Fertility rates in East Asia are plummeting at an alarming pace. Recent data highlight that Korea and Hong Kong SAR are among the most impacted, with their total fertility rates (TFR) – a measure indicating the average number of children a woman would give birth to during her lifetime – sinking to
Yes of course it is an issue. When TFR reaches 1 for example, the next generation becomes half the size as the last one. You can't have a healthy economy with that. There's also every indication that more and more countries are reaching low fertility levels, and there's no precedent that it will reverse. Social democratic childcare policies haven't succeeded. Personally I think only socialism can achieve sustainable population levels now.