China Is Clearly at a Loss About How to Deal With Its Economic Challenges

Despite promises to the Two Sessions Meeting in March, CCP leaders failed to deliver substantive economic stimulus policies at last month’s Politburo sessions.
China Is Clearly at a Loss About How to Deal With Its Economic Challenges
Buildings of China's developer Country Garden Holdings in Zhenjiang, Jiangsu Province, China, on Oct. 31, 2021. STR/AFP via Getty Images
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Commentary

April’s Politburo meetings of the Chinese Communist Party’s (CCP’s) faithful were supposed to unveil new, more effective policies to deal with China’s economic problems. But all the Politburo saw was a rehash of existing policies that, so far, have had little or no substantive effect on the economy.

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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