China faces looming economic crisis after recording first decline of birth rates in decades
For the first time in decades, China has fewer people than it did at the start of last year, according to official figures released in January. The world’s most populous country has worried for years about an aging citizenry’s effect on its economy and society, but its population was not expected to go into decline for almost a decade. The National Bureau of Statistics reported that the country had 850,000 fewer people at the end of 2022 than the previous year. The tally includes only the population of mainland China, excluding Hong Kong and Macao as well as foreign...
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