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Yao Yang

For Yao Yang's latest contributions to The Japan Times, see below:

China fights deflation on its own

Commentary / World Feb 2, 2015

China fights deflation on its own

During the past two years, China has tightened fiscal and monetary policy in the hope of offsetting the adverse effects of the large stimulus package implemented in response to the 2008 global financial crisis.

Commentary / World Sep 26, 2014

In praise of what looks like China's new norm

Based on the rising share of labor's national income, the decline in global demand, the aging population, rapid urbanization and education dividends from younger workers, China's annual growth rate over the next decade is forcecast to average 7.3 percent — which would still be ...