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Miao Yanliang

Miao Yanliang

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Miao Yanliang, a member of the China Finance 40 forum, is an adjunct professor at Peking University’s National School of Development. 

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  1. The Dilemma of Central Banking
    miao3_Cavan Images Getty Images_worldmapstockmarketnumbers Cavan Images/Getty Images

    The Dilemma of Central Banking

    Jan 7, 2020 Miao Yanliang & Yanliang Miao explains the dilemma facing monetary policymakers when interest rates get stuck at or near the zero-lower bound.

  2. China’s Quiet Central Banking Revolution
    miao2_SONNY TUMBELAKAAFPGetty Images_governor pboc Sonny Tumbelaka/AFP/Getty Images

    China’s Quiet Central Banking Revolution

    Mar 6, 2019 Miao Yanliang welcomes the Chinese central bank's more open communication and increasingly flexible exchange-rate regime.

  3. The Right Way to Rebalance Trade
    mzhu3_SAUL LOEBAFPGetty Images_trump Saul Loeb/AFP/Getty Images

    The Right Way to Rebalance Trade

    Jan 22, 2019 Min Zhu & Miao Yanliang show why China’s multilateral view is the only way to ensure sustainable long-term growth.

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    Should Ukraine Have Nuclear Weapons?

    Slavoj Žižek dismisses the idea that firing Western missiles at Russian targets represents a dangerous escalation.
  2. fischer122_NurPhotoGettyImages_berlin_wall_35th_leaders1 NurPhoto/Getty Images
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    The End of the Liberal West

    Joschka Fischer considers what Donald Trump’s return to the White House will mean for Europe and the post-war world order.
  3. op_disparte1_SadikDemirozGetty Images_digitaldollar FREDERIC J. BROWN/AFP via Getty Images
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    Trump’s Inflationary Triple Threat

    Maurice Obstfeld

    Contrary to the claims of techno-libertarians like Elon Musk, independent central banks have a decades-long record of successfully controlling inflation. Yet, as the Federal Reserve’s credibility and oversight capabilities become more critical than ever, US President-elect Donald Trump’s policies threaten to undermine them.

     warns that the incoming administration’s agenda would weaken the Fed and destabilize the financial system.
  4. BP trump china MARK RALSTON/AFP via Getty Images
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    What Will Trump Do About China?

    US President-elect Donald Trump campaigned on a promise to take a confrontational approach to China, with tariffs as his weapon of choice. But unless his administration adopts a measured approach, his plans may end up harming American businesses and consumers, undermining US democracy, or even leading to military confrontation.

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    The Big Picture

    PS editors
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    Human Progress in the Trump Era

    Tawakkol Karman, et al. propose ways to foster a culture of cooperation at a time of rising conflict and democratic erosion.
  7. frankel166_JemalCountessGettyImages_national_debt Jemal Countess/Getty Images
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    Elon Musk’s $2 Trillion Fiscal Fantasy

    Jeffrey Frankel dives into the incoming US administration’s absurd claim that fresh tax cuts will not increase the deficit.
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    The Deal Trump Should Offer China

    Todd G. Buchholz proposes that the incoming US administration push for a debt write-off and market access instead of tariffs.
  9. muzikarova7_NurPhotoGettyImages_cyberconference_poland NurPhoto/Getty Images
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    Central and Eastern Europe’s Bid for AI Dominance

    Soňa Muzikárová outlines steps policymakers can take to harness the technology’s potential to boost growth and prosperity.

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