On page 5 of my notoriously “alarmist” book, I asked, “Will China be the hyperpower of the 21st century?”, and answered no: It will get old before it’s got rich.

Like Japan and Russia and the “experts” at The Economist, China has now begun to figure it out. From the London Times:

China Steps Back From One-Child Policy

By the way, demographic decline is one more reason why they’re never gonna sign on to the ecochondriacs’ emissions regime. A cheap labor market with aging and dwindling labor doesn’t need any more self-inflicted wounds.