Comments from Yu Yongding crossing Bloomberg

The TL;DR version appears to be 'Let 'er rip!'

Whats actually crossing is:

  • Suggests China Adopting loose monetary policy
  • Suggest china adopting expansionary fiscal policy
  • Advises China adopting flexible exchange rate policy
  • Infrastructure investment need to funded by government bonds
  • Says China is in an deflation cycle
  • China needs to show a stabilizing economy
  • China faces relatively large yuan depreciation pressure

This dude's got my vote. Before he gets chucked in jail anyway.

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Yu Yongding is 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.
  • Also was a member of the Advisory Committee of National Planning of the Commission of National Development and Reform of the PRC