Does Beijing Understand China’s Economic Problems?

A worker counts currency in a bank in Shanghai. There have been a string of failures by private lending firms in China, leaving those who had invested their savings in the companies protesting to get their money back. Johannes Eisele/AFP/Getty Images

Commentary

As the market drifts back to the reality that the so-called Chinese stimulus is more of a public relations stimulus than an economic one, analysts have begun to wonder why Beijing is not doing more to help China’s morbid economy.