China is experiencing increasing demand for labor thanks to our inability to make stuff in the Rust Belt. China is also, at least to some extent, a planned econ

China is experiencing increasing demand for labor thanks to our inability to make stuff in the Rust Belt. China is also, at least to some extent, a planned economy (and has planned demographics, too). As such it is subject to a different set of supply/demand tradeoffs, and definitely not a good pattern to extrapolate from. Any fertility-related stuff will take decades to play out, and it'd have to outpace off-shoring, legal immigration, and illegal migration, none of which is the case today or will be in the foreseeable future. It is not the case specifically for this reason: the rich like abundant supply of cheap labor. They achieve this abundance through both reducing demand and increased supply. Worse, reduced fertility will result in state's inability to provide social services and healthcare to the elderly poor, which means rising taxes and therefore further acceleration of off-shoring. In this regard we are too very much unlike China where the young are supposed to care for _their_ elderly. If our government thought at least 20 years ahead, they'd be trying to stimulate the birth rate, boost manufacturing, and they'd clamp down on the borders. But their planning horizon does not extend beyond 4 years, unlike, say, Xi Jinping's.