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Yu Yongding

Yu Yongding

Writing for PS since 2010
79 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 Economy Needs a Stimulus Package
    sheng131Jiang QimingChina News Service via Getty Images_pboc Jiang Qiming/China News Service via Getty Images

    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.

  2. How to Reduce Chinese Overcapacity
    yu78_Kevin FrayerGetty Images_empty steel mill Kevin Frayer/Getty Images

    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.

  3. What the China Pessimists Are Getting Wrong
    yu77_CFOTOFuture Publishing via Getty Images_china consumption CFOTO/Future Publishing via Getty Images

    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.

  4. 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.

  5. 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.

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  1. adebajo12_FADEL SENNAAFP via Getty Images_USmilitaryafrica Fadel Senna/AFP via Getty Images

    What Trump’s Return Means for Africa

    Adekeye Adebajo expects a continuation of America's longstanding attitude of benign neglect toward the continent.
  2. hodgkins1_Ulet IfansastiGetty Images_mine Ulet Ifansasti/Getty Images
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    The False Promise of “Responsible Mining”

    Chelsea Hodgkins lambasts a corporate-led voluntary global standard that would harm communities and pose risks for automakers.
  3. elerian175_Spencer PlattGetty Images_nyse Spencer Platt/Getty Images

    A Baseline Scenario for the Global Economy in 2025

    Mohamed A. El-Erian

    In 2024, global geopolitics and national politics have undergone considerable upheaval, and the world economy has both significant weaknesses, including Europe and China, and notable bright spots, especially the US. In the coming year, the range of possible outcomes will broaden further.

    offers his predictions for the new year while acknowledging that the range of possible outcomes is widening.
  4. ruto6_LUIS TATOAFP via Getty Images_africafloods Luis Tato/AFP via Getty Images

    A New Deal for Developing Countries

    William Ruto explains what climate-vulnerable Africa will need to strengthen their resilience and sustain economic growth.
  5. mazzucato78_James Glossop - WPA PoolGetty Images_starmerinvestment James Glossop/WPA/Pool/Getty Images

    Good Growth Requires Getting Public-Private Partnerships Right

    Mariana Mazzucato worries that a recently unveiled industrial strategy is not structured properly.
  6. delong266_Michael SwensenGetty Image_musk Michael Swensen/Getty Images

    American Idiots

    J. Bradford DeLong considers the implications of Donald Trump and friends' effort to orchestrate an unnecessary government shutdown.
  7. fischer223_Alexander KoernerGetty Images_bundeswehr Alexander Koerner/Getty Images

    Putin’s Setbacks Are Cold Comfort for Europe

    Joschka Fischer considers the implications of Russia's loss in Syria and Donald Trump's imminent return to the White House.
  8. brown115_WAKIL KOHSARAFP via Getty Images_afghanistanwomen Wakil Kohsar/AFP via Getty Images

    Gender Apartheid Is a Crime Against Humanity

    Gordon Brown urges global policymakers to address the Afghan regime’s egregious violations of women and girls' rights.
  9. Matt Gush/Getty Images

    The US Economy’s Trust Deficit

    Michael Spence considers the causes and consequences of Americans’ declining faith in media and government.

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