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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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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.
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Fixing China’s Real-Estate Sector
Fixing China’s Real-Estate Sector
Nov 30, 2023 Yu Yongding suggests three measures the government can take to address property developers’ deteriorating finances.
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China’s Policy-Induced Slowdown
China’s Policy-Induced Slowdown
Oct 3, 2023 Yu Yongding blames falling growth on overly conservative monetary and fiscal policies, not structural changes.