At 54, China’s average retirement age is too low
www.economist.com
The government’s efforts to raise it face stiff opposition

This is why US establishment has so much fear and loathing towards China.

Imagine if Americans say, “Whoa, whoa! Wait a minute! The Chinese retire at 54?”

“What’s going on here in the capitalist paradise where 70-year-olds are forced to work at Walmart?”

  • Life2Space@lemmygrad.ml
    ·
    1 year ago

    Automation is also rapidly replacing menial human labor in labor-intensive manufacturing, and even, to some extent, human labor* in capital-intensive manufacturing. This shifts people away from repetitive and mundane low-value manufacturing and into service jobs, such as child or elder care; all this while keeping the supply chain inside China instead of de-industrializing and exporting it to foreign nations, like what the US did.

    Edit:*

      • Life2Space@lemmygrad.ml
        ·
        1 year ago

        https://twitter.com/zhao_dashuai Not the most rigorous, but you can see just how advanced China's industrial capabilities are. Just scroll down and look for related topics.

        Edit: https://www.sinodefenceforum.com is also pretty good. If you go to the science and technology sections, you can often find updates on China's progress in key, emerging technologies, along with sources to the original papers.

        Edit 2: r/sino at Reddit and simp.com, such as this article https://www.scmp.com/news/china/politics/article/3231715/china-eyes-robot-manufacturing-way-fuel-economic-growth?module=lead_hero_story&pgtype=homepage, can also be decent sources of information, along with sources.