this post was submitted on 13 Aug 2023
377 points (93.9% liked)
Memes
22 readers
1 users here now
Good memes, bad memes, unite towards a united front.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
China is going to lose several hundred million people in the next few decades and be stuck with a large over investment in infrastructure. There is a great example of that happening in the US: Detroit.
No, China can't over invest in infrastructure. Infrastructure isn't an investment to them. It is a communist party. Look at high-speed rail. They lose a bit of money on it every year. However they don't plan to cut services. The government is willing to spend money to take care of it's people. Imagine if our government used some of our infinite defense budget to take care of us. It's be like that.
As to population decline. They had a one child policy before. If it happens, they know how to handle that kinda thing.