This is a classic on how to spin a positive into a negatives. All over the western world, one of their biggest economic policy is to provides 'full' employment as they are worry that the devil will find works for idol hands (ie to start a revolution for freedom and liverty).
So here's China according to them will have labour shortage, meaning achieving the very thing their themselves desire 'full employment and therefore, no idol hands, leading to stability.
Yes in an economic sense growth will slow down because China has reached its production possibility frontiers PPF). But we already know that, which is why China's growth rate reduced from the neck breaking pace of 10% to around half at 5%. Even taking this lower figure into the calculation, China is on course to overtake U.S. in the next decades. So really this analysis must be predicting with a lower growth rate similar to the US growth rate. Which that's the case, then China will never catch U.S.
The other thing they must be assuming is that China wouldn't gain from using technology and innovation to increase efficiency to make up for the Labour shortage.
In short, these analysis, in their attempt to paint China in the most negative ways possible are using assumptions that are at the most extreme ends of the spectrum. Gee and they get pay big money for that. I'm in the wrong profession. The money always goes to the likes of China bashers like Gordon Chang and it's cohorts.
