Commentary
Beijing has taken another step to address its stubborn property crisis and the financial fallout from it.
Thinking About China
Opinion
Beijing Takes More (Inadequate) Steps to Remedy China’s Property Crisis
After two years of dithering, Beijing has at last begun to address China’s property/financial crisis seriously—but it is still not enough.
A construction site at a complex of unfinished apartment buildings in Xinzheng City in Zhengzhou, China's central Henan Province, 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."
