Milton EzratiUpdated 12 months Ago1 Mins read157 Views
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China’s Constraining Debt Load
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Men working at a complex of unfinished apartment buildings in Xinzheng city in central Henan Province, China, on June 20, 2023. Pedro Pardo/AFP/Getty Images
Commentary
China’s economic troubles have, in many ways, emerged from past policy blunders. Take, for instance, the stubborn and headline-grabbing property crisis. The economic and financial ills have flowed directly from three grave policy mistakes.
