China’s Debt Problems Continue to Fester

China’s Debt Problems Continue to Fester
A man wearing a face mask rides an escalator at the Lujiazui financial district in Pudong, Shanghai, China, on Feb. 10, 2020. Aly Song/Reuters
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News Analysis

Beijing’s containment strategy is failing. Instead of abating, China’s financial strains are intensifying.

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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