Börse Express – Turning point for China: Experts warn of the devastating consequences of an “unimaginable” population crisis
“China’s demographic and economic prospects are bleaker than expected,” says US social scientist Yi Fuxian of the University of Wisconsin. “China will have to go through a downsizing process.” It must also change its social and economic policies. The surplus of working people, which had boosted China’s economic miracle as the “workbench of the world”, … Read more