
China’s Doomed Fight Against Demographic Decline
China is aging fast. In 1978, the median age of a Chinese citizen was 21.5 years. By 2021, it had risen to 38.4, surpassing that of the United States. If China continues along its current trajectory and follows the rest of East Asia in descending to ultra-low fertility rates, its median age could rise to over 50 by 2050.
China’s rapidly aging society and plunging birth rate poses a host of challenges for its leaders, including a shrinking number of young workers and an increasingly unstable pension system. Beijing is steadily pivoting toward pro-natalism as a strategy to mitigate these risks.… Seguir leyendo »