Government determined to increase population to 7 mil in 2030.

[Ben]

China has the largest population, why is the size of its economy only one-third of the USA?

There are already many economists predicting that China economy will overtake US in x number of years (can’t remember when). China is a developing nation while US is a developed nation for many years already. The rise in China is to a large extend due to its huge population.

If economy stays the same size while working population drop, wont jobs be more readily available since our children have fewer competitors?

I don’t see how the economy can stays the same if working population drop. It is interrelated. Maybe I am wrong, but to me having the same level of economy with lower level of population is like saying eating half a meal and expect to fill the stomach like a full meal. It is okay to be selective, for example, to eat more meat or fish instead of just rice or bread, but a certain level quantity of food is necessary to fill the stomach. Of course others can argue that we can try to lose weight and get use to eating less, but is that what we want here?