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"Education will be one of the fastest-growing industries and worthy of investment in this age of AI," he said.

"Despite policy experience, wishful thinking persists that government policy can somehow shift significant populations from capital cities to regions...But it is a dangerous fantasy. It provides an excuse for governments to avoid making the hard decisions that would improve housing affordability and how our cities work," the institute said in its "orange book" of priorities for the next government.

"Fed funds futures are pricing in a 100 percent chance of a 50-basis-point rate cut at the Federal Open Market Committee's March meeting," said Khan, adding that Goldman Sachs said Sunday it expects rates to come down another 50 basis points in the second quarter.

"Definitely. Remember when 16 classmates couldn't go to school last month because they had the flu? This pneumonia-like virus is more dangerous. In 2003, a similar virus called SARS (severe acute respiratory syndrome) broke out in China, infecting thousands and claiming 700 lives globally. You were not born then."

"Every day I try to put myself in a position where I can experience this growth firsthand and actually contribute to the Chinese economy in a small way but still feel like I am involved," he said.