In China, an Unprecedented Demographic Problem Takes Shape
Chinese society is on the verge of a structural transformation even more profound than the long and painful project of economic rebalancing, which the Communist Party is anxiously beginning to undertake. China's population is aging more rapidly than it is getting rich, giving rise to a great demographic imbalance with important implications for the Party's efforts to transform the Chinese economy and preserve its own power in the coming decade
Summary
Chinese society is on the verge of a structural transformation even more profound than the long and painful project of economic rebalancing, which the Communist Party is anxiously beginning to undertake. China's population is aging more rapidly than it is getting rich, giving rise to a great demographic imbalance with important implications for the Party's efforts to transform the Chinese economy and preserve its own power in the coming decade.
Analysis
Two reports in Chinese media highlight different aspects of China's unfolding demographic crunch. The Ministry of Education reported Aug. 21 that more than 13,600 primary schools closed nationwide in 2012. The ministry looked to China's dramatically shifting demographic profile to explain the widespread closures, noting that between 2011 and 2012 the number of students in primary and secondary schools fell from nearly 150 million to 145 million. It also confirmed that between 2002 and 2012, the number of students enrolled in primary schools dropped by nearly 20 percent. The ministry's report comes one day after an article in People's Daily, the government newspaper, warned of China's impending social security crisis as the number of elderly is expected to rise from 194 million in 2012 to 300 million by 2025.
Quote from: "cc li tarte"
In China, an Unprecedented Demographic Problem Takes Shape
Chinese society is on the verge of a structural transformation even more profound than the long and painful project of economic rebalancing, which the Communist Party is anxiously beginning to undertake. China's population is aging more rapidly than it is getting rich, giving rise to a great demographic imbalance with important implications for the Party's efforts to transform the Chinese economy and preserve its own power in the coming decade
Summary
Chinese society is on the verge of a structural transformation even more profound than the long and painful project of economic rebalancing, which the Communist Party is anxiously beginning to undertake. China's population is aging more rapidly than it is getting rich, giving rise to a great demographic imbalance with important implications for the Party's efforts to transform the Chinese economy and preserve its own power in the coming decade.
Analysis
Two reports in Chinese media highlight different aspects of China's unfolding demographic crunch. The Ministry of Education reported Aug. 21 that more than 13,600 primary schools closed nationwide in 2012. The ministry looked to China's dramatically shifting demographic profile to explain the widespread closures, noting that between 2011 and 2012 the number of students in primary and secondary schools fell from nearly 150 million to 145 million. It also confirmed that between 2002 and 2012, the number of students enrolled in primary schools dropped by nearly 20 percent. The ministry's report comes one day after an article in People's Daily, the government newspaper, warned of China's impending social security crisis as the number of elderly is expected to rise from 194 million in 2012 to 300 million by 2025.
Thank you for posting that informative article Ms. CC..
I do not like China, but I hope they do not descend into chaos.
You are very welcome
Yes, let's hope not. For humanitarian reasons (the people within) and for the rest of the world. Because of this globalization we have ourselves in, all will be affected ... at least in the short term
Quote from: "cc li tarte"
Yes, let's hope not. For humanitarian reasons (the people within) and for the rest of the world. Because of this globalization we have ourselves in, all will be affected ... at least in the short term
I am not savvy about these international affairs and how they will affect people like you and I the way you are Ms. CC..
But it seems too many countries are counting on China and to a lesser extent India to maintain their living standards.
In some ways that is true and a very very bad idea. I've always been a bit isolationist, ....well ... .certainly on trade. It has been sad for me to watch us sell out souls for cheap goods from countries that will never buy significantly from us ... as our workers loose jobs.
Buying from China (and others too), from countries where workers make very little, without major duties to correspond to the difference in base cost to produce an item and to allow for their currency manipulation. Their currency is deliberately devalued in order to sell to us for cheap. We have let it happen, to our peril
Quote from: "cc li tarte"
Buying from China, a country where workers make very little, without major duties to correspond to the difference in base cost to produce an item and to allow for their currency manipulation.
I did know that Ms. CC..
I do not like the way China bullies all it's neighbours, but as a Taiwanese I really hate the way they use their enormous market as leverage when they insist trade partners not recognize Taiwan's obvious sovereignty..
If a poll was done in Canada asking whether Canada should recognize Taiwan's de facto independence I don't think many Canadians would oppose it.
You are right in how China uses its clout. This sways politicians but not the people
China is not riding so high right now. Large as it is, it may fall quite a bit lower which will be a major game changer in all areas
Quote from: "cc li tarte"
China is not riding so high right now. Large as it is, it may fall quite a bit lower which will be a major game changer in all areas
My husband watched a program on TV about what a huge portion of the economy construction is in China..
Anyway, they have huge buildings and shopping centres sitting empty..
If real estate and construction in China collapses who knows the economic tidal wave it will unleash internationally and poltical upheaval internally.
Saw that last night on CBC. It is crazy.
The whole thing was surreal. New cities built for millions of people who never came now sit empty .. eerie ... like a B grade end of the world movie
They greatly overshot their anticipated increasing wealth and will pay a heavy price for it.
Quote from: "cc li tarte"
The whole thing was surreal. New cities built for millions of people who never came now sit empty .. eerie ... like a B grade end of the world movie
Maybe we all will Ms. CC.
To a degree. Actually, while many forecast problems here when China falls, I believe it will ultimately be good for us ..... our industries returning etc. Depends on how our politicians and business itself plays its hands
Quote from: "cc li tarte"
But wouldn't there be some deep short term pain Ms. CC?
Sorry for my ignorance on these matters.
:oops:
China is not my primary area of expertise either. There would likely be some short term pain. At least that is what many say.
Quote from: "cc li tarte"
Thank you for the helpful information Ms. CC..
You are a very intelligent lady..
I know this is off topic, but I feel so bad for you the way EU follows you around on Vancouver Forum with childish insults..
I don't like to talk bad about people, but he is not yet a grown-up..
It's getting late, so I am going to bed..
Goodnight Ms. CC.
People of such a low level never bother me. I take it as a glaring compliment that I am effective at saying what I want to say and what he doesn't want said. It's because I post info about the ideology of islam that make him uncomfortable, for reasons known only to him .. assuming it is a "him"
A day ago, he made a colossal error and didn't get a joke I made (jumped too fast .. thought I was serious .. caused by his blind obsession) so I added it to my sig, (for a little while). I will not play his "ongoing" game for long though
Maybe there are some here who know more on the China situation and will add info
Quote from: "cc li tarte"
A day ago, he made a colossal error and didn't get a joke I made (jumped too fast .. thought I was serious .. caused by his blind obsession) so I added it to my sig, (for a little while). I will not play his "ongoing" game for long though
I would be one of them. China has front loaded so much infrastructure spending that it would be impossible to maintain double digit growth for much longer. In fact, I believe it is already a thing of the past. They will have to learn to meet a restless populations expectations at 7+% growth. Sounds phenomenal by Western standards, but when they have come to expect rapidly double digit wage increases it becomes a problem. Already we are seeing some of China's factories heading to places like Burma.
Another problem as cc's article illustrated was demographics. I am a product of Chairman Deng's "one-child policy". It was necessary at the time, but it has been detrimental to China's development for the past decade and a half. A country getting old before they become affluent is unprecedented.
However, China has competitive advantages Western countries do not have. Beijing has more than 2 trillion US dollars saved for a rainy day fund. Also, the Chinese are the world's biggest savers. Unlike Canadians who now have more consumer debt than Americans, Chinese are saving 40-50% of their incomes. China can keep that growth rate high by using incentives for it's people to tap their nest eggs.
Everything considered, the EU faces a far beaker future than China does. EU's demographic problems are even more acute than China's. China also has better control over restless Muslim elements in Xinjiang province unlike the EU.
BTW, cc that twat Vesna showed her hypocritical true colours when she made a snide remark about your satirical sig while ignoring mr. idiot stalker's puerile sig for how long now? EU is one of the dumbest, nastiest immature, sexually confused posters I have ever encountered on any forum. Paint him Asian and he would fit right in on Model Minority. A complete and utter waste of space. The good news is that misfit will never reproduce.
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That's how the game works over there. Even when I pointed out exactly what you just mentioned, NADA response ... didn't have the ovaries (or more importantly, the interest) to reply
Do you recall which thread that was? I didn't find it and may pursue it further just to show the hypocrisy
Quote from: "cc li tarte"
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That's how the game works over there. Even when I pointed out exactly what you just mentioned, NADA response ... didn't have the ovaries (or more importantly, the interest) to reply
Do you recall which thread that was? I didn't find it and may pursue it further just to show the hypocrisy
Let's face facts, Vesna is a nasty, immature biatch that likes when idiotic trolls like EU do her dirty work for her.
I'll look over there and get back to you.
Quote from: "cc li tarte"
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That's how the game works over there. Even when I pointed out exactly what you just mentioned, NADA response ... didn't have the ovaries (or more importantly, the interest) to reply
Do you recall which thread that was? I didn't find it and may pursue it further just to show the hypocrisy
It was in the thread about Fashionista.
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thanks
Northern Chinese women are the best looking Asian babes.
Quote from: "Big Wave Dave"
Gong Li is from Shandong province.
Big Wave Dave should leave our women alone and go back to Europe