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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. perincek1_KENZO TRIBOUILLARDAFP via Getty Images_EUrawmaterials Kenzo Tribouillard/AFP via Getty Images

    Ensuring Europe’s Supply of Critical Minerals

    Rüya Perincek & Andreas Goldthau call for coordinated funding, resource diplomacy, and secondary material partnerships to boost recycling.
  2. tyson122_Andrew HarnikGettyImages_gavin_newsom Andrew Harnik/Getty Images

    Readying the Resistance, Again

    Laura Tyson & Lenny Mendonca

    The United States is not a monarchy, but a federal republic. States and cities controlled by Democrats represent half the country, and they can resist Donald Trump’s overreach by using the tools of progressive federalism, many of which were sharpened during his first administration.

    see Democrat-controlled states as a potential check on Donald Trump’s far-right agenda.
  3. khrushcheva189_Konstantin ZavrazhinGettyImages_nostalgic_man Konstantin Zavrazhin/Getty Images

    Russia’s Nostalgia Machine

    Nina L. Khrushcheva explores how the Kremlin relies on an idealized version of the past to comfort – and subdue – the public.
  4. goldberg33_Lauren DeCiccaGetty Images_shippinglaos Lauren DeCicca/Getty Images

    The Trade Shifts Redefining Economic Development

    Pinelopi Koujianou Goldberg & Michele Ruta consider the long-term implications of three major trends that could reshape globalization.
  5. fischer224_Chip SomodevillaGetty Images_trumpinauguration Chip Somodevilla/Getty Images

    Trump at the Gates

    Joschka Fischer urges Europeans to recognize that they are now on their own in an increasingly dangerous world.
  6. stiglitz347_Kevin DietschGettyImages_bye_biden Kevin Dietsch/Getty Images

    The End of Progress?

    Joseph E. Stiglitz

    Though the United States has long led the world in advancing basic science and technology, it is hard to see how this can continue under President Donald Trump and the country’s ascendant oligarchy. America’s rejection of Enlightenment values will have dire consequences.

    predicts that Donald Trump’s second administration will be defined by its rejection of Enlightenment values.
  7. varoufakis123_China PhotosGetty Images_chinayuandollar China Photos/Getty Images

    China’s Trump Dilemma

    Yanis Varoufakis thinks the real choice facing Chinese leaders may be whether to challenge the dollar's hegemony head-on.
  8. lamy10_Badru KatumbaGettyImages_jackfruit_farmer Badru Katumba/Getty Images

    The Key to Narrowing the Development Gap

    Pascal Lamy, et al. explain how investments in African agri-food systems can advance many of the Sustainable Development Goals.
  9. galbraith39_rudall30Getty Images_businessmanforest rudall30/Getty Images

    Economists’ Way Out of the Wilderness

    James K. Galbraith argues that the continued dominance of nineteenth-century thinking has resulted in a catalogue of failure.

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