Reply to post: Re: Who cares ?

Three million job cuts coming at Indian services giants by next year, says Bank of America

a_yank_lurker

Re: Who cares ?

The emphasis on demographics is based on the low overall Chinese birth rate and rapid aging of their population. At some point there are too many elderly who are retired and not spending much money and not enough workers to pay the necessary taxes to pay for all the government spending. To be fair, China is not the only country with demographic problems.

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