Yukon Huang

Senior Fellow
Asia Program
tel +1 202 939 2202
Huang is a senior fellow in the Carnegie Asia Program, where his research focuses on China’s economy and its regional and global impact.


PhD, MA, Princeton University 
BA, Yale University




Yukon Huang is a senior fellow with the Asia Program. He was formerly the World Bank’s country director for China and earlier director for Russia and the Former Soviet Union Republics. He is an adviser to the World Bank, Asian Development Bank, Asian Infrastructure Investment Bank, and various governments and corporations. His research focuses on China’s economy and its regional and global impact.

Huang has published widely on development issues in both professional journals and the public media. He is a featured commentator for the Financial Times on China, and his articles are seen frequently in the Wall Street Journal, Bloomberg, Foreign Affairs, the National Interest, and Caixin. His books include East Asia Visions, Reshaping Economic Geography in East Asia, and International Migration and Development in East Asia and the Pacific. His latest book, Cracking the China Conundrum: Why Conventional Economic Wisdom Is Wrong, was published by Oxford University Press (2017).

He has a PhD in economics from Princeton University and a BA from Yale University.

  • CGTN February 5, 2021
    The Heat: China-U.S. Ties

    U.S. President Joe Biden has not yet indicated if he will reverse the Trump-era tariffs on China. In addition to the trade war, there are three key areas that may define Sino-U.S. ties under a Biden administration.

  • Europe and China Are Not Natural Allies
    CNBC July 16, 2018
    Europe and China Are Not Natural Allies

    Europe has concerns about China’s trade policies. But the two countries may want to unite for a more rules based global trade system.

  • Why Conventional Economic Wisdom Is Wrong?
    CGTN October 17, 2017
    Why Conventional Economic Wisdom Is Wrong

    China is unique in terms of its economic performance but is not exceptional. People need a different set of assumptions to understand China’s economy even though the economic principles for analysis are the same.

  • Container ships
    Bloomberg July 12, 2017
    A Revival of Protectionism

    Political and economic trends point to increased protectionist sentiment in the United States and heightened tensions between the United States and China.

  • The Heat: China and the Global Economy
    CCTV America November 24, 2016
    China and the Global Economy

    Data suggests that the Chinese economy has stabilized in spite of a global economic slowdown, with increased investment and rising property values signalling a stable, though slower, growth.

  • Center for Strategic and International Studies June 28, 2016
    Delving into Development: China’s Role in the Asian Infrastructure Investment Bank

    The Asian Infrastructure Investment Bank addresses a pressing need in Asia and its differences with existing multilateral banks may help it to be more responsive.

  • CCTV America May 9, 2016
    China’s Foreign Trade

    Recent information from China seems to show some potential problems in the economy, but overall performance is still within expectations.

  • NPR’s All Things Considered January 19, 2016
    Despite Slower Growth, China’s Economy Is Undergoing Major Changes

    The Chinese economy is changing dramatically, as the manufacturing sector shrinks and its services, retail, financial services, health, and education start to take off.

  • CCTV America October 5, 2015
    On the Significance of the TPP Deal

    The success of the TTP may be determined by whether or not China becomes a member, as free trade agreements are generally more successful if there are more participants.

  • CCTV September 15, 2015
    China Launches Latest Guidelines to Deepen SOE Reforms

    What should the world make of China’s new guidelines on State-Owned Enterprise (SOE) reform that were launched yesterday?

  • Making China’s Economy Grow Again
    June 10, 2020 Live Online
    Making China’s Economy Grow Again

    Carnegie’s Yukon Huang and Michael Pettis will debate China’s growth prospects and economic policy trajectory, including the roles of the state and private sector and potential shifts in the growth model in a time of crisis.

  • September 19, 2017 Moscow
    Why Conventional Economic Wisdom on China Is Wrong

    Carnegie’s Yukon Huang presented his new book which provides a holistic and contrarian view of China’s major economic, political, and foreign policy issues.

  • September 14, 2017 Washington, DC 中文
    Why Conventional Economic Wisdom on China Is Wrong

    There are a number of common contradictions in mainstream understanding of China’s economy.

  • February 18, 2016 Washington, DC 中文
    Prospects for Low Income Developing Countries

    Min Zhu discussed the IMF's new study on Low Income Developing Countries, economic consequences of the outlook, and the policy options available.

  • May 12, 2015 Washington, DC 中文
    China Faces the Kiss of Debt

    Confronted by the 2008 global financial crisis, China unleashed an unprecedented economic stimulus package that included rapid growth in credit to enterprises and local governments. In other countries, large increases in debt have usually been followed by sharp growth slowdowns, and many ended in crisis.

  • May 28, 2014 Washington, DC 中文
    One Year After Sunnylands: Assessing the U.S.-China Relationship

    President Obama’s recent visit to Asia underscored the importance of the U.S.-China relationship and the challenge of managing it in the context of increasing interdependence, but also tension and mistrust.

  • May 21, 2014 Washington, DC 中文
    Will China’s Economy Crash?

    China’s growth rate continues to slide. Many observers see its surging debt and housing indicators as signaling an imminent financial crisis and the inevitability of a hard landing. How likely is this to occur, and can the new leadership engineer a more sustainable growth path?

  • January 28, 2014 Washington, DC 中文
    China’s Growth Prospects After the Third Plenum

    It remains to be seen whether the third plenum decisions can put China on a sustainable and robust growth path.

  • November 7, 2013 Washington, DC 中文
    China’s Economy in Transition

    Much has been made of China’s recent internal and external rebalancing.

  • July 16, 2013 Washington, DC 中文
    China’s New Growth Model: Myths and Realities

    Lessons from other successful developing countries suggest that China’s path to growth may involve continued imbalances and require policy reforms that are often misunderstood.

Source: http://carnegieendowment.org/experts/index.cfm?fa=expert_view&expert_id=533

Areas of Expertise

Carnegie Endowment for International Peace
1779 Massachusetts Avenue NW Washington, DC 20036-2103 Phone: 202 483 7600 Fax: 202 483 1840
Please note...

You are leaving the website for the Carnegie-Tsinghua Center for Global Policy and entering a website for another of Carnegie's global centers.