Fundamental Questions About China’s Economic Resilience

China has reached a point in its development in which the old ways—methods that, for decades, produced high growth rates—no longer work.
Fundamental Questions About China’s Economic Resilience
A man sits on a shared bike as he looks at a Lamborghini for sale at a luxury car dealership in an upscale commercial area in Beijing on Nov. 5, 2024. Kevin Frayer/Getty Images
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Commentary

It is no secret that China faces economic challenges—some immediate, such as the ongoing and severe property crisis and the West’s growing hostility to China trade—and two other problems that are more fundamental and long-lasting.

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.”