Thinking About China
Opinion

China’s Economy Hit With a 3-Punch Combination

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China’s Economy Hit With a 3-Punch Combination
A worker makes an iron bar at a steel factory in Lianyungang, in China's eastern Jiangsu Province on Feb. 12, 2021. AFP via Getty Images
Milton Ezrati
|Updated:
News Analysis

China’s economy has had a rough summer, hit first by a rise in COVID-19 infections, then by the impending bankruptcy of the giant real estate developer Evergrande, and now by severe power shortages throughout the country.

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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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