Yang Yao
Professor, China Center for Economic Research and the National School of Development at Peking University
Yang Yao is a professor at the China Center for Economic Research and the National School of Development at Peking University.
Apr 05, 2022
The Ukraine war has put China in a bind. As a friend of both Russia and Ukraine, China has no desire to pick a side. On the contrary, conventional Chinese wisdom dictates that, when two friends fight each other, the primary objective must be to end the conflict through mediation. While China’s balanced stance has aroused more than a little suspicion, it could end up hastening the end of the war – and easing tensions with the United States.
May 24, 2011
With China’s inflation – and inflation expectations – rising, how can price stability be maintained without threatening the country’s booming growth? Reconc