Re:India is easing sourcing norms for single-brand retailers...
by magicsmoke on Wednesday August 28, 2019 @05:43PM
(#20824303)
The current issue right now is that as China develops they're going through the same demographic decline a lot of other developed nations are going through, and it's not certain that removing this outdated cap on their population growth will actually solve their demographic problems. They got rid of their one child policy 3 years ago when they realized there was a population crunch in their labor force coming.
Re:India is easing sourcing norms for single-brand retailers...
by avocado4 on Wednesday August 28, 2019 @07:26PM
(#20825106)
Due to past 1 child policy China's average age is on par with US now, and much higher than other developing nations. But the level of development is still very low relatively speaking. 10 years from now they'll have 400 million old people, plus another 100 million sick from pollution and other public health issues. From my conversations with party members their plan is to automate the doctors by then.
Re:India is easing sourcing norms for single-brand retailers...
by gingabriska on Wednesday August 28, 2019 @08:05PM
(#20825385)
But isn't it basically take care of by automation? They simply do not need that many workers now.
If I understood this comment correctly, after another 10 years the 1 child policy will no longer be in effect? What are the chances it'll be extended? What are they doing to prepare for the population boom?