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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. muzikarova7_NurPhotoGettyImages_cyberconference_poland NurPhoto/Getty Images

    Central and Eastern Europe’s Bid for AI Dominance

    Soňa Muzikárová outlines steps policymakers can take to harness the technology’s potential to boost growth and prosperity.
  2. aosaid1_getty images_tech justice

    Can Technology End Corruption?

    Azalina Othman Said thinks that powerful new digital tools can help, but only if governments commit to upholding the rule of law.
  3. scherger1ARMEND NIMANIAFP via Getty Images_farming ARMEND NIMANI/AFP via Getty Images
    Free to read

    Carbon Farming Won't Save the Planet

    Sophie Scherger warns that soil-storage offsets may serve as a smokescreen for polluting industries.
  4. bildt129_MaximShipenkovGettyImages_valdai_putin_fail Maxim Shipenkov/Getty Images

    Putin’s March of Folly

    Carl Bildt argues that Russia’s president has only his own poor decisions to blame for his country’s loss of status.
  5. hausmann117_TONY KARUMBAAFP via Getty Images_africawindfarm Tony Karumba/AFP via Getty Images

    A Better Approach to Climate Finance

    Ricardo Hausmann

    By harnessing the capabilities of developing countries, we can accelerate global decarbonization while creating new growth opportunities. This approach would not only advance crucial climate goals but also ensure that a larger share of the world’s population can enjoy the fruits of the clean-energy transition.

    shows how developing countries can accelerate global decarbonization while creating new growth opportunities.
  6. ghosh83_CHRISTIAN MONTERROSAAFP via Getty Images_trump cop CHRISTIAN MONTERROSA/AFP via Getty Images

    Trump’s Bad COP

    Jayati Ghosh says the Paris climate agreement’s future depends on how other countries respond to the new US administration.
  7. goldberg32_Spencer PlattGetty Images_USshipping Spencer Platt/Getty Images

    Are Tariffs Worth It?

    Pinelopi Koujianou Goldberg thinks the risks and costs for the US will far outweigh any potential political or geopolitical benefits.
  8. schalatek1_Resul RehimovAnadolu via Getty Images_cop29 Resul Rehimov/Anadolu via Getty Images
    Free to read

    Is the Loss and Damage Fund Becoming an Empty Promise?

    Liane Schalatek warns that rich countries are once again shirking their responsibility to provide adequate climate finance.
  9. mazzucato77_PABLOPORCIUNCULAGettyImages_G20_summit_prostest PABLO PORCIUNCULA/Getty Images

    How Global Public Investment Should Work

    Mariana Mazzucato & Jonathan Glennie

    Addressing problems like climate change and biodiversity loss calls for new thinking about how to mobilize the huge volume of financing that will be needed. International cooperation must be re-framed as a collective endeavor in which all countries benefit, contribute, and make investment decisions together.

    propose a new model to unlock financing for action on climate change, biodiversity loss, and other issues.

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