The Part of China With No Fertility Problem
Unlike the country’s slowing population growth, state-owned enterprises continue to sprawl. It may be too late for self-restraint.
The China Huarong Asset Management Co. headquarters in Beijing
Photographer: Yan Cong/BloombergChina has two problems with opposite momentums — one of seemingly irreversible shrinkage; the other of uncontrollable sprawl. The first has been written about a lot recently: The slowing population growth that threatens the country’s economy. It’s hard for the government to convince people not to choose smaller families when some men are willing to undergo surgery to maintain their family finances.
The second issue is more difficult to squeeze into a sexy headline but it’s also a risk to the economy. So I’ll try: China’s State-Owned Enterprises Need a Vasectomy.