Commentary
China’s leadership has finally awakened to the fact that its economy needs more help. With less than great imagination, Beijing has turned to its default response: infrastructure spending.
Thinking About China
Opinion
Is More Infrastructure What China Needs?
Beijing has turned to its default means of economic stimulus: infrastructure spending. It may not do the trick this time.
Workers are seen at a construction site of the Tangshan-Hohhot railway in Ulanqab, north China's Inner Mongolia region, on March 19, 2019. China plans to increase infrastructure spending in 2023. STR/AFP/Getty Images
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."
