Demographic doom is frequently cited for China but I rarely hear about the doom of Europe which has worse demographics. Demographics can be topped up using immigration. Without immigration the US would also be in demographic decline.
The problem is that their average age moves up, and productivity decreases as people hit or near retirement. Unless China starts opening up to immigration (not impossible), they are going to be Japan without being rich yet.
> I rarely hear about the doom of Europe which has worse demographics.
Europe has immigration. China does not. If China is willing to embrace e.g. the African aspiring immigrants who have come to Guangzhou in recent years, things could change quickly, but I'm not really seeing. Japan did not, and that's why you can get a house for a reasonable price in Tokyo these days.
Is there a better website to search for these reasonably priced houses?
[0] https://housingjapan.com/buy/search/#c={%22p[h]%22:%22100000...
https://resources.realestate.co.jp/news/how-much-does-it-cos...
I only mention it because someone brought it up a few days ago when there was a debate on why real estate prices were so high in the USA.
On the left in price range you can select max 10,000万円 to see houses under 100 million. Zoom out on the map to start seeing some dots.
There is a reason people move to the US. Good luck to the CCP attempting to reproduce that.
Also machines are coming for your jobs, you wont need that many people anyway.
Highly qualified workers from Europe still come to the US too.
Doom of Southern Europe, however, is talked about quite a lot.