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Eric X. Li

From Wikipedia, the free encyclopedia
Chinese venture capitalist (born 1968)

Eric Xun Li
李世默
Li in 2019
Born
Li Shimo

(1968-05-04)May 4, 1968 (age 57)[1]
Alma mater
OccupationsVenture capitalist, political scientist
Chinese name
Chinese李世默
Transcriptions
Standard Mandarin
Hanyu PinyinLǐ Shìmò

Eric Xun Li,[2] bornLi Shimo (Chinese:李世默; born May 4, 1968),[1] is a Chineseventure capitalist and political scientist. He founded the Chinese nationalist news siteGuancha.cn (观察者网),[3][4] and is a member of the board of directors at theChina Europe International Business School,[5] as well as a trustee of the China Institute atFudan University.[6] Li has several opinion pieces published inWestern media outlets where he criticizesliberal democracy and praises what he calls the "Chinese meritocratic system" and the Chinese political leadership.

Early life and education

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Li was born inShanghai and raised by his grandmother, while his parents worked as academics in Beijing.[7] He went to the United States for higher education in the late 1980s. He received his BA in economics from theUniversity of California, Berkeley, and an MBA from theGraduate School of Business atStanford University. He later received a PhD in political science fromFudan University.[8]

Business ventures

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In 2000, Eric Li returned to China and established Chengwei Capital, an evergreen venture capital fund headquartered in Shanghai. With a cumulative total investment exceeding $2 billion U.S. dollars, the firm has invested in over 100 companies across various sectors such as communication software, enterprise software, financial services, IC design, niche component manufacturing, healthcare, and media.[9][10] Its top investments includeSunny Optical Technology,AAC Technologies,Sungrow Power Supply,Hanting Hotel,Youku,China Renaissance, AInnovation, andRoivant Sciences. Its current investment portfolio also includes a number of unicorns, among them,Hellobike,WM Motor, Baibu, XAG,Sila Nanotechnologies, andStarFive. He serves as a member of the board of directors of the RISC-V International Association.[11]

Views

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Li is the founder ofGuancha.cn, a digital news platform.[12] Zihao Chen ofUniversity College London viewed the site as an online entity with "very conservative political attitudes".[13]

In anop-ed he wrote forThe New York Times in 2012, he said that China needed a different development framework around a different idea of modernity.[14]

In a 2012 op-ed and a 2013TED Talk, Li advocated for China's one-party state on the grounds of "pluralism", saying that China has prospered under a "meritocratic system" and alleviated poverty without elections, and that its system is superior to Western democracy in several respects.[15][16][17] Some commentators have deemed Li's talk to be pro-China propaganda spread on a Western platform, using Western-style arguments and flexible rhetorics.[17][18]

In a 2018 opinion piece he wrote forThe Washington Post, Li argued it was "a good thing" thatGeneral Secretary of the Chinese Communist Party andparamount leaderXi Jinping abolished histwo-term limits for governing the country.[19] In a 2020 op-ed he wrote forForeign Policy, Li said that Xi is a "good emperor".[20]

In a 2020 interview withDavid Barboza, Eric Li described the China Policy of theTrump administration as an "irrational rivalry".[21]

In a 2021 opinion piece he wrote forThe Economist, Li criticized liberal democracy in favor of the "current Chinese government" (which he described as a different form of democracy).[22]

Affiliations

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Li also serves on the board of directors ofChina Europe International Business School (CEIBS), the board of Stanford University's Graduate School of Business and the Freeman Spogli Institute (FSI). He is a trustee of Fudan University's China Institute, a trustee of theBerkeley Art Museum and Pacific Film Archive of the University of California, Berkeley, a trustee of theSan Francisco Symphony, a trustee of Asia Society Hong Kong, a member of the international board of theNew York Philharmonic, a member of the Council of theInternational Institute for Strategic Studies (IISS), which organizes the annualShangri-La Dialogue.[23][24][25][26][6]

Published works

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Books

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  • Party Life: Chinese Governance and the World Beyond Liberalism. Palgrave Macmillan Singapore. 2023.[27]

Articles

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References

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  1. ^abEng, Karen Frances (June 13, 2013)."A tale of two systems: Eric X. Li at TEDGlobal 2013".TED Blog. RetrievedFebruary 4, 2022.
  2. ^ab"OneSmart International Education Group Limited".Securities and Exchange Commission. December 31, 2019. RetrievedJuly 6, 2021.
  3. ^Shepherd, Christian (October 4, 2020)."China rolls out experimental Covid vaccine as it eyes global market".Financial Times.Archived from the original on September 13, 2021.
  4. ^de Sá, Nelson (June 27, 2021)."China can do what it says to be strong, Lula tells Guancha".The Sentinel.Kennesaw State University. RetrievedDecember 10, 2021.
  5. ^"Eric X. Li".TED.com. RetrievedSeptember 13, 2021.
  6. ^ab中国研究院理事会 [China Institute Board of Trustees].cifu.fudan.edu.cn (in Chinese). Fudan University. Archived fromthe original on February 6, 2017. RetrievedJune 26, 2018.
  7. ^"An International Spokesman for Chinese Nationalism".
  8. ^Rachman, Gideon (February 7, 2020)."Eric Li: 'How do you block a country of 1.4bn people?'".Financial Times. RetrievedDecember 10, 2021.
  9. ^Mitchell, Gareth (December 21, 2021)."TandemAI Announces $25 million Seed & Pre-series A Financing led by OrbiMed and Chengwei Capital".TandemAI. RetrievedMarch 30, 2023.
  10. ^"Chengwei Capital - Wiki".Golden. RetrievedMarch 30, 2023.
  11. ^"Board of Directors – RISC-V International". RetrievedMarch 30, 2023.
  12. ^"Eric Li".agln.aspeninstitute.org.Aspen Institute. RetrievedDecember 10, 2021.
  13. ^Chen, Zihao (2021)."The Populism Expression of Chinese Social Media During Coronavirus Pandemic: A Case Study on FangFang's 'Wuhan Diary' Under Her Weibo Account".Proceedings of the 2021 5th International Seminar on Education, Management and Social Sciences (ISEMSS 2021). Advances in Social Science, Education and Humanities Research. Vol. 571.University College London. p. 325.doi:10.2991/assehr.k.210806.060.ISBN 978-94-6239-414-8.S2CID 237510566.{{cite book}}: CS1 maint: location missing publisher (link)
  14. ^Li, Eric X. (February 16, 2012)."Opinion | Why China's Political Model Is Superior".The New York Times. RetrievedDecember 10, 2021.
  15. ^Bell, Daniel; Li, Eric (November 12, 2012)."In defence of how China picks its leaders".Financial Times. RetrievedDecember 10, 2021.
  16. ^"Eric X. Li: A tale of two political systems".TED.com. June 2013. RetrievedDecember 10, 2021.
  17. ^abCarlson, Benjamin (August 9, 2013)."The TED talk as propaganda vehicle".MinnPost. RetrievedFebruary 22, 2022.
  18. ^Luqiu, L.R. (2018).Propaganda, Media, and Nationalism in Mainland China and Hong Kong. Lexington Books. p. 11.ISBN 978-1-4985-7315-3. RetrievedFebruary 22, 2022.
  19. ^Li, Eric X. (April 2, 2018)."Opinion | Why Xi's lifting of term limits is a good thing".The Washington Post. Archived fromthe original on May 30, 2020. RetrievedDecember 7, 2021.
  20. ^Li, Eric (May 14, 2020)."Xi Jinping Is a 'Good Emperor'".Foreign Policy. RetrievedJuly 23, 2021.
  21. ^Barboza, David (November 16, 2020)."Eric X. Li on China's Success, America's Failure and the Irrational Rivalry".The Wire China.
  22. ^"Eric Li on the failure of liberal democracy and the rise of China's way".The Economist. December 8, 2021. Archived fromthe original on February 21, 2022. RetrievedDecember 9, 2021.
  23. ^"Eric X. Li".IISS.org.International Institute for Strategic Studies. Archived fromthe original on April 28, 2014. RetrievedDecember 22, 2016.
  24. ^Caryl, Christian (October 15, 2014)."Sorry, Eric X. Li, Democracy Is Not the Problem".Foreign Policy. RetrievedDecember 22, 2016.
  25. ^Carlson, Benjamin (August 11, 2013)."When a TED talk is a propaganda tool".Salon.com. RetrievedDecember 22, 2016.
  26. ^Baker, David R. (January 13, 2016)."Eric X. Li talks about VC, innovation in China".San Francisco Chronicle. RetrievedDecember 22, 2016.
  27. ^Li, Eric (2023).Party Life.doi:10.1007/978-981-99-4522-1.ISBN 978-981-99-4521-4.

Further reading

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External links

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Media related toEric Xun Li at Wikimedia Commons

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