This article is well worth a read. Personally, I think that it is overstated, identifying th risks and not the upside opportunities. Thoughts?
We have finally arrived at a point in history that economists have been dreading for years: The moment when the total number of Chinese workers goes into decline for the first time in decades.
Since way before the 1990s, China has had one huge economic advantage over the rest of the world: Year after year, the number of people of working age increased.
Economic growth is closely tied to the growth in your working population.
Simply put, the more people you have working, the more wealth and wages you’re likely to create.
You can get these extra workers two ways: By getting pregnant or by letting immigrants come live with you.
For over four decades, China’s industrial revolution has been pulling in new workers year after year.
But that demographic wave is coming to an end and now the total size of the workforce is about to go…
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