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A lot of people aren't as optimistic about China anymore because they constricted their population pyramid too much (one child policy), haven't reached first wo
by oezi 2y ago
A lot of people aren't as optimistic about China anymore because they constricted their population pyramid too much (one child policy), haven't reached first world affluence and are now facing an aging population. By 2100 China might be down to 850m people and the US might even grow to 450m. Economic prowess is all that matters in the end, because economic power allows for military and industrial hegemony.
- mrtksn 2y agoThat's true, they have huge demographics issues. But the west has them too at different extent. Also, Chinese don't operate on western principles therefore you can't expect same outcomes. Aging population issues are much different when you have enough production base that can sustain old people with small number of young people(they no longer rely on manual labour as much as they used to). In the west aging population means reduction in consumption(therefore reduced investments, economy slowdown etc.), but in countries like China that doesn't have to be a problem, they can simply keep producing as needed. When the west was preoccupied with investing all the money into optimising advertisement, they invested in wast infrastructure. I'm personally more concerned about the west than China. Well, of course I would be since I'm part of the west but yeah I think you get the point.