Re:China’s property giant Evergrande files for bankruptcy pr...
by starfallg on Friday August 18, 2023 @03:55AM
(#37172542)
China has a poor social security net. The one-child policy has resulted in a couple having to provide or care for 4 parents and 8 grandparents.
That's is in no way sustainable on an individual level and worse on a societal level when you have a small working population and a large number of people that require care.
That's is in no way sustainable on an individual level and worse on a societal level when you have a small working population and a large number of people that require care.