52fighters

China also has a huge gender imbalance. All those excess men count differently than men in other countries with a balanced gender dynamic. Also, China’s demographics (according to the website) do not compare favorably to the US. That said, it’ll be India, Indonesia, Pakistan, Nigeria and places like this that production shifts to as China ages.

We are also seeing peak China. Their demographic problems will be a severe drag going forward. It’ll be a multi-power world, not a Chinese hegemony.

Social security does need reform. There’s no reason we should cap contributions. We also need more nuance by ability and type of work one does written we device retirement ages.