OpinionThinking About China

China’s Reach for More Economic Stimulus Amounts to a Confession of Failure

Save
China’s Reach for More Economic Stimulus Amounts to a Confession of Failure
Migrant workers standing near signs advertising their skills as they wait by a street to be hired in Shenyang, in northeastern China's Liaoning Province on Feb. 6, 2023. STR/AFP via Getty Images
Milton Ezrati
Updated:
0:00
Commentary

Beijing has admitted failure, even if it refuses to use the word. This is actually the second such confession in the past six months.

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."
Related Topics