Originally Posted by
Asturias56
China has maybe 20 years before the burden of carrying an enormous number of old people becomes overwhelming. Problem with a one-child policy is that eventually each child has to pay for two parents ........ especially in a country with such a poor social service provision as the PRC. The population has just about stopped growing - they don't have any inward migration to fill the gaps.
Presumably the Chinese strategy is to build up enough assets world wide near term that the returns will then help support their aging population, sort of Belt and Road as a Social Security payer.
No idea whether that can work, but it seems more sensible than blowing $15 trillion on completely counterproductive Mid East wars.