China has “Japanified” its economy. Its working age population peaked 10 years ago. It is aging rapidly and has extremely low birth rates. It has built up huge amounts of domestic debt in central-planning efforts to continually boost the economy. Property is the only means of storing wealth for the middle-class, which has perverse effects on many things in society.
RE: It is aging rapidly and has extremely low birth rates.
From a one child per family policy, China has now adopted a two child per family policy. Will this help?