Commentary
After a series of tentative moves during the closing months of 2023, Beijing has launched a new solution to the economy’s property crisis—if the leaks and rumors are true.
Thinking About China
Opinion
Beijing Puts Forward a Very Communist Response to China’s Property Crisis
This move will surely kill China’s fundamental economic momentum.
People walk next to residential buildings in the coal city of Hegang, Heilongjiang Province, China on Jan. 2, 2020. Ryan Woo/Reuters
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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