Commentary
While the property crisis takes pride of place as China’s biggest economic problem, the uneasy state of Chinese consumers is more fundamental and perhaps more telling.
Thinking About China
Opinion
Why Chinese Consumers Feel So Blue
Beijing needs an active consumer to drive economic growth, but Chinese households, with reason, don’t want to play along.
Employees wait for customers at a discount clothing retailer in a shopping mall in Beijing on Oct. 31, 2019. Mark Schiefelbein/AP Photo
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."
