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The only thing you should worry about is – Imaging China’s population is 2 billion in 2050……
China will be much better off in anyway you look energy, space, food etc etc… if China the same number population as the U.S.A.
Don’t look at the short term growth. Growth is not always a good thing, such as growth of a cancer. Population can spur a huge jump of grow every fast. merely in one to two generations. But it’s very hard to shrink it unless massive war, diseases, and massive killing.
People are no different than other animals rats. They can breed like rabbits given some space and time and food.
Irony is when works occupied people’s time, they don’t have many babies. But when they have less to do, they will have sex and breed like crazy.
China is part a first world country but it is also a large third world country. To say it has no cheap available labour is absurd.
Currently the largest impediment for chinese growth is the giant chinese debtload. (like in Japan, US, Canada, Europe, Australia) in combination with weak/falling worldwide demand.