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by stvswn 1708 days ago
With reference to their housing and energy problems, and solutions, you might want to check in on current events!

With regards to faith in centrally planned interventions: China also had an overpopulation "problem," and they "acted" and now the population of women of child-bearing age is set to diminish by 20% over the next decade.

Outside of the largest megacities, urban populations are shrinking as birthrates have plummeted. China has enough empty housing to house 40 million people and yet real estate prices remain too high -- real estate was relied upon to fuel growth and so there has been massive speculation.

There aren't enough new families being formed to fill the housing.

As far as energy is concerned, China's problem is that the price of coal is going up, mainly because Europe requires more coal as they have reduced domestic capacity at the same time that Russia is reducing NG exports. China runs on coal, mainly.

I feel lucky that we didn't have so much "action" because it's only going to get uglier from here on out for China.