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Yang Yao

Liberal Arts Chair Professor, China Center for Economic Research (CCER), National School of Development (NSD), Peking University

Yang Yao is Liberal Arts Chair Professor at the China Center for Economic Research (CCER) and the National School of Development (NSD), Peking University. He currently serves as the director of CCER, the executive dean of the Institute of South-South Cooperation and Development (ISSCAD) and the editor of CCER’s house journal China Economic Quarterly. He also serves as the president of China Economic Annual Meetings and president of the Foundation of Modern Economics. He is a member of China Economist 50 Forum. His research interests include economic transition and development in China.

Articles by Yang Yao

Economy

Top economist Yang Yao: Can Beijing save China’s economy from real estate and debt?

China’s top economist, Yang Yao, asserts that to rapidly boost domestic demand, Chinese authorities must address the two major issues at hand: the decline of the real estate sector and local government fiscal distress.

Yang Yao

26 Dec 2024

Economy

The true state of China's economy: Capital flight, domestic consumption and US sanctions (Part 2)

In part two of his article taking stock of the Chinese economy and assessing bright spots and challenges in 2024, Chinese economist Yao Yang focuses on the key factors of increasing investment without distinguishing between foreign and domestic capital, and the inability of the US to limit China's technological development.

Yang Yao

23 Jan 2024

Economy

The true state of China's economy: Local debt and property market (Part 1)

In part one of his article taking stock of the Chinese economy and assessing bright spots and challenges in 2024, Chinese economist Yao Yang focuses on the key factors of local fiscal difficulties and fundamental adjustments needed for the real estate sector.

Yang Yao

23 Jan 2024