Commentary
With the property crisis continuing to weigh on China’s economy and American and European trade policies challenging China’s export machine, Beijing has increasingly turned to domestic consumption as an engine of economic growth.
Thinking About China
Opinion
Problems With China’s Social Safety Net
Can Beijing move the Chinese consumer by improving the nation’s social safety net? Maybe, but it will not be an easy task.
The reflection of silhouettes of people is visible on a glass on a terrace of a shopping mall overlooking Beijing's central business district (CBD), China, on Aug. 11, 2025. Tingshu Wang/Reuters
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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