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I'm aware, lifting restrictions doesn't mean increasingly urbanized population will have 2+ children. Chinese women are marrying and starting families late, if
by dirtyid 7y ago
I'm aware, lifting restrictions doesn't mean increasingly urbanized population will have 2+ children. Chinese women are marrying and starting families late, if at all. Or that new generations will want to work in factories vs air conditioned offices as China pivots towards service driven growth and internal consumption. And as wages grow it becomes infeasible to compete on labour with less developed countries. Automation means most manufacturing doesn't have to leave China for the same reasons why manufacturing never left the US. It just won't be done by people anymore.