He holds a PhD from the School of Oriental and African Studies , University of London (1957) for his thesis The structure of power in North China during the Five Dynasties . He taught at the University of Malaya (in both Singapore and Kuala Lumpur ) and went to Canberra in 1968 to become Professor of Far Eastern History in the Research School of Pacific and Asian Studies (RSPAS) at the Australian National University . Before going to Canberra, he was one of the founders of the Malaysian political party Gerakan even though he was not personally involved in the party's activities.  He was Vice-Chancellor of the University of Hong Kong from 1988 to 1995. In 2007, Wang became the third person to be named University Professor by the National University of Singapore . 
For investors, the exchange of information is perhaps the most signifcant tax related issue which is yet to be adequately addressed. Countries the world over have signed up to a programme of international information exchange developed by the Organisation for Economic Co-operation and Development (OECD) called the common reporting standard. This results in the automatic exchange of detailed and specifc information about the holders of fnancial accounts to the jurisdiction of their tax residency. It is not yet clear whether a trading account held with a cryptocurrency exchange which does not accept transfers of fat currency, would be taken to be a fnancial account for these purposes.