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China doesn't have a population problem, they have a problem with speculation leading to unsustainable infrastructure/housing/economy....
It's the kind of thing that easily happens during a rapidly growing economy. They need to put the brakes on it before they find out the whole thing is a bubble.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
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