Yu Yongding
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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China’s Economy Needs a Stimulus Package
China’s Economy Needs a Stimulus Package
Oct 2, 2024 Yu Yongding urges policymakers to prevent prolonged stagnation by implementing expansionary monetary and fiscal policies.
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How to Reduce Chinese Overcapacity
How to Reduce Chinese Overcapacity
Jul 30, 2024 Yu Yongding thinks fiscal and monetary expansion could help address a controversial feature of China’s economy.
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What the China Pessimists Are Getting Wrong
What the China Pessimists Are Getting Wrong
May 21, 2024 Yu Yongding rejects gloomy narratives about the economy’s prospects and proposes ways to revive growth.
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Can China Reach Its 2024 Growth Target?
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.
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China’s Economic Prospects Are Brighter Than They Appear
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.
