China reverses one child policy

Posted: October 30, 2015 in Uncategorized

China is reversing the one child policy.

It is easy to understand why. In 2007 there were circa 167 million Chinese over 60. By 2050 there will be approximately 500 million. Half the working population and without a proper pension system.

They need to reverse the error, but you will be sure it will bring unintended consequences – even if it works (as even the Party can really order to make babies).

One it will be an increase of wealth of the already divided wealthy coastal China and poor inner China with more social economical issues.

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