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Yu Yongding

Yu Yongding

Writing for PS since 2010
76 commentaries

Yu Yongding, a former president of the China Society of World Economics and director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, served on the Monetary Policy Committee of the People’s Bank of China from 2004 to 2006. 

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  1. Can China Reach Its 2024 Growth Target?
    yu76_STRAFP via Getty Images_china construction STR/AFP via Getty Images

    Can China Reach Its 2024 Growth Target?

    Apr 4, 2024 Yu Yongding argues that, beyond encouraging consumption, the government must ramp up spending on infrastructure this year.

  2. China’s Economic Prospects Are Brighter Than They Appear
    yu75_Jiang QimingChina News ServiceVCG via Getty Images_pboc Jiang Qiming/China News Service/VCG via Getty Images

    China’s Economic Prospects Are Brighter Than They Appear

    Jan 30, 2024 Yu Yongding sees room for more infrastructure investment, the government’s most effective tool to offset weak demand.

  3. Fixing China’s Real-Estate Sector
    yu74_JOHANNES EISELEAFP via Getty Images_ china real estate JOHANNES EISELE/AFP via Getty Images)

    Fixing China’s Real-Estate Sector

    Nov 30, 2023 Yu Yongding suggests three measures the government can take to address property developers’ deteriorating finances.

  4. China’s Policy-Induced Slowdown
    yu73_Jiang QimingChina News Service via Getty Images_PBOC Jiang Qiming/China News Service via Getty Images

    China’s Policy-Induced Slowdown

    Oct 3, 2023 Yu Yongding blames falling growth on overly conservative monetary and fiscal policies, not structural changes.

  5. China’s Response to Decoupling
    yu72_Justin SullivanGetty Image_chinashippingcontainers Justin Sullivan/Getty Images

    China’s Response to Decoupling

    Jun 28, 2023 Yu Yongding takes aim at Chinese and Western leaders who are tempted by the idea of economic decoupling.

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  1. Project Syndicate
    0

    Trump’s Plans for the Fed Would Revive 1970s-Style Inflation

    Maurice Obstfeld

    Former US President Donald Trump, whose preference for lower interest rates and a weaker dollar was evident during his first term, is reportedly planning to override the Federal Reserve’s independence if he returns to the White House in 2025. The result would be a toxic inflationary cocktail.

     thinks the presumptive GOP nominee’s policies reflect an outdated understanding of the economy.
  2. adebajo5_Getty Images_southafricaelection Sean Gallup/Getty Images
    0

    Mandela’s Heirs Face Their Biggest Election Test

    Adekeye Adebajo explains why the African National Congress could lose its 30-year monopoly on power.
  3. dalmia1_DIBYANGSHU SARKARAFP via Getty Images_bjp DIBYANGSHU SARKAR/AFP via Getty Images
    0

    What Explains the BJP’s Rise?

    Gaurav Dalmia

    Why are there such high expectations for the ruling Bharatiya Janata Party in India’s ongoing parliamentary election? Simply put, the party is far better organized than its rivals, and its leader, Narendra Modi, is undeniably the most charismatic Indian prime minister in recent memory.

     ennumerates the reasons why the ruling party has come to dominate the country’s electoral landscape.
  4. zhang66_STRAFP via Getty Images_chinaelectricvehicles STR/AFP via Getty Images
    0

    Why China Provides Evidence for Optimists and Pessimists Alike

    Zhang Jun explains why rigorous, evidence-based assessments of the economy's performance can diverge sharply.
  5. marin27_Sean GallupGetty Images_afd Sean Gallup/Getty Images
    0

    The Zero-Sum Logic Fueling the Rise of Germany’s Far Right

    Dalia Marin thinks that promoting economic growth remains the most effective antidote to nativist sentiments.
  6. velasco147_Tomas CuestaGetty Images_argentinapesos Tomas Cuesta/Getty Images
    0

    Argentina’s Inflation Paradoxes

    Andrés Velasco asks whether President Javier Milei's administration can sustain its initial economic-policy successes.
  7. buruma213_Stephanie KeithGetty Images_palestine college Stephanie Keith/Getty Images)
    1

    The Privileged Gaza Protesters

    Ian Buruma argues that fear of losing rank could be driving students to demonstrate their intersectional bona fides.
  8. krueger54_ Anna MoneymakerGetty Images_CHIPS Anna Moneymaker/Getty Images
    2

    What Mission-Driven Government Means

    Mariana Mazzucato & Rainer Kattel correct common misconceptions about a particular form of state participation in the economy.
  9. haldar33_Sean GallupGetty Images for Burda Media_kahneman Sean Gallup/Getty Images for Burda Media
    1

    The Psychologist Who Convinced Economists that to Err Is Human

    Antara Haldar reflects on the pioneering work and legacy of one of the world’s most influential social scientists.

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