China's Demographics

Location Date: 
April 23, 2012

I thought Bloomberg's recent article regarding China's now 30-year-old "One Child" policy was very timely given its' economic situation and focus on boosting consumption. This quote was especially interesting:

"While the U.S. and Europe took about 100 years to become aging societies, in China it has taken less than 40 years. For the first time we are seeing a country getting old before it has gotten rich."

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Jim McGovern