Tuesday, September 29, 2020

Decoding China’s “Dual Circulation” Strategy — Yu Yongding

Since May, when China's central leadership started referring to a "new development pattern," there has been much speculation about whether the country is embracing an entirely new economic model. In fact, the government is merely describing changes that have already happened.
Yu Yongding is considered an authority on Chinese policy that is worth listening to.

Project Syndicate
Decoding China’s “Dual Circulation” Strategy
Yu Yongding, 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, served on the Monetary Policy Committee of the People’s Bank of China from 2004 to 2006.

See also

China and world at risk of financial turmoil greater than 2008 crisis, ex-finance minister warns
Orange Wang, SCMP corespondent

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