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Why China’s shrinking population is a big deal
By Feng Wang IRVINE, Calif©2024 GPlusMedia Inc.
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1glenn
Just in my lifetime, the world population has grown from fewer than 2.5 billion to over 8 billion. We added another billion people between 2011 and 2022. The idea that we are past the period of rampant population growth is premature. Maybe it is a good thing that China has stabilized its population, at least for one year.
Aly Rustom
the majority of the world is in the same predicament. The west and most of Asia are experiencing a population decline, and India is just hoovering around the replacement rate. Latin America is following the same trend. The only place left where the population is still growing is Africa.
Here are 2 Canadian demographers, Darrell Bricker & John Ibbitson, that explain the above in more detail.
The World's Shrinking Population - YouTube
Urbanization plays an important role in shifting population rates — Darrell Bricker & John Ibbitson - YouTube
OnTheTrail
Good post, Aly.
Having watched this for a number of years, Africa is the last place where there appears to be population growth. Beyond the local economical concerns, there is long term impacts on pollution, climate impacts, etc, when the world population starts dropping.
xin xin
A very long, elementary article with no insights. How does China's population aging affect its ability to fight sustained wars such as the one in Ukraine? How does it affect its creativity and economic dynamism? How does it affect distribution of power and authority in the corporate sector, and affect inter-generational distribution of wealth?
wallace
Births in Japan last year fell below 800,000.
Desert Tortoise
One of the great drawbacks of the prohibition on private land ownership in China is that intergenerational wealth is mostly non-existent except for some very wealthy Chinese able to buy land and stash money abroad. Most older Chinese like my own mother in law will die with nothing to leave their children except some clothes and household effects. A lucky minority might inherit a car. At best you can have a long term lease on where you live but you can never own the land beneath so there is no opportunity to build wealth through property.
Desert Tortoise
Fewer workers means less industrial output and less tax revenue with which to build / operate a big military. Also don't ignore the high costs of maintaining the kind of rigid police state one finds in China. The Great Firewall of China, finding, arresting and imprisoning people for protesting Covid-19, suppressing all manner of dissent, costs a great deal in terms of resources and manpower. That ain't cheap and it is money that could be used elsewhere in Chinese society.
TokyoLiving
It happens in all the world..
China will fix it, they know how to do everything..
lostrune2
Chinese population is getting old before it's getting rich
Not helping that they made the mistake of one-child policy and holding onto it for far too long - parents overwhelmingly chose boys over girls, so there's a huge imbalance with millions more males than females to have families
That's generations of time that ya cannot get back. They won't have enough workers to support the greying population who live longer and longer
gokai_wo_maneku
If the world population keeps growing, it will exceed the capacity of nature to feed us. The population should decline. Nature, our habitat, is more important than economy.