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@Cowbee@lemmy.ml

Post #2683309

2025-12-30 21:48 UTC

China has a problem, sure, but it's not a "horrifyingly destructive demographics crisis." This is largely a cope narrative pushed by "China watchers." Further, [purchasing Power in 2022 was 25 times higher than 1978.](https://olac.com.ar/en/areas-en/chinese-modernization-en/the-evolution-of-wages-in-china-from-the-late-1970s-to-the-present-analysis-from-a-historical-and-international-perspective/) China has decent wages now, and they are only improving. The latest five year plan is also focusing on improving domestic consumption, ie improvements in living standards, and as such has better prospects than either the ROK or Japan when it comes to demographic issues, as both are struggling economically.

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