OpinionThinking About China

China’s Economy Improved in August but Not Enough to Change the General Picture of Decline

Latest news on China’s economy shows a slight improvement but huge problems remain and will not go away any time soon. 
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China’s Economy Improved in August but Not Enough to Change the General Picture of Decline
Workers make pods for e-cigarettes on the production line at Kanger Tech, one of China's leading manufacturers of vaping products, in Shenzhen, China, on Sept. 24, 2019. Kevin Frayer/Getty Images
Milton Ezrati
Updated:
Commentary

Good economic news has at last emerged in China. Some media sources have extended this news to declare that China has turned a corner. That is possible, but such declarations are likely getting way ahead of reality.

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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