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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: dan6 who wrote (137352)12/25/2017 12:09:57 PM
From: elmatador  Read Replies (2) | Respond to of 217649
 
Impact of fast ageing is daunting. The stimulus today will stop as well as the investment in armed forces.

Standard Life's Alex Wolf points out, diverting government funds to retirees and the elderly means China has "less space for fiscal stimulus, while at the same time it will confront the traditional ‘guns versus butter’ debate," he says.

That means today's money going into OBOR and to gain influence should be kept to finance support for the elderly.

That also means that there will not be money for too many toys for the defense establishment.

It is the sheer sped of the ageing that is a typical China problem:
According to the UN, it will take China just 20 years for the proportion of the elderly population to double from 10% to 20% (between 2017-2037). The next closest is Japan where it took 23 years. By comparison, it took 61 years in Germany and 64 years in Sweden.