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Yu Yongding

Yu Yongding

Writing for PS since 2010
72 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. 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.

  2. The Road Back to Growth in China
    yu71_GREG BAKERAFP via Getty Images_chinaconstruction Greg Baker/AFP via Getty Images

    The Road Back to Growth in China

    May 9, 2023 Yu Yongding argues that, with a well-planned fiscal stimulus, the country can arrest its long economic slowdown.

  3. A Good Year for China’s Economy
    yu70_Yang ZhenghuaVCG via Getty Images_china lunar new year Yang Zhenghua/VCG via Getty Images

    A Good Year for China’s Economy

    Feb 13, 2023 Yu Yongding envisions a strong growth rebound in 2023, fueled by optimal fiscal and monetary expansion.

  4. China's Exchange-Rate Challenge
    yu69_FREDERIC J. BROWNAFP via Getty Images_renminbi FREDERIC J. BROWN/AFP via Getty Images

    China's Exchange-Rate Challenge

    Dec 20, 2022 Yu Yongding thinks the government should focus on growth in 2023 and let the market take care of the renminbi.

  5. China’s Fiscal Challenges
    yu68_STRAFP via Getty Images_china construction STR/AFP via Getty Images

    China’s Fiscal Challenges

    Oct 24, 2022 Yu Yongding highlights two barriers to the effective implementation of growth-enhancing infrastructure investment.

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  1. ito31_EVELYN HOCKSTEINPOOLAFP via Getty Images_modibidenlulag20 Evelyn Hockstein/Pool/AFP via Getty Images
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    Whither the G20?

    Takatoshi Ito

    Following the latest G20 summit, the G7 should be thinking seriously about deepening its own ties with more non-aligned countries. If the Ukraine war drags on, and if China continues to threaten to take Taiwan by force, the G20 will be split between friends of the BRICS and friends of the G7.

     sees the grouping as increasingly divided between friends of the G7 and friends of China and Russia.
  2. kitaw1_Per-Anders PetterssonGetty Images_africamining Per-Anders Pettersson/Getty Images
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    Making the Most of Africa’s Strategic Green Minerals

    Marit Kitaw explains how the continent can move beyond resource extraction to build green industry.
  3. frankel128_ plus49Construction PhotographyAvalonGetty Images_emissions plus49Construction PhotographyAvalonGetty Images
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    America Must Join Europe’s Climate Club

    Gary Yohe & Roger Kuhns urge US policymakers to create a carbon-pricing policy in line with the bloc’s emissions-reduction plan.
  4. ydeng1_ Feng LiGetty Images_chinapolicecorruption Feng Li/Getty Images
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    Measuring Corruption in China

    Yongheng Deng & Shang-Jin Wei outline a novel approach to assessing the extent and scope of the country's graft problem.
  5. tyson115_ Chip SomodevillaGetty Images_local reporters Chip Somodevilla/Getty Images
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    To Protect Democracy, Revive Local Journalism

    Laura Tyson & Lenny Mendonca identify promising new models and philanthropic initiatives geared toward supporting independent media.
  6. sjohnson2_ GHIEducation ImagesUniversal Images Group via Getty Images)_chemo GHI/Education Images/Universal Images Group via Getty Images
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    How to Achieve Universal Cancer Care

    Sonali Johnson urges governments worldwide to include the disease in national health-insurance schemes.
  7. roubini181_mmxxmmGetty Images_digitalclimate mmxxmm/Getty Images
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    What Climate Finance Needs

    Nouriel Roubini & Reza Bundy

    To prevent catastrophic climate change and accelerate the global transition to a net-zero economy, policymakers and asset owners urgently need to rethink how we channel capital at scale. The key is to develop new financial instruments that are profitable, liquid, and easily accessible to savers and investors globally.

     explain what it will take to channel private capital and savings toward sustainable development.
  8. galbraith28_ Chip SomodevillaGetty Images_biden Chip Somodevilla/Getty Images
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    Down on the Biden Economy

    James K. Galbraith thinks the failure of wages to keep up with inflation explains much of the public’s dour mood.
  9. norloff2_PM ImagesGetty Images_dollar PM Images/Getty Images
    6

    The Dollar’s Full-Spectrum Dominance

    Carla Norrlöf foresees the greenback’s continued global hegemony owing to network effects and opportunism.

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