Commentary
After its September economic stimulus effort fell short of expectations and the economy’s needs, Beijing promised that it would do more when the Chinese Communist Party’s powerful Standing Committee met.
Thinking About China
Opinion
China: The Economic Stimulus That Wasn’t
Beijing disappointed those hoping for urgent economic stimulus, offering only a financial gimmick to delay the day of reckoning for local government finances.
A driver prepares to transport cars at a factory of electric vehicle manufacturer Leapmotor in Jinhua, China's eastern Zhejiang Province, on Sept. 18, 2024. Adek Berry/AFP via 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."
