-
China's rapidly ageing population is an economic ticking timebomb
China's population is the most "likely to get old long before it becomes rich" and the country's rapidly aging population could be hugely damaging to the country's economic growth, according to new research from HSBC. HSBC global economist James Pomeroy argues, in the latest in a series of reports on demographics in the world's emerging markets, that while there are several major emerging economies — including Russia and many Eastern European nations — that could face big problems thanks to an ageing population, China is the most likely to take a big hit. Here's Pomeroy (emphasis ours): Ageing ... (full story)