| Whoa. Sounds like an American trained by the "religious right" to me, not a potential $10 M investor. How do we know who this Pete guy is? Surely people with $10 M ought to have better informants. "Forced one child policy"? Hah. Plenty of rich families in Shen Zhen had two children just to show off that they could afford to, and that was back in 1998. In Shanghai I think the two-children show-off trend didn't take hold, at least not in 2005 that I could see. But then all the children are in private schools during the week and you hardly see any of them. As for who will be wealthier, well, China is serious about alternative energy development which the U.S. government has ignored. Who's going to win that race? Duh. The U.S. had a two child policy after WWII but it was done by social pressure. Only "lower class" people had lots of kids and no one wanted to be lower class. Suddenly couples from large families had only two kids, and by the 1960s people were criticized for having three and being "selfish." It wasn't official policy, but it worked even better than if it had been. The boy-girl ratio is another problem, and the Chinese government is working on a policy for that, I believe. Woe unto them if they don't. |
One Child Policy in China