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
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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.
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