China Keeps Getting Bad Economic News

Although Beijing has at last become serious addressing China’s economic problems, the results so far show zero positive results.
China Keeps Getting Bad Economic News
Residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, Zhejiang Province, China, on March 15, 2024. STR/AFP via Getty Images
Milton Ezrati
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Commentary

China’s economic prospects haven’t improved. The authorities in Beijing no doubt expected or hoped that recent efforts at economic stimulus would quickly bear fruit, most especially a large dedication of public funds to bolster the housing market and begin to remedy the country’s long-running property crisis.

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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