Demographics may decide the U.S-China rivalry
Demographics may decide the U.S-China rivalry
- July 3, 2019
- Wang Feng, sociology, in Axios, July 3, 2019
But Wang Feng, a professor at the University of California at Irvine, said the demographics
ultimately threaten the government's political hold because it will no longer be able
to afford social payments to the public. "By our estimates, public spending on basic
social welfare provisions, education, health care and pensions, will eat up the entire
government fiscal revenue, as its current share of GDP, in the coming decades," Feng
tells Axios.
For the full story, please visit https://www.axios.com/demographics-decide-us-china-rivalry-64ef68fb-b34e-4216-870b-0a6cf0d8b946.html.
Share on:
Related News Items
- Wang Feng and Gene Tsudik are named 2024 Guggenheim Fellows
- China's Age of Abundance: Origins, Ascendance, and Aftermath
- How China is tackling a population crisis
- China is facing a brutal reality as it desperately tries to fix its population decline problem
- China's population declines for the 2nd year in a row
connect with us