China’s Population Problem Worsens
If population issues were like steel production, China would be making all the right moves. A rise of 10% in steel production can be generated simply by a government decree. Unfortunately for China, the same top-down, party-directed steps that would generate that increase in steel is not likely to be the right approach to reversing the population decline, and might make the problem worse. The problem itself is not unique to China. Many other countries face the challenge of a...