OpinionThinking About China

Has Communist China Come Full Circle?

The terrible property crisis notwithstanding, China today is at a pivotal juncture in its development.
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Has Communist China Come Full Circle?
A Chinese paramilitary officer patrols Tiananmen Square in front of the Great Hall of the People in Beijing on Nov. 12, 2013. Mark Ralston/AFP via Getty Images
Milton Ezrati
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Commentary

Of the many economic and financial problems plaguing China today, underlying all is a critical issue of trust or, more accurately, the lack of it.

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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