OpinionThinking About China

IBM Gets the Message and Decides to Reduce Its Exposure in China

IBM has decided to close its operations in China. Management says that business prospects in that economy simply are not what they once were.
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IBM Gets the Message and Decides to Reduce Its Exposure in China
The IBM logo is seen at the entrance to its China System Center building in Beijing on Aug. 26, 2024. Pedro Pardo/AFP via Getty Images
Milton Ezrati
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IBM has decided to follow the example of what has become a long list of American brands and close some of its operations in China.

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."