Commentary
Modest good news in China’s long-standing property crisis has emerged. However, it would be unwise to make too much of it.
Thinking About China
Opinion
A Flicker of Light Amid China’s Economic Darkness?
Signs of some abatement in the country’s property crisis have raised hopes that matters might soon turn around, but they are premature.
Men working at a complex of unfinished apartment buildings in Xinzheng City, China, on June 20, 2023. Pedro Pardo/AFP/Getty Images
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.”
