randomradio
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I have been trying to explain to Bussard when he posted about Japan's coffin industry. For the sake of mankind, ever growing population is disastrous to planet earth. Aging population does not mean dying country, it means the country will reduce their population to a correct equilibrium. With less people, the government can provide better services in child care, thereby maintaining the population at a certain band. I believe this is what Chinese government is trying to achieve, a population band within 500-800 million fluctuating in decades through government policies.
You can control population growth, you can't control ageing.
Precisely why having an ever growing population is not a good idea. Even China with their large job creating machine cannot cope with the increasing work force, let alone India. And if you read the article properly, it talks about underemployment, where struggling firms are keeping zombie workers for the sake of social security, what you don't realize is China has a serious labor shortage problem, it's a matter of whether these zombies are willing to relocate to those jobs.
China has a skilled labour shortage, not labour shortage.