Beijing’s High-Handed Behavior Works to Its Disadvantage

Beijing’s obsession with security and police action has done damage to the nation’s economic needs as well as the CCP’s ambitions.
Beijing’s High-Handed Behavior Works to Its Disadvantage
A glass door bearing the logo of the Foxconn technology group at the company's plant in Shenzhen, China, on May 26, 2010. Voishmel/AFP via Getty Images
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Commentary

Beijing seems unable to get out of its own way. It has declared accurately that it needs foreign investment to provide China’s economy with the capital it needs for growth and to bring in badly needed business and technological expertise. Accordingly, the decision-makers have encouraged businesses elsewhere in the world to build operations in China and otherwise invest there. But then, the Chinese Communist Party (CCP) does things that discourage those investment flows.

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."