The problem is more acute and current . China has not enough white collar work. It has no pension system , usually the 4 grandparents move in with their kids. W

The problem is more acute and current . China has not enough white collar work. It has no pension system , usually the 4 grandparents move in with their kids. Who must provide income for 6+ person households. Which only whit collar work can do. Or investments,like flats etc. China is spiralling right now, not tomorrow , today.