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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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    Why Are So Many Indians Fleeing to America?

    Shashi Tharoor points out that even middle-class families increasingly see no future in their home country.
  2. eichengreen198_JENS SCHLUETERAFP via Getty Images_volkswagen Jens Schlueter/AFP via Getty Images
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    The Crisis that Germany Needs

    Barry Eichengreen argues that the country's economic woes reflect decades-old institutions that are no longer fit for purpose.
  3. coyle40_Rebecca NobleGetty Images_bidenintel Rebecca Noble/Getty Images
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    Successful Industrial Policy Requires Industry Experts

    Diane Coyle thinks governments need to rebuild capacities they abandoned decades ago.
  4. zhang69_Vincent IsoreIP3Getty Images_chinabusinessmen Vincent IsoreI/P3/Getty Images
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    China’s Fast-Changing Economic Adjustments

    Zhang Jun outlines policymakers' task as the country's growth model confronts new sources of uncertainty.
  5. tyson121_Anna MoneymakerGettyImages_musk_ramaswamy Anna Moneymaker/Getty Images
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    Why DOGE and Musk Will Fail

    Laura Tyson & Lenny Mendonca identify a fundamental flaw in the design of Elon Musk’s “Department of Government Efficiency.”
  6. barfi28_AnadoluGettyImages_hafez_alassad_statue_downed Anadolu/Getty Images
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    Syria’s House of Cards

    Barak Barfi

    External factors surely contributed to the Syrian regime’s vulnerability in the face of a new rebel advance. But the primary cause of President Bashar al-Assad’s downfall is that he presided over a disintegrating social contract, enabling his enemies to forge new coalitions organized around meeting the everyday needs of Syria’s people.

     explains why Bashar al-Assad’s government collapsed so quickly, placing most of the blame on Assad himself.
  7. gregorova1_Carol YepesGetty Images_messagesencryption Carol Yepes/Getty Images
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    Will Your Encrypted Messages Remain Private in Europe?

    Markéta Gregorová worries about a proposed regulation that would undermine a fundamental right in the digital domain.
  8. benami220_AnadoluGettyImages_damascus_celebration Anadolu/Getty Images
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    The Fall of the House of Assad

    Shlomo Ben-Ami

    The Middle East’s geopolitical landscape has been transformed by the swift collapse of Syria’s al-Assad dynasty. While the Iranian-led “axis of resistance” now appears hollowed out, an Islamist regime in Damascus may prove deeply unsettling not only to Israel, but also to the region’s Arab states.

     agrees with Iran’s former vice president that the Syrian regime’s collapse will transform the Middle East.
  9. gortiz3_Eyepix GroupGettyImages_sheinbaum_pressconf Eyepix Group/Getty Images
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    How Trump’s Return Could Benefit Mexico

    Guillermo Ortiz thinks the country and its new president could benefit from going back to the negotiating table with the US.

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