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Recommendations
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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If you stop thinking about the metadata (the financial part) of the system and instead you look at the real system in terms of resources available for ensuring a decent standard of living, you might possibly find that the working population can farm, manufacture and service its own and it's retired population's needs. China could make the reforms needed to adjust the meta to fit the real system that supports this standard of living. It might for example remove failed markets from parts of the economy such as retirement savings, replacing them with universal pensions. Of course this isn't unique to China, but such reforms depend on how firmly a nation has bought into the neoliberal ideology. My point is that in general, the financial part of the system never matches the real. There's always discrepancies (e.g. positive and negative externalities to name some) large or small. It's a model. It seems to me that we often make the mistake to consider just the model and drive real decisions and predictions based on it even when it drastically diverges from reality, sometimes with horrific consequences. E.g. the model says increasing extraction of fossil fuels is fine when we have scientific proof it isn't.