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beijing,-it-seems,-hopes-that-used-car-salespeople-can-save-china’s-economy
Beijing, It Seems, Hopes That Used Car Salespeople Can Save China’s Economy

Beijing, It Seems, Hopes That Used Car Salespeople Can Save China’s Economy

Last updated: October 17, 2025 8:48 am
By Milton Ezrati
1 Min Read
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To boost consumer spending and revive China’s struggling economy, Beijing is targeting the used car market—a step, to be sure, but far less than what is needed.

Beijing, It Seems, Hopes That Used Car Salespeople Can Save China’s Economy

A sales representative waiting for customers in a luxury car showroom in Beijing on Jan. 22, 2019. Greg Baker/AFP via Getty Images

Milton Ezrati

10/16/2025|Updated: 10/16/2025

Commentary

China’s commerce ministry has turned to the used car market to boost consumer spending and, presumably, get the economy back on track.

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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