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Yu Yongding

Yu Yongding

Writing for PS since 2010
76 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. 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.

  2. 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.

  3. Fixing China’s Real-Estate Sector
    yu74_JOHANNES EISELEAFP via Getty Images_ china real estate JOHANNES EISELE/AFP via Getty Images)

    Fixing China’s Real-Estate Sector

    Nov 30, 2023 Yu Yongding suggests three measures the government can take to address property developers’ deteriorating finances.

  4. China’s Policy-Induced Slowdown
    yu73_Jiang QimingChina News Service via Getty Images_PBOC Jiang Qiming/China News Service via Getty Images

    China’s Policy-Induced Slowdown

    Oct 3, 2023 Yu Yongding blames falling growth on overly conservative monetary and fiscal policies, not structural changes.

  5. China’s Response to Decoupling
    yu72_Justin SullivanGetty Image_chinashippingcontainers Justin Sullivan/Getty Images

    China’s Response to Decoupling

    Jun 28, 2023 Yu Yongding takes aim at Chinese and Western leaders who are tempted by the idea of economic decoupling.

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  1. deryugina1_BEN BIRCHALLPOOLAFP via Getty Images_ukraineflagsoldier Ben Birchall/Pool/AFP via Getty Images

    Ukraine Is Far From Doomed

    Tatyana Deryugina & Anastassia Fedyk

    When comparing Ukraine’s situation in 2024 to Europe’s in 1941, Russia’s defeat seems entirely possible. But it will require the West, and the US in particular, to put aside domestic political squabbles and muster the political will to provide Ukraine with consistent and robust military and financial assistance.

    compare Russia's full-scale invasion to World War II and see reason to hope – as long as aid keeps flowing.
  2. glennerster2_Scott OlsonGetty Images)_vaccines Scott Olson/Getty Images)

    The Pandemic Financing Developing Countries Need

    Rachel Glennerster urges multilateral development banks to establish mechanisms that enable at-risk vaccine purchases.
  3. krueger74_AFP via Getty Images_nigercoup AFP via Getty Images

    The Geopolitics of Africa’s Debt Crisis

    Anne O. Krueger urges developed countries to back efforts by the IMF and the World Bank to promote growth-enhancing reforms.
  4. palacio156_ Georg Moritzpicture alliance via Getty Images_immigation Georg Moritz/picture alliance via Getty Images

    Why the EU’s New Migration Pact Matters

    Ana Palacio applauds the pragmatic coalition-building, especially by Italy’s Giorgia Meloni, that enabled the deal.
  5. kirchschlager1_Fatih AktasAnadolu Agency via Getty Images_AI Fatih AktasAnadolu Agency via Getty Images

    AI Needs UN Oversight

    Peter G. Kirchschläger calls for the creation of a watchdog – similar to the IAEA – that employs a human rights-based approach.
  6. chellaney_VCGVCG via Getty Images_china military VCG/VCG via Getty Images

    The West Is Hastening Its Own Decline

    Brahma Chellaney argues that the unprecedented US and European sanctions against Russia are backfiring.
  7. zizek29_Sebastian Gollnowpicture alliance via Getty Images_palestine congress germany Sebastian Gollnowpicture alliance via Getty Images

    Canceling Palestine

    Slavoj Žižek

    Current debates about Israeli policy are rife with double standards, leading to absurd decisions like Germany’s recent cancellation of a pro-Palestinian gathering. By quashing legitimate speech and assembly, an Israel-aligned establishment risks inciting precisely the kind of anti-Semitism that it wants to prevent.

    worries that the double standards applied on Israel’s behalf will lead to an anti-Semitic backlash.
  8. ackerman2_Brian van der Brug  Los Angeles Times via Getty Images_preschool Brian van der Brug / Los Angeles Times via Getty Images

    America’s Childcare Is Unfit for the Postmodern Age

    Bruce Ackerman urges US President Joe Biden to put universal preschool at the center of his re-election campaign.
  9. acemoglu72_ Hulton ArchiveGetty Images_cottonhandweaving Hulton Archive/Getty Images

    History Already Tells Us the Future of AI

    Daron Acemoglu & Simon Johnson find policy lessons for the 2020s in the work of the early-nineteenth-century economist David Ricardo.

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