Sunday, April 18, 2021

People’s Bank of China Urges Gov’t ‘to Encourage Childbirth’ to Compete With US — Oleg Burunov

In February, the Chinese Public Security Ministry claimed in a report that the number of newborns in the country nosedived by at least 15% in 2020 amid the coronavirus pandemic and growing economic downturn.

The People's Bank of China (PBOC) has argued that the country should “fully liberalise and encourage childbirth” in order to increase its labour force, which in turn would help Beijing successfully compete with other countries, including the US and India, economically.

In a survey published earlier this week, the PBOC predicted that in the next three decades, China's population could decrease by about 32 million people, while the number of inhabitants in the US might grow by 50 million before the end of 2049, not least due to mass immigration.

Researchers also warned of shrinking a labour force in China over the next few decades, with the US expected to see an increase in this regard.
“[…] to narrow the gap with the United States in the past four decades, it [China] relied on cheap labour and huge numbers of people. […] What will we rely on in the next 30 years? This is worthy of our thoughts”, the researchers pointed out.
They suggested that in 2030, China's population may reach its peak at about 1.46 billion people, and that it will then plummet to 1.40 billion by 2050....
Sputnik International

13 comments:

Andrew Anderson said...

Ha! ha! If you live long enough you'll see everything preached and its opposite!

Peter Pan said...

Plenty of young migrants from around the world if China wants them.

Tom Hickey said...

Plenty of young migrants from around the world if China wants them.

They don't want them. US is a melting pot. China is not.

Andrew Anderson said...

It'll be interesting to see if Muslims melt. My guess is no since US culture is a low bar indeed.

Peter Pan said...

They don't want them. US is a melting pot. China is not.

Or rather, Chinese are racist, and Americans are not.

lastgreek said...

I think it's more like noone wants to go to China. Not even if they promised me free braised pork balls for life would I consider it.

Tom Hickey said...

Not just China. I have non-Chinese friends in Singapore and they tell me it is "Chinese," not Chinese national but ethic Chinese, and there is a glass wall if you are not Chinese. Some occupations are closed unless one knows Chinese.

I assume this is also largely true in Chinatowns around the world. Anecdotally and through experience, I know it also true with respect to at least some Koreatowns.

I dated a Japanese woman many years ago. She let me know she was upperclass. Her father came from a samurai family. He lost his life in WWII as a kamikazi pilot on a suicide mission against the US Navy. She was proud of it, not sorry. Ironic, since I was a UN naval officer at the time. Anyway, nice lady but it didn't work out when I came to realize that she was prejudiced against white people. There is practically so immigration into Japan either.

Bias apparently exists everywhere, cultural, ethnic, class, caste, etc. That affects immigration. Even though Russia as a lot of territory and could take a lot more people, it is very selective about immigration.

While the West is more open to it, it is not without issues either. Most populations prefer population expansion mostly driven from within.

lastgreek said...
This comment has been removed by the author.
lastgreek said...

You dated the daughter of a kamikazi pilot? Wow. I hope you did it for the good ol' USA :)

Speaking of Samurai... my wife the other day bought some fancy German-made steak knives. There so fancy we're only supposed to use them on special occasions. She says the German quality in knives is second to none. I says nonsense: Japanese knife manufactures are even better... they use Toyota technology. Can't beat that!

Peter Pan said...

Fraternizing with the enemy... they don't call me hickey for nothin' ;)

Matt Franko said...

Greek I used to travel to China... one time I was having breakfast in hotel had self service juice fountains the old fashioned type where the juice was in a clear tank and it was shot up onto lid and recirculating thru chiller to keep it mixed and then it had a dispensing tube you would take your glass and push against a lever and the juice would come down a gravity tube into your glass...

So they had two types maybe orange and grapefruit... so the one I tried was clogged so I got the other...

So the young waitress saw me not get any juice out of the one so she went and got a chair and moved it over in front of machine and climbed up on the Chair took the lid off and rolled up her sleeve and put her whole arm down into the tank and started to pick at the clogged tube entrance with her fingernail to try to unclog it...

So I gave her an A for initiative but ordered steaming hot coffee right away...

Tom Hickey said...

Matt, I was in Taiwan in the 60's. That's nothing, but I don't want to disgust any of you. They survived and thrived anyway. BTW, I ate street food in many Asian countries and never got sick.

Matt Franko said...

Yes me too I never got sick over there and ate a lot of street stuff too. had beer with everything.... passed on the shots of raw snake blood...

Addicted to soy seasoned dried squid still... it’s like poor mans beef jerky... but all protein and doesn’t require refrigeration so you can take it along for snacking..

Did Mongolian bbq often too that was all fresh veggies and cooked on the grill top and the meat was still frozen when you put it in the grill and those grills are red hot... fond memories...