THE AMERICA ONE NEWS
Feb 22, 2025  |  
0
 | Remer,MN
Sponsor:  QWIKET AI 
Sponsor:  QWIKET AI 
Sponsor:  QWIKET AI: Interactive Sports Knowledge.
Sponsor:  QWIKET AI: Interactive Sports Knowledge and Reasoning Support.
back  
topic
Powerline Blog
Power Line
3 Mar 2023
Steven Hayward


NextImg:The Daily Chart: China's Collapsing Workforce

One of the major questions about China is whether it is going to grow old before it finishes growing rich (or before it can swallow up Taiwan). The Financial Post reports today that that in the aftermath of the Wuhan Flu (since we can now go back to calling it that), China’s workforce has shrunk by 41 million over the last three years, which is equivalent to the entire workforce of Germany.

How is China going to respond? As Communists usually do:

The country’s ruling Communist Party has listed retirement age reform among its key economic tasks for the year. More detail on reform plans may be provided this month, when the annual government work report is presented at the National People’s Congress — an annual meeting of China’s rubber-stamp parliament.

The strength of public opposition to any changes was highlighted last month, when a research report from Citic Securities forecasting a rise in the retirement age for women starting in 2025 sparked widespread criticism online.

Makes you wonder, though, if starting a war over Taiwan looks look like an attractive proposition.