Analysis
Opinion

Beijing Responds to the Gravity of China’s Financial Risk

Beijing Responds to the Gravity of China’s Financial Risk
The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong Province in China, on Sept. 26, 2021. Aly Song/Reuters
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Commentary

After dithering for months, Beijing has made its intentions explicit. It will execute a plan to deal with the Evergrande threat to China’s financial system and by extension to the global financial system.

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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