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By 2020, almost 30% of the Chinese population will be over 60. Of those under 60, about 60% will be men and 40% women. That doesn't sound very promising. How do things look in India?

Asians are more family oriented. Old people will be taken care of by their immediate offsprings, the government will only have to play a limited role. Thus the burden that China's aging population will have on the Chinese economy will not be as large as predicted, in fact it would likely force the offsprings to be more productive. Once the "boomers" die off, China's economic situation would be drastically improved as its offspring population are much more educated. The generation gap between the current Chinese "boomers" and their offspring is incredibly large. Ultimately a leaner population is not to the disadvantage of a crowded country like China.

Well, if the children are responsible for taking care of their parents, how can they work in factories all the time as well? Especially if they are not so young themselves, and half the youngest generation is missing because of a shortage of women.