OpinionThinking About China

China Now Has Problems With Commercial Real Estate

Vacancies in office buildings have risen across China, adding to the economic and financial drag already imposed by failures in residential real estate. 
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China Now Has Problems With Commercial Real Estate
Workers are seen near a restaurant under construction on a commercial street in Foshan, in southern China's Guangdong Province, on Oct. 24, 2022. Jade Gao/AFP via Getty Images
Milton Ezrati
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Commercial real estate in China seems to be going down the dangerous road taken by its residential cousin.

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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