I saw your video on China's demographic decline, I really enjoyed it. I have some things to say about that topic. China's workforce is getting better educated every generation. The new people entering the Chinese workforce have much higher levels of education then their predecessors. Higher education = higher skills Higher skills = higher wages Higher wages = higher consumer spending Higher consumer spending = higher growth. Commentators like Yi Fuxian fail to acknowledge the effects of having a better quality workforce. Keep in mind, this will not change China's underlying demographic issues, but it will ensure their growth for around another 10 years. These 10 years will be crucial for China to make societal and economic reforms as a superpower. Thanks for your time if you read this far :)
This is a very interesting insight, task you very much for this. I find it difficult to really get a good grip at the topic, because it’s so multi faceted. Appreciate that you took the time to write this form.
"He has risen" thank you for sharing your faith. Have a "Happy and joyous Easter"
Thanks for watching Vince!
I saw your video on China's demographic decline, I really enjoyed it. I have some things to say about that topic.
China's workforce is getting better educated every generation. The new people entering the Chinese workforce have much higher levels of education then their predecessors.
Higher education = higher skills
Higher skills = higher wages
Higher wages = higher consumer spending
Higher consumer spending = higher growth.
Commentators like Yi Fuxian fail to acknowledge the effects of having a better quality workforce.
Keep in mind, this will not change China's underlying demographic issues, but it will ensure their growth for around another 10 years.
These 10 years will be crucial for China to make societal and economic reforms as a superpower.
Thanks for your time if you read this far :)
This is a very interesting insight, task you very much for this. I find it difficult to really get a good grip at the topic, because it’s so multi faceted. Appreciate that you took the time to write this form.