Commentary
Another red flag signals trouble in China’s economy. Lending and borrowing continue to decline. The pattern points to the country’s deep economic and financial ills. It is one more signal of Beijing’s challenges and failures.
Thinking About China
Opinion
The Money Simply Is Not Flowing for China
Lending and borrowing in China reflect the country’s fundamental economic problems and remain on a downward path.
Cars wait to be loaded onto a ship for export at the port in Yantai, in China's eastern Shandong Province, on Jan. 2, 2024. STR/AFP via 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."
