Earlier quoted context omitted.
> Although low birth rates have now become a problem, back then it seemed like a solution. They haven't, imo. I am from India, and I have been hearing for the last two decades how we have avoided same mistakes as China and the latter is headed for a demographic collapse. China is only marching forward, and focusing more on automation to hedge its bets. While overpopulation in India has choked almost every city in Ind…
European here. One of the problems is that many of our society's systems are predicated on a growing population. Social security and pensions, for example, are structured not unlike a pyramid scheme: for every old person we should have more than one working young person. People take more than they give. Fixing that will be painful, but possible. More worrying is how many countries' birth rates have fallen below the r…
I'm from a western country and I agree with your statement and have a similar fear. My country is doomed because of the pension system.
BUT this doesn't apply to China. Their system isn't structured this way, therefore this is mostly irrelevant for them.
As long as China have a working population bigger than most countries, as well such amazing universities, they will perform better than all those countries.
Even with the population decline, they'll still have more able workers than all western countries for at least the next 100 years.
Let that sink in.