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Thought for the day
China’s Coming Population Collapse
Last updated: 14 November 2024
China has experienced a dramatic fall in fertility rates. With levels already far below replacement, depopulation is imminent. Other factors, such as disease and war, can affect population numbers, but fertility is by far the greatest indicator over time.
Decline in Fertility across East Asia 2000-2050
Data ranked on lowest population fertility rates by 2050.
China’s childbearing levels are currently 50% below the replacement rate. This means that each coming generation will be approximately half as large as the one before it. Long-term, one
projection
sees China’s population decline by 48% by the end of this century.
This will completely shift China’s age structure. For example, the oldest generations will more than triple from 2020 to 2050. These groups will naturally put great strain on the health care and old age support systems accentuated by the shrinking working-age population.
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The Indian Economy Continues to Grow Rapidly
Indian Sales Managers reported another month of significant economic expansion in December. The month saw a very modest pause in the rate of expansion, but all growth related indexes continue to reflect expansion across a wide variety of business sectors, at a level that will doubtless be admired in many other countries. The overall Sales Managers Index which shows the impact of the sub Indexes in co...
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China Manufacturing Sector Confidence Hits a 38-Month High
After many months in the doldrums, Business Confidence in the Chinese Manufacturing Sector has sprung into life . December Sales Managers Data data records Confidence at a 38 month high, a remarkable turnaround after years of low readings. In sharp contrast, the Services sector, which has remained in reasonable shape during the long period during which the Manufacturing sector appeared to be hibernati...
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China's GDP is Likely to Grow to Twice the Size of US GDP
South Korea, and Taiwan have achieved GDP per head of around 80% of the US level, starting from very close to poverty. If China can raise GDP per head to just 50%+ of US levels (hardly an impossible task given its record over the last 40 years), it will have a GDP twice that of the US. If China's GDP per capita gets anywhere near those achieved in South Korea, its economy will approach three times the...
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