It probably is in "too late" territory. Because you have entire generations of Chinese people who were raised as only children, so they only have a single child themselves. If they even HAVE children in the first place. Many take up the same sort of carefree life having their income all to themselves with no children.
Which has caused wages in China to start climbing big time, which means many companies are looking for new places to set up shop that have lower wages and less opportunity to have the situation blow up in their face. As I have said in several other threads, I have seen a lot of product at my work go from being made in China to being made in Central America (Guatemala, El Salvador, Honduras, etc), and that is before you get back to some companies actually starting to come back to the United States because the shipping cost are getting so extreme its cheaper to pay higher wages in the US than go overseas (although most of that Heavy Industry is going to the South rather than the Rust Belt, so there will still be issues up there).
Oh by the way: Another thing that they are worried is heading for China? A housingbubble so extreme it will make 2008 look like a jog in the park. And when that happens, good luck getting foreign investors (which are basically the only think propping up China right now).
I've heard some analysts talking about China heading for a demographic collapse. If they're right, it's already too late.
It probably is in "too late" territory. Because you have entire generations of Chinese people who were raised as only children, so they only have a single child themselves. If they even HAVE children in the first place. Many take up the same sort of carefree life having their income all to themselves with no children.
Which has caused wages in China to start climbing big time, which means many companies are looking for new places to set up shop that have lower wages and less opportunity to have the situation blow up in their face. As I have said in several other threads, I have seen a lot of product at my work go from being made in China to being made in Central America (Guatemala, El Salvador, Honduras, etc), and that is before you get back to some companies actually starting to come back to the United States because the shipping cost are getting so extreme its cheaper to pay higher wages in the US than go overseas (although most of that Heavy Industry is going to the South rather than the Rust Belt, so there will still be issues up there).
Oh by the way: Another thing that they are worried is heading for China? A housing bubble so extreme it will make 2008 look like a jog in the park. And when that happens, good luck getting foreign investors (which are basically the only think propping up China right now).
That was mentioned in the analysis I read. Your video said that 20% of houses are vacant. The analysis I read put it at an even 25%.