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0 sats \ 3 replies \ @OT OP 13 Oct \ parent \ on: Western Executives Visiting China Come Back Terrified econ
Maybe...
That's lot of people to care for.
It is a classic example of government responding to known trends and directing capital toward where it can achieve strategic economic advantage.
At the same time the Chinese government has raised the age of retirement from 50 for women and 55 for men to 55 and 60 respectively.
Governments responding to known trends with logic and capital direction can significantly advantage an economy.
Market forces alone are not sufficient.
Another example is the strategic advantage China now holds with rare earth supply chains.
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Yes but that is not a logical response to the point I have made.
You demonstrate inability to engage in sequential reasoned debate where you recognise understand and respond to a respondents points.
The Chinese governments deliberate fostering of robotics does logically respond to the population and demographic trends you refer to...while also increasing Chinas international competitiveness and war readiness.
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