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Yang Yao

Yang Yao

20 commentaries

Yang Yao is Liberal Arts Chair Professor at the China Center for Economic Research and the National School of Development at Peking University.

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  1. How to Tackle China’s Overcapacity Problem
    yao20_TATAN SYUFLANAPOOLAFP via Getty Images_yellenchina Tatan Syuflana/POOL/AFP via Getty Images

    How to Tackle China’s Overcapacity Problem

    Apr 10, 2024 Yang Yao argues that insufficient demand and the lack of a vibrant capital market mean savings must be invested abroad.

  2. Is the Chinese Miracle Over?
    yao19_PEDRO PARDOAFP via Getty Images_china real estate PEDRO PARDO/AFP via Getty Images

    Is the Chinese Miracle Over?

    Jan 4, 2024 Yang Yao argues that the economy’s weak recent performance is a temporary consequence of necessary policy interventions.

  3. Will the Ukraine War Ease US-China Tensions?
    yao18_ Jin MamengniXinhua via Getty Images_china us relations Jin Mamengni/Xinhua via Getty Images

    Will the Ukraine War Ease US-China Tensions?

    Apr 1, 2022 Yang Yao views the conflict as a potential turning point for the bilateral relationship, at least in the economic arena.

  4. The Open Secret of Development Economics
    yao17_STRAFPGetty Images_textileworkerchina STR/AFP/Getty Images

    The Open Secret of Development Economics

    Oct 22, 2019 Yang Yao points out that the playbook for climbing the income ladder has been known since the 1950s.

  5. China’s Modernization Ambitions
    VCG via Getty Images VCG/VCG via Getty Images

    China’s Modernization Ambitions

    Feb 13, 2018 Yang Yao considers the key challenges confronting Xi Jinping's promise to build a “fully modern” economy by 2035.

  1. brown107_Jeff J Mitchell - Pool Getty Images_covidvaccine Jeff J. Mitchell/Pool/Getty Images
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    Getting the Pandemic Treaty Across the Finish Line

    Gordon Brown

    Just as governments are working tirelessly to conclude negotiations on a new pandemic treaty, a torrent of misinformation and fake news has been unleashed to undermine the process. For the sake of current and future generations, policymakers must resist the propaganda and get the job done.

     hopes negotiations will conclude this month, and pushes back on a last-minute wave of misinformation.
  2. singer231_Michael M. SantiagoGetty Images_college protests Michael M. Santiago/Getty Images
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    When Is Criticism of Israel Anti-Semitic?

    Peter Singer rejects comparisons of the recent US campus protests to the actions of Nazi student groups in the 1930s.
  3. Project Syndicate
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    Trump’s Plans for the Fed Would Revive 1970s-Style Inflation

    Maurice Obstfeld thinks the presumptive GOP nominee’s policies reflect an outdated understanding of the economy.
  4. adebajo5_Getty Images_southafricaelection Sean Gallup/Getty Images
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    Mandela’s Heirs Face Their Biggest Election Test

    Adekeye Adebajo explains why the African National Congress could lose its 30-year monopoly on power.
  5. dalmia1_DIBYANGSHU SARKARAFP via Getty Images_bjp DIBYANGSHU SARKAR/AFP via Getty Images
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    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.
  6. zhang66_STRAFP via Getty Images_chinaelectricvehicles STR/AFP via Getty Images
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    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.
  7. marin27_Sean GallupGetty Images_afd Sean Gallup/Getty Images
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    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.
  8. velasco147_Tomas CuestaGetty Images_argentinapesos Tomas Cuesta/Getty Images
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    Argentina’s Inflation Paradoxes

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

    Ian Buruma argues that fear of losing rank could be driving students to demonstrate their intersectional bona fides.

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