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Wednesday, February 4, 2026

Quite Aside From the ‘Trade War,’ China’s Economy Continues to Struggle

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

Quite Aside From the ‘Trade War,’ China’s Economy Continues to Struggle

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

Milton Ezrati

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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

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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