Thinking About China
Opinion

Will the CCP Save China’s Stock Market?

Rumors abound that Xi Jinping will order state-owned firms to repatriate funds held overseas and use the funds to buy Chinese stocks.
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Will the CCP Save China’s Stock Market?
A pedestrian walks past the Shanghai Stock Exchange in Shanghai on Nov. 4, 2020. Hector Retamal/AFP via Getty Images
Milton Ezrati
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Commentary

The latest news from China demonstrates once again how little economic and financial insight the nation’s communist leadership shares.

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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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