Desperate for Love in Beijing

Chinese officials have reached out East and West in search of trading partners and economic support but so far have felt little warmth.
Desperate for Love in Beijing
(L-R) Japanese Prime Minister Fumio Kishida, South Korean President Yoon Suk-yeol, and Chinese Premier Li Qiang attend a business summit on the sidelines of a trilateral summit at Korea Chamber of Commerce and Industry in Seoul, South Korea. on May 27, 2024. Chung Sung-Jun/Getty Images
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Commentary

Beijing must feel the pinch. The economy isn’t doing well, either domestically or with trade or investment flows, and the once-great global enthusiasm about China business has ebbed among Americans, Europeans, and the Japanese.

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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