william the wie
Gold Member
- Nov 18, 2009
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If you look at the ILO numbers China's labor market looks decent but not great. Only one huge problem, ILO numbers assume a retirement age of 65, Chinese retirement ages for Urban workers are 55 for women and 60 for men. The actual labor force in China has been shrinking for more than a decade, not the four years usually cited.
The one child policy is finally being relaxed. Not really. Children with non-Chinese citizenship have never counted against the one child policy. Maternity tourism is widespread among those who can afford it, children by foreign nationals do not count.
China towns are found all over Africa but obviously the Chinese crews sent to build roads, hospitals and other projects are not building up China.
The @ 10 ghost towns of the worldwide real estate bubble have been joined by many more since the meltdown for the same reasons Japan has many ghost towns, lack of workers.
China claims, and probably with good reason, that it is manipulating its currency to reduce capital flight. Given the number of Chinese bids for Canadian and Australian real estate that seems to be true. So what are the effects on the US market.
The one child policy is finally being relaxed. Not really. Children with non-Chinese citizenship have never counted against the one child policy. Maternity tourism is widespread among those who can afford it, children by foreign nationals do not count.
China towns are found all over Africa but obviously the Chinese crews sent to build roads, hospitals and other projects are not building up China.
The @ 10 ghost towns of the worldwide real estate bubble have been joined by many more since the meltdown for the same reasons Japan has many ghost towns, lack of workers.
China claims, and probably with good reason, that it is manipulating its currency to reduce capital flight. Given the number of Chinese bids for Canadian and Australian real estate that seems to be true. So what are the effects on the US market.
