The Golden Child of China (One Child Policy)

Shanghai,

From Paris to London, Tokyo to New York, and Sao Paolo to Sydney, members of the elite 30 nation member OECD (Organization for Economic Coorperation & Development) fear the competition, import pressure, and manufactureing job drai8n associated with the rise of China.

 

This factory to the world is already feeling the labor pressures of this policy which impacts rural communities, many of which allow couples to have only two children, and manufacturing in the growing number of urban centers where parents are premitted only one child.  Subsistence and family farming are giving way to mega-farms, and an increasing number of manufacturing jobs are being exported to countries including Bangladesh, Vietnam, and Cambodia.

 

What this means for China's economy is generally agreed to be a continued expansion toward western levels, the migration of unskilled jobs and a growing middle class.  Thus the "one child" wheels that power China's structural adjustments will no doubt continue to advance their progress and position in the global economy.  For future desigers and merchandisers, the psychological and behavioral impacts to these Golden Children as future customers is immense.  One would expect that as relatively sheltered, protected and often times endulged only children, as they mature, and assume their roles as wage earners and customers, they will demand imports, luxuries, service and immediate gratification.

 

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