Remember that China is younger than the US right now, but in 20 years, this will reverse.
If it takes them 20 years to get it right, their labour costs will have skyrocketed anyways.
China is doomed, between the vise of population control and poverty.
Only time will tell. However, the incredibly fast rise of Christianity in China (in secret, largely) is perhaps a signal that things are changing at a fundamental level.