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Yu Yongding

For Yu Yongding's latest contributions to The Japan Times, see below:

Feb 11, 2014

Reviving China's economic rebalancing act

As China remains among the world's poorest countries, with per capita income amounting to less than $7,000, its position as the world's largest exporter of capital signifies a gross misallocation of resources. It should adopt a float exchange-rate regime as soon as possible.