https://pjmedia.com/news-and-politics/rick-moran/2023/01/17/demographic-crisis-looms-in-china-with-first-drop-in-population-in-six-decades-n1662449
China’s population fell for the first time in six decades last year as the nation’s population of 1.4 billion declined by about 850,000.
Short term, this is just a blip on the radar. But China also is afflicted with a rapidly aging population, which means that China is very likely to get old before it gets rich.
“China’s demographic and economic outlook is much bleaker than expected. China will have to adjust its social, economic, defense and foreign policies,” said demographer Yi Fuxian.
“Economic growth will have to depend more on productivity growth,” added Zhiwei Zhang, chief economist at Pinpoint Asset Management.
Reuters:
China’s birth rate last year was just 6.77 births per 1,000 people, down from a rate of 7.52 births in 2021 and marking the lowest birth rate on record.
The number of Chinese women of childbearing age, which the government defines as aged 25 to 35, fell by about 4 million, Kang said.
The death rate, the highest since 1974 during the Cultural Revolution, was 7.37 deaths per 1,000 people, which compares with a rate of 7.18 deaths in 2021.
Contrast those numbers with the U.S., where our births per thousand people were 12.01 and deaths per thousand were 6.98. Eventually, with fewer and fewer productive workers to support China’s aging population, a demographic crisis will overwhelm the state’s ability to cope.