China’s Perfect Storm
by: Julie Clark, Author, Former Rancher, Lubbock, Texas
The industrialized world is growing old and nowhere is this happening faster than in China. Once both admired and disparaged for their strong but short sighted one child policy, China is now facing the results, an aging workforce that is accelerating faster than anywhere else in the world.
I am not criticizing China’s one child policy. They did what they had to in order to be able to feed their population, but limiting couples to one child in a male dominated society led to the death of a large percentage of female infants and that is now another contributing factor to China’s economic woes. Yes, some aspects of the one child policy should have been done differently, but hind sight is 20/20 and what is done is done.