China is facing an aging population that will increase pension and health care costs, Baby Boomers are having on the United States, and decrease the competitive advantage afforded the country due to large quantities of cheap labor as its population leaves the labor force. Due to the one child policy, the squeeze will be much greater in China.
Perhaps requiring adult children visit and pay attention to their parents is a way to provide for the mental well-being of the elderly? And help diminish the costs on state to care for them?
- ‘Tiger Mothers’ Hoping to Sue the Children Who Grow Up to Hate Them (abovethelaw.com)
- China trying to force children to visit aging parents (theglobeandmail.com)
- Chinese revise approach to elder care (seattletimes.nwsource.com)
- When Tiger Mom Met Helicopter Mom (loripalooza.wordpress.com)