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Yang Yao

Yang Yao

21 commentaries

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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  1. An Easy Solution to the EU-China Tariff Dispute
    yao21_Zhang PengLightRocket via Getty Image_ev charging Zhang Peng/LightRocket via Getty Images

    An Easy Solution to the EU-China Tariff Dispute

    Jul 1, 2024 Yang Yao urges Chinese leaders not to retaliate against the bloc’s duties, which are unlikely to hinder EV sales there.

  2. How to Tackle China’s Overcapacity Problem
    yao20_TATAN SYUFLANAPOOLAFP via Getty Images_yellenchina Tatan Syuflana/POOL/AFP via Getty Images

    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.

  3. Is the Chinese Miracle Over?
    yao19_PEDRO PARDOAFP via Getty Images_china real estate PEDRO PARDO/AFP via Getty Images

    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.

  4. Will the Ukraine War Ease US-China Tensions?
    yao18_ Jin MamengniXinhua via Getty Images_china us relations Jin Mamengni/Xinhua via Getty Images

    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.

  5. The Open Secret of Development Economics
    yao17_STRAFPGetty Images_textileworkerchina STR/AFP/Getty Images

    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.

  1. geybulla2_ANTHONYPIZZOFERRATOGettyImages_cop29_protest ANTHONY PIZZOFERRATO/Getty Images
    Free to read

    Azerbaijan Greenwashes Authoritarianism at COP29

    Arzu Geybulla argues that the host country’s centralized dynastic regime is utterly incapable of meeting climate targets.
  2. bkelly1_VCGVCG via Getty Images_chinaelectricvehicleexport VCG via Getty Images

    Global Tensions Over China’s Overcapacity Will Rise Under Trump

    Brendan Kelly considers the economic and geopolitical implications of the country’s controversial industrial strategy.
  3. ackerman6_AndrewHarnikGettyImages_119th_congress Andrew Harnik/Getty Images

    Trump Won, but Trumpism Did Not

    Bruce Ackerman thinks the president-elect’s agenda will falter as many congressional Republicans eye the midterm elections.
  4. odinga2_Buda MendesGetty Images_g20summitrio Buda Mendes/Getty Images

    The G20 Must Help Africa Close the Climate-Finance Gap

    Raila Amolo Odinga urges world leaders to ensure the continent's governments can invest in resilience and clean energy.
  5. brown114_John MooreGetty Images_who John Moore/Getty Images

    Crunch Time for the WHO

    Gordon Brown

    To prevent unnecessary deaths from treatable diseases, the World Health Organization must be empowered to fulfill its mandate as the leading global emergency responder. If its $7.1 billion fundraising campaign falls short, we risk being caught unprepared again when the next pandemic arrives.

    calls on wealthy countries to ensure that the World Health Organization can confront emerging threats.
  6. COP29 Financial Inclusion is Climate Action Event Thumbnail

    PS Events: COP29 Live From Baku Session 2

    PS editors present our second session from COP29, Financial Inclusion is Climate Action.
  7. pisaniferry149_ThierryMonasseGettyImages_vonderleyen_green_industry Thierry Monasse/Getty Images

    The EU Needs a Strong Clean Industrial Deal

    Jean Pisani-Ferry, et al. tout a strategy that combines decarbonization with measures to boost competitiveness and social cohesion.
  8. ggray1_DanielBeloumouOlomoGettyImages_neonatal_ward_cameroon Daniel Beloumou Olomo/Getty Images

    The World’s Babies Need Antibiotics, Not Just Vaccines

    Glenda Gray urges the international community to help African countries prevent infant deaths from treatable infections.
  9. bp how trump won Photo by Joe Raedle/Getty Images

    How Trump Did It

    Not only did Donald Trump win last week’s US presidential election decisively – winning some three million more votes than his opponent, Vice President Kamala Harris – but the Republican Party he now controls gained majorities in both houses on Congress. Given the far-reaching implications of this result – for both US democracy and global stability – understanding how it came about is essential.

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