While China currently looks to be taking over the world, it faces serious problems. For right now, the PRC's economy is slowing significantly. But in the longer term the country looks to be caught in the classic ‘middle income trap’, in which the population grows old before the country becomes rich.
China's Population Woes
China's Population Woes
China's Population Woes
While China currently looks to be taking over the world, it faces serious problems. For right now, the PRC's economy is slowing significantly. But in the longer term the country looks to be caught in the classic ‘middle income trap’, in which the population grows old before the country becomes rich.