China Hits the Demographic Great Wall

Demography, coupled with technology and human behavior, is destiny; and unlike the other two components of “destiny’s trident,” demography is highly predictable. That’s why, more than twenty years ago, the Trends editors were able to confidently predict that 2015 will represent a crucial turning point in the history of China and the global economy. Until now, China has been able to rely on urbanizing and educating an enormous, growing workforce. But today, the potential workforce has peaked and China’s future growth depends almost entirely on productivity gain.....