While Beijing and Washington maneuver, Chinese officials needs to attend to equally difficult economic problems at home.

People gather at a spring job fair following a week-long Lunar New Year national holiday in Yantai, in Shandong Province, China, on Feb. 6, 2025. AFP via Getty Images

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Commentary
As Beijing does its best to cope with its “trade war” with Washington, it must address significant domestic economic concerns.

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.”