Yu Yongding — A Makeover for Chinese Macroeconomic Policy

Summary:
While China is not about to recapture double-digit GDP growth, that does not imply economic catastrophe. After four decades of rapid growth, a slowdown was inevitable, and if China readjusts its macroeconomic policy stance, it can prevent that slowdown from being excessively sharp.… This post is important because of who wrote it. Yu Yongding is considered to be one of the most knowledgeable Chinese economists and his views are watched and widely quoted. Project SyndicateA Makeover for Chinese Macroeconomic Policy Yu Yongding, a senior research fellow at the Chinese Academy of Social Sciences, 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, former member of the Monetary

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Mike Norman considers the following as important: Chinese economy

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