China is trouble from a population perspective. The one child policy hurt a lot of factors. You now have 3 men to 1 woman ratio. The majority of their population is over the age of 40. In 10 years there is not going to be enough young people to take care of all the old people. Think nursing homes, hospice care, retirement communities, and general hospital staff.
Then there is the economic impact. They won't be able to fill the job openings and the economy is going to shrink or just flat out collapse. This doesn't even take in account of all the currency manipulation they have done.
It's a sinking ship and that's why companies have pulled out of China. Mexico just overtook China has the #1 exporter to the US. The tide is turning.
China is trouble from a population perspective. The one child policy hurt a lot of factors. You now have 3 men to 1 woman ratio. The majority of their population is over the age of 40. In 10 years there is not going to be enough young people to take care of all the old people. Think nursing homes, hospice care, retirement communities, and general hospital staff.
Then there is the economic impact. They won't be able to fill the job openings and the economy is going to shrink or just flat out collapse. This doesn't even take in account of all the currency manipulation they have done.
It's a sinking ship and that's why companies have pulled out of China. Mexico just overtook China has the #1 exporter to the US. The tide is turning.