Chinese women have more children than American women
The fertility rate of the USA and China is the same - 1.7 children per couple. China's facing a huge demographic crisis in the coming decades, primarily as a result of the one child policy.
It’s not a demographic crisis, but an economic one. China’s citizens will be fine if the economy is appropriately managed (with healthcare and elderly care prioritized over more frivolous spending/investment categories), but China and the CCP will have diminished power with less labor and consumers available. It’s an important distinction.
There's still a short-term dependency ratio crisis brewing. Healthcare and eldercare are very labor-intensive, low-productivity industries; if you "prioritize" them such that all of the old get adequate care, the rest of the economy is going to be severely starved of workers. That's going to cause a standard of living drop that working-age Chinese may or may not be okay with.
Over the long run a lower population usually leads to higher quality of life for each individual, but you've got to get to the long run first.
The fertility rate of the USA and China is the same - 1.7 children per couple. China's facing a huge demographic crisis in the coming decades, primarily as a result of the one child policy.
Is this really true? No wonder America seems more depressing every day. I didn't realize China's fertility rate was so high (thought it would be <1).
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Not commenting on the rest of your comment, but
The fertility rate of the USA and China is the same - 1.7 children per couple. China's facing a huge demographic crisis in the coming decades, primarily as a result of the one child policy.
It’s not a demographic crisis, but an economic one. China’s citizens will be fine if the economy is appropriately managed (with healthcare and elderly care prioritized over more frivolous spending/investment categories), but China and the CCP will have diminished power with less labor and consumers available. It’s an important distinction.
There's still a short-term dependency ratio crisis brewing. Healthcare and eldercare are very labor-intensive, low-productivity industries; if you "prioritize" them such that all of the old get adequate care, the rest of the economy is going to be severely starved of workers. That's going to cause a standard of living drop that working-age Chinese may or may not be okay with.
Over the long run a lower population usually leads to higher quality of life for each individual, but you've got to get to the long run first.
Population debt can be a useful tool when not abused, but it must be paid back.
I'm not sure what that means but perhaps they aren't mutually exclusive?
If you’re optimizing for GDP, it’s a crisis. If you’re optimizing for quality of life, not necessarily.
Is this really true? No wonder America seems more depressing every day. I didn't realize China's fertility rate was so high (thought it would be <1).