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South Korea's demography is crashed but their economic growth is still strong. There is more to growth than that. There's no reason why China can't double its G
by csee 5y ago
South Korea's demography is crashed but their economic growth is still strong. There is more to growth than that. There's no reason why China can't double its GDP in the next few decades and then assert itself much more strongly after it has achieved that.
- codewithcheese 5y agoWhy has South Korea continued to grow, despite the demography crash? And how do you think it compares to Japan? Genuine questions.
- larksimian 5y agoNot op, but. SK demographics are only now starting to stagnate and are not decreasing. Japan has had stableish/declining population for a while. Different situations. China is not really comparable since there is still a substantial reserve army of rural inhabitants that can be drawn into industry (900 mil urban/500 mil rural). Until the rural pop is drained you'll continue to see strong growth in china.