solarz
Brigadier
After reading the above article, it has become clear to me why western media is always so wrong when it comes to China.
A common trend in all western news articles about China is they all take a few exceptional characteristics and try to infer consequences as if the exceptionality was universal. In this case, the author of the article thinks just because middle-class Shanghai couples don't want a lot of children, it somehow applies to the rest of China.
The same thing goes for the famous "ghost cities" myth. They look at a few empty development areas and conclude that China has a massive real-estate bubble, while completely ignoring the huge housing demand in the rest of the country.
The so-called "largest ghost city" in China is now full of people. People who keep harping about China's "real-estate bubble" simply don't understand that housing prices will *never* crash in China as long as potential Mother-in-laws demand houses for their daughters.
In short, these kinds of articles never bother to make more than a superficial report, without any understanding of how the rest of the country works.