Yang Yao
Yang Yao is Liberal Arts Chair Professor at the China Center for Economic Research and the National School of Development at Peking University.
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How to Tackle China’s Overcapacity Problem
How to Tackle China’s Overcapacity Problem
Apr 10, 2024 Yang Yao argues that insufficient demand and the lack of a vibrant capital market mean savings must be invested abroad.
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Is the Chinese Miracle Over?
Is the Chinese Miracle Over?
Jan 4, 2024 Yang Yao argues that the economy’s weak recent performance is a temporary consequence of necessary policy interventions.
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Will the Ukraine War Ease US-China Tensions?
Will the Ukraine War Ease US-China Tensions?
Apr 1, 2022 Yang Yao views the conflict as a potential turning point for the bilateral relationship, at least in the economic arena.
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The Open Secret of Development Economics
The Open Secret of Development Economics
Oct 22, 2019 Yang Yao points out that the playbook for climbing the income ladder has been known since the 1950s.
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China’s Modernization Ambitions
China’s Modernization Ambitions
Feb 13, 2018 Yang Yao considers the key challenges confronting Xi Jinping's promise to build a “fully modern” economy by 2035.
