South Korea getting more desperate by the day:
But that also begs the question - when will the Chinese government take it more seriously?
South Korea's not getting desperate. if they were, they would be actually spending the significant amount of money needed to even attempt at a solution. This is just like efforts at combating climate change in these countries.
They've spent $0.01 of the needed $1000 on feel-good-items and pat-yourself-on-the-back agencies, meetings, and ministry. They've done nothing substantial at all.
China isn't even close to the situation South Korea's in and its already done significantly more to address the issue. For example, they did a forced deflation of the real-estate market - taking maybe 2% out of their annual GDP growth - to help combat some of these issues. China might still need to do more, but what has South Korea
actually done to confront their own problems other than empty words and bluster? Nothing.
The article literally says:
The ministry, once launched, plans to bolster public campaigns and promotions to address demographic challenges, and conduct research and analysis on demographic data, officials said.
That's a big bag of nothing.
I wouldn't use empty talk from South Korea as evidence that somehow they are tackling the problem more seriously than China.