Thinking About China
Opinion

Another Stimulus Package From Beijing

Another Stimulus Package From Beijing
People queue up for COVID-19 nucleic acid tests at Beijing Lize Financial Business District in Beijing, China, on April 26, 2022. VCG/VCG via Getty Images
Milton Ezrati
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Commentary

Beijing has launched yet another economic stimulus program. After a rather large stimulus package in May and a June declaration that no more was needed, Beijing in late August launched a 19-point stimulus effort. Whatever Beijing’s judgment in June, China’s economy cried out for more help.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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