The Perfect Storm: China's looming housing crisis and population collapse
Is China going to exist in a decade? That is a serious question.
They have a looming housing crisis that is much larger than what the United States experienced in 2008-2009, but they also have a population crisis. With their "one child" policy from the 1980s, their birth rate has been significantly below the replacement rate necessary to keep or grow their population in the future. In fact, no matter what they do, it is impossible for them to achieve the replacement rate required to keep their population from declining drastically over the next decade.
So, is it true that the Chinese are good at math? It seems like the answer is an astounding: No!