Re:China: The Disappearing Millionaires (2019) [video]
by godtoldmetodoit on Monday January 04, 2021 @09:10AM
(#25631506)
China is definitely facing some fundamental issues now - #1 being their aging population. Their demographic profile is a major drag on growth and will only get worse over the next few decades.
When you have an aging population, the young need to take care of them, and when the old outnumber the young that tends to result in angst as the young are not as well off as those who came before them.
When you have an aging population, the young need to take care of them, and when the old outnumber the young that tends to result in angst as the young are not as well off as those who came before them.