Read the damn link i post next time so you dont look more stupid. so here ill post it straight out from chinas mouthpiece newspaper global times
"Japan, South Korea and Singapore took different approaches to
overcome the middle-income trap and successfully fostered a stable middle class to form a rugby-shaped society in terms of income."
https://www.globaltimes.cn/content/985626.shtml
How 3 East Asian countries have overcome middle-income trap
ok, well make sure you send this nonsense to central bank of china and all the world economists i am sure theyre stupid publishing papers and making the government remove thier one child policy
"The aging of the population has further deepened, and in the coming period [we will] continue to face pressure for the long-term, balanced development of the population," Ning Jizhe, head of China's statistics office, said at a news conference Tuesday in Beijing."
https://www.npr.org/2021/05/11/9954...drops-as-census-data-warn-of-aging-population
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"In two dedicated sections of the paper, researchers from the People’s Bank of China laid out how these demographic issues put China at an economic disadvantage to the U.S. and India.
“If my country has narrowed the gap with the U.S. over the past 40 years by relying on cheap labor and the bonus of a huge population, what can it rely on in the next 30 years? This is worth thinking over,” the authors wrote in Chinese, according to a CNBC translation."
"In 2019, China’s workforce as a proportion of the total population was 5.4 percentage points higher than the U.S. However, by 2050, China’s workforce proportion will be 1.3 percentage points smaller than the U.S., the paper said"
https://www.cnbc.com/2021/04/15/chi...aper-suggests-dropping-childbirth-limits.html