16 Mar 2022
Asian Century: China
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
There is not much doubt that this will be the Asian Century given that half of the World’s population live in this region however China may not be as dominant as has been previously forecast.
The One-Child Policy implemented by China between 1980 and 2015 to curb the country’s population growth.
Restricting the majority of families to a single child will have a dramatic negative impact on China working age population over the next three decades and this is expected to limit China’s ability to dominate in the way that the United States of America has economically dominated all other nations.
An excellent research paper from Lowy Institute.
Click to read.
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