Yu Yongding

5th Sep 19, 10:09am
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The recent decision by China to let the renminbi fall below CN¥7 per US dollar has little to do with trade or currency wars. Rather, it represents an important step toward reforming China’s inflexible exchange-rate regime says Yu Yongding
The recent decision by China to let the renminbi fall below CN¥7 per US dollar has little to do with trade or currency wars. Rather, it represents an important step toward reforming China’s inflexible exchange-rate regime says Yu Yongding
5th Sep 19, 10:09am
5th Jul 19, 10:16am
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Following through on its commitment for 'reform and opening up' requires China to find ways to manage escalating tensions with the US and avoid a costly – and potentially devastating – reconfiguration of the global economy
Following through on its commitment for 'reform and opening up' requires China to find ways to manage escalating tensions with the US and avoid a costly – and potentially devastating – reconfiguration of the global economy
5th Jul 19, 10:16am
30th Apr 19, 9:27am
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Yu Yongding advocates China going back to expansionary monetary and fiscal policies, alongside its necessary structural adjustment, to keep social wellbeing improving
Yu Yongding advocates China going back to expansionary monetary and fiscal policies, alongside its necessary structural adjustment, to keep social wellbeing improving
30th Apr 19, 9:27am
2nd Mar 19, 10:12am
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During China’s shift toward a market-driven economy, in its trade talks with the US it can commit not to keep the value of the renminbi artificially low, but it must reject demands to keep the exchange rate stable against the US dollar
During China’s shift toward a market-driven economy, in its trade talks with the US it can commit not to keep the value of the renminbi artificially low, but it must reject demands to keep the exchange rate stable against the US dollar
2nd Mar 19, 10:12am
3rd Jan 19, 9:46am
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Yu Yongding argues that the Chinese government should pursue monetary and fiscal expansion to stabilise GDP growth and prevent the current slowdown from being excessively sharp
Yu Yongding argues that the Chinese government should pursue monetary and fiscal expansion to stabilise GDP growth and prevent the current slowdown from being excessively sharp
3rd Jan 19, 9:46am
3rd Nov 18, 10:16am
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Yu Yongding thinks that the trade war with the US will help the Chinese economy complete its necessary rebalancing, giving cover for Xi to make unpopular but necessary reforms
Yu Yongding thinks that the trade war with the US will help the Chinese economy complete its necessary rebalancing, giving cover for Xi to make unpopular but necessary reforms
3rd Nov 18, 10:16am
30th Aug 18, 9:09am
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Yu Yongding hopes that, whatever the reason, the People's Bank of China forswears market intervention as it tried in 2016, draining US$1 tln in reserves in a failed policy action
Yu Yongding hopes that, whatever the reason, the People's Bank of China forswears market intervention as it tried in 2016, draining US$1 tln in reserves in a failed policy action
30th Aug 18, 9:09am
25th Apr 18, 8:54am
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Yu Yongding says the reason Sino-American relations have soured is the Trump administration's worldview, not external balances
Yu Yongding says the reason Sino-American relations have soured is the Trump administration's worldview, not external balances
25th Apr 18, 8:54am
27th Feb 18, 4:20pm
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Yu Yongding argues that whatever challenges it faces, the PBOC must stay the course, and convince markets China really is committed to a floating exchange-rate regime
Yu Yongding argues that whatever challenges it faces, the PBOC must stay the course, and convince markets China really is committed to a floating exchange-rate regime
27th Feb 18, 4:20pm
3rd Jan 18, 9:50am
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Yu Yongding says widespread forecasts of stable 6.5% growth ignore slowing fixed asset investment and expectations need to be reined in
Yu Yongding says widespread forecasts of stable 6.5% growth ignore slowing fixed asset investment and expectations need to be reined in
3rd Jan 18, 9:50am
1st Nov 17, 1:57pm
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Yu Yongding says massive capital account deficits fueled by capital flight needed to be stopped to prevent China's net foreign asset disappearing. Capital account liberalisation needs to wait for a healthier, stronger financial system, he says
Yu Yongding says massive capital account deficits fueled by capital flight needed to be stopped to prevent China's net foreign asset disappearing. Capital account liberalisation needs to wait for a healthier, stronger financial system, he says
1st Nov 17, 1:57pm
25th Aug 17, 9:43am
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China's August 2015 much-needed currency reform to a market-driven exchange rate was quickly – and wrongly – reversed. Yu Yongding says things are more stable now and he wants this reform reinstituted
China's August 2015 much-needed currency reform to a market-driven exchange rate was quickly – and wrongly – reversed. Yu Yongding says things are more stable now and he wants this reform reinstituted
25th Aug 17, 9:43am
30th Jun 17, 10:57am
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Yu Yongding says China is confronting the macroeconomic challenge of over-capacity deflation. Curbing excessive government and corporate debt which brought a credit rating downgrade is a second-rank problem deflected by a very high savings rate
Yu Yongding says China is confronting the macroeconomic challenge of over-capacity deflation. Curbing excessive government and corporate debt which brought a credit rating downgrade is a second-rank problem deflected by a very high savings rate
30th Jun 17, 10:57am
1st Jun 16, 11:54am
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Yu Yongding says while China's leaders should be applauded for implementing painful structural reforms, they are ignoring the current urgent need for infrastructure investment
Yu Yongding says while China's leaders should be applauded for implementing painful structural reforms, they are ignoring the current urgent need for infrastructure investment
1st Jun 16, 11:54am
28th Mar 16, 9:59am
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Yu Yongding argues China should pursue an expansionary fiscal policy alongside structural reform
Yu Yongding argues China should pursue an expansionary fiscal policy alongside structural reform
28th Mar 16, 9:59am
28th Jan 16, 9:47am
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Yu Yongding proposes an alternative to the PBoC's costly strategy of propping up their exchange rate
Yu Yongding proposes an alternative to the PBoC's costly strategy of propping up their exchange rate
28th Jan 16, 9:47am
6th Nov 15, 8:51am
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Yu Yongding blames the Chinese government for recent stock-market volatility. He says the country must brace itself for more troubles and a protracted period of slow growth
Yu Yongding blames the Chinese government for recent stock-market volatility. He says the country must brace itself for more troubles and a protracted period of slow growth
6th Nov 15, 8:51am
3rd Jun 09, 11:08am
Top 10 at 10: The amazing Allan Hawkins; Chinese buying Hummer; Agreeing with Tony Alexander; Taxing tall people
Top 10 at 10: The amazing Allan Hawkins; Chinese buying Hummer; Agreeing with Tony Alexander; Taxing tall people
3rd Jun 09, 11:08am