Tag: Western countries
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Does China Own the Future?
The FT columnist Gillian Tett argued this week that global markets are revealing an interesting paradox: on the one, hand, rising stock prices show that investors are feeling somewhat more optimistic about the future. On the other, gold and bitcoin (both seen as hedges against losses and volatility) ...
Why African Immigrants Won’t Help Offset China’s Declining Population
China, like other large northeast Asian industrial economies, is facing a rapidly declining population that threatens its long-term economic growth. The fundamental problem is that there aren't enough younger working-age people to support a ballooning population of retirees who often require ...