“I agree with all of your points. I would add that the one child policy has created a schizophrenia in China. They claim that they cannot support 1.5 billion people yet are terrified at what the demographics of the one child policy will do now in one generation.”
On the surface, China looks like a fat, happy, rich, growing superpower. But they have a lot more problems than you might think. The demographic issues you mentioned, horrendous pollution and environmental damage, imbalanced distribution of wealth between the cities and rural region, endemic corruption, widespread discontent among farmers, and finally a relatively impotent government that lacks the imagination or ability to solve these problems.
We might have problems and we might be unhappy with the current president, but America’s troubles don’t really seem all that bad compared to the ticking time bomb in Asia.