Changing Global Demographics: China’s Little Emperors
That China’s One Child Policy will eventually wreak havoc on China’s economy will come as no surprise to HS Dent readers. We have written for years that China will find it impossible to sustain a viable domestic consumer economy when the younger generation is, due to the simple math of one child per every two parents, half the size of the preceding generation. Others have commented on the effects on the country’s tax base and pension system. The result will be an unmitigated disaster for China as the country grows old before it grows rich. The “China Century” that many sinophiles love to speak of will be aborted–like so many anonymous Chinese babies due to the One Child Policy.
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