OpinionThinking About China

Local Governments in China to Take a New Approach to Investing

Save
Local Governments in China to Take a New Approach to Investing
A drone view of Yangluo Port in Wuhan, Hubei Province, China, on April 12, 2020. Stringer/Getty Images
Milton Ezrati
Updated:
0:00
Commentary

With very little fanfare, Beijing has issued guidelines to local governments on how to spur business investment in their region. Whether the effort will bear fruit is an open question.

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."