1.11.10

Young India will overtake aging China :John Howard

China might be touted the world over as the next superpower, but former Australian Prime Minister John Howard also sees it as an aging country that might, in the long run, lose the advantage to a younger India. Howard said China’s onechild policy and closed political system will eventually prove to be its undoing. “China ... will grow old before she grows rich, she’s got a terrible demographic problem because of the one-child policy. (China) is a rapidly aging country, whereas a country like India is a younger country. I wouldn’t be surprised if by the end of the century India is a more powerful country,” he said, adding that China will have to take a hard decision sooner or later.

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