BY ASIA TIMES STAFF
Number of babies born falls by 2 million, despite relaxed population controls
BY ASIA TIMES STAFF
China must implement both supply side and demand side measures, says official
Nicholas Eberstadt
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KEY POINTS
- We already have a fairly reliable picture of China’s population profile for the year 2040 because the overwhelming majority of people who will be living in China in 2040 are already alive and living there today.
- China’s population is on track to peak in the coming decade and to decline at an accelerating tempo thereafter.
- China is set to experience an extraordinarily rapid surge of population aging, with especially explosive population growth for the 65-plus group, even as its working-age population progressively shrinks.
- These trends can only make for serious economic headwinds, presaging the end of China’s era of “heroic economic growth."
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