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Making (Some) Sense Out of Beijing’s Financial Positions

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Making (Some) Sense Out of Beijing’s Financial Positions
A Chinese migrant worker passes by The People's Bank of China as he heads to a bus station in Beijing on May 1, 2013. PBOC is China's central bank that regulates monetary policy and financial institutions. Mark Ralston/AFP/Getty Images
Milton Ezrati
Updated:
Analysis

So much of policy coming out of Beijing these days seems contradictory, especially where financial matters are concerned.

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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