Mundell-Fleming model

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

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