Thinking About China
Opinion

Is the West Slipping Away From China?

Is the West Slipping Away From China?
An empty road is seen in Shanghai Central Business District (CBD) during a lockdown amid the COVID-19 pandemic in Shanghai, China, on April 16, 2022. Aly Song/Reuters
Milton Ezrati
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Commentary

As the old saying has it, “nothing lasts forever.” This truth is beginning to dawn in China. Rising costs, abusive policies, and, more recently, COVID-19 and war sanctions have prompted Japan and the West to rethink China’s exposure. Money is flowing elsewhere. Beijing would have to change much to bring back the former flood of money and interest.

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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