The Long Reach of China’s Demographic Destiny
Although China is on the verge of escaping the dreaded "middle-income trap," it is aging fast and facing significant economic headwinds as a result. After underpinning the unbalanced and ultimately self-destructive economic relationship with the United States for decades, the one-child policy will continue to exact a toll.
MADISON, WISCONSIN – The deterioration in US-China relations is ultimately due to the bilateral trade imbalance and to US frustration with Chinese politics. Both can be traced back to China’s one-child policy, which was in place from 1980 to 2016.