by the US to a multipolar system led by five to 10 nations.
“The world needs a new form of multilateralism, we need a new system to accommodate the technological changes, geopolitical changes and a new focus on sustainability,” he said in an interview with the South China Morning Post. “How we can re-conceptualise the global multilateral system is important for the next stage of the world’s development.”
