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Is deteriorating demographics China’s economic destiny?
Mainland China recently released the decennial Seventh Population Census conducted in 2020. The demographic trend revealed in the Seventh Census that attracted the most attention is the acceleration of the aging population. What does this deteriorating demographics trend portend for China's economic destiny? Rising old age population and shrinking working-age population: Mainland China's age 65 and older population totaled 190.6 million in 2020, 71.7 million higher than in 2010, according to the Seventh Population Census released by China's National Bureau of Statistics. By contrast, between the Fifth and Sixth ... (full story)