OpinionThinking About China

Xi’s Idea of a Self-Sufficient China Is Nothing More Than a Pipe Dream

The Chinese leader wants to reduce China’s vulnerability to the rest of the world. He has been only half successful, and only with half the dependency equation.
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Xi’s Idea of a Self-Sufficient China Is Nothing More Than a Pipe Dream
Employees work on an assembly line producing speakers at a factory in Fuyang, in China's eastern Anhui Province, on June 30, 2023. AFP via Getty Images
Milton Ezrati
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Chinese Communist Party (CCP) leader Xi Jinping has made matters clear. He wants to reduce China’s economic vulnerability to the rest of the world. He has set out to do this by reducing the need for Chinese industry, especially technology, to source abroad.

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."