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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. Anadolu/Getty Images

    Democracy Needs Workers

    Bartosz M. Rydliński urges center-left parties in the West to reconnect with voters who increasingly support far-right populists.
  2. op_acemoglu6_Getty Images_AI Getty Images
    Free to read

    The World Needs a Pro-Human AI Agenda

    Daron Acemoglu

    Judging by the current paradigm in the technology industry, we cannot rule out the worst of all possible worlds: none of the transformative potential of AI, but all of the labor displacement, misinformation, and manipulation. But it’s not too late to change course.

    fears that the tech industry’s current priorities will result in the worst of all possible worlds.
  3. fofack30_ Andrew BurtonGetty Images_trump Andrew Burton/Getty Images

    Big Money Beat Bigger Money in the US Election

    Hippolyte Fofack warns that the ultra-rich are corroding US democracy, even if they can’t always spend their way to power.
  4. rogoff256_Sean GallupGetty Images_brandenburg airport Sean Gallup/Getty Images

    Europe’s Economy Is Stalling Out

    Kenneth Rogoff explains why the EU’s long-term economic slump is not likely to end anytime soon.
  5. agar8_Heritage Images GettyImages_retrofuturism Heritage Images/Getty Images

    The Techno-Realist Manifesto

    Nicholas Agar & Stuart Whatley question the widespread belief that all our biggest problems will soon succumb to engineered solutions.
  6. sierakowski113_Sean GallupGetty Images)_merkel Sean Gallup/Getty Images

    Has Angela Merkel No Shame?

    Sławomir Sierakowski marvels at the former German chancellor’s denial of her own role in Europe’s current malaise.
  7. james224_Francis LochonGettyImages_ussr_dolls Francis Lochon/Getty Images

    Is America the Next Soviet Union?

    Harold James sees parallels between the United States’ political dysfunction and that of its twentieth-century adversary.
  8. haass174_Mohammad AbushamaAnadolu via Getty Images_ceasefire Mohammad Abushama/Anadolu via Getty Images

    A New Chance for the Middle East

    Richard Haass sees hope for long-term ceasefires in Lebanon and Gaza if political leaders recognize their own interests.
  9. naim1_MirrorpixGettyImages_harold_macmillan_resignation Mirrorpix/Getty Images

    The Unpleasant Surprises That Await Trump

    Moisés Naím thinks the US president-elect – and his voters – are in for a rude domestic and international awakening.

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