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Yu Yongding

Yu Yongding

Writing for PS since 2010
80 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 America Maintain External Sustainability?
    yu80_Morris MacMatzenGettyImages_us_trade Morris MacMatzen/Getty Images

    Can America Maintain External Sustainability?

    Feb 28, 2025 Yu Yongding explains why demand for foreign capital inflows to offset the country’s savings shortfall may go unmet.

  2. China’s Economy Needs a Stimulus Package
    sheng131Jiang QimingChina News Service via Getty Images_pboc Jiang Qiming/China News Service via Getty Images

    China’s Economy Needs a Stimulus Package

    Oct 2, 2024 Yu Yongding urges policymakers to prevent prolonged stagnation by implementing expansionary monetary and fiscal policies.

  3. How to Reduce Chinese Overcapacity
    yu78_Kevin FrayerGetty Images_empty steel mill Kevin Frayer/Getty Images

    How to Reduce Chinese Overcapacity

    Jul 30, 2024 Yu Yongding thinks fiscal and monetary expansion could help address a controversial feature of China’s economy.

  4. What the China Pessimists Are Getting Wrong
    yu77_CFOTOFuture Publishing via Getty Images_china consumption CFOTO/Future Publishing via Getty Images

    What the China Pessimists Are Getting Wrong

    May 21, 2024 Yu Yongding rejects gloomy narratives about the economy’s prospects and proposes ways to revive growth.

  5. 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.

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  1. op_michnik8_Anna MoneymakerGetty Images_trump Anna Moneymaker/Getty Images
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    Opposing Trump

    Adam Michnik interviewed by Irena Grudzińska Gross

    With Donald Trump's administration constantly commanding the news cycle and throwing the entire world into chaos, what are the Democrats and the rest of the American opposition to do? The first step, former Polish dissident Adam Michnik says, is to understand what gave rise to the regime.

     about the new US administration and how pro-democracy forces can best confront it.
  2. gebert5_Amir LevyGetty Images_netanyahuprotest Amir Levy/Getty Images
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    Will Qatari Gold Sink Netanyahu?

    Konstanty Gebert

    Israeli Prime Minister Binyamin Netanyahu's decision to fire the country's internal security chief has raised suspicions, given that the move comes just after the launch of an investigation into a new scandal involving his own aides. Israelis are right to worry that they could now be heading for a constitutional crisis.

     explains the latest scandal to hit Israel's increasingly illiberal, norm-breaking government.
  3. khrushcheva191_Anna MoneymakerGettyImages_steve_witkoff Anna Moneymaker/Getty Images
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    The US and Russia Are Negotiating in Bad Faith

    Nina L. Khrushcheva thinks the Kremlin is laying the groundwork for a highly favorable deal on the Ukraine war.
  4. schaake12_Thierry MonasseGettyImages_henna_virkkunen Thierry Monasse/Getty Images
    1

    Europe’s Tech Sovereignty Demands More Than Competitiveness

    Marietje Schaake & Max von Thun warn that the European Union’s deregulatory push could undermine its autonomy and fundamental values.
  5. nsofor11_GUY PETERSONAFP via Getty Images_africadoctors Guy Peterson/AFP via Getty Images
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    How Should Africa Respond to Foreign-Aid Cuts?

    Ifeanyi M. Nsofor touts the potential of foreign remittances to sustain public services as external support shrinks.
  6. huang6_Sawayasu TsujiGettyImages_china_tariffs Sawayasu Tsuji/Getty Images
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    How Should China Respond to Trump’s Tariffs?

    Huang Yiping urges Chinese policymakers to fill the leadership vacuum created by America’s protectionist turn.
  7. oneill132_Feature ChinaFuture Publishing via Getty Images_chinashopping Feature China/Future Publishing via Getty Images
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    Who Will Drive the Post-American Global Economy?

    Jim O'Neill considers what other large economies can do to offset the effects of the Trump administration's trade warfare.
  8. op_fofack4_Irwin Wong for The Washington Post via Getty Images_elderlypersonworking Irwin Wong for The Washington Post via Getty Images
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    Health Is Wealth in a Geriatric World

    Hippolyte Fofack explains why increasing “healthspans” to match lifespans is a moral and economic imperative.
  9. przybylski2_Alexander KoernerGetty Images_germanyarmy Alexander Koerner/Getty Images
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    Europe’s Democrats Must Forge a Will to Fight

    Wojciech Przybylski & Goran Buldioski think European leaders' most urgent security task is to nurture citizens' resolve to defend their countries.

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