China’s Population Has Experienced a Significant Drop For The Very First Time Since 1961

Chinese Population Has Experienced a Decline for

More Than 60 Years.

For the first period in 60 years, China’s population declined last year. This historic development is likely to signal the beginning of a protracted period of population reduction, which will have significant effects on China’s economy and the rest of the world.

Related Post: World Population 2016

The administration said on Tuesday that 10.41 million people died in China last year, compared to 9.56 million births. Since Mao Zedong’s disastrous economic experiment known as the Great Leap Forward, which led to massive hunger and deaths in the 1960s, this was the first time in China that mortality had surpassed births.

Chinese authorities have been attempting to delay the occurrence of this moment for years by relaxing the one-child policy and providing incentives to couples to have children. All such measures were ineffective. Now that the country is going through both a population drop and a long-term increase in life expectancy, it is entering a demographic problem that will have an impact not only on China and its economy but also on the rest of the globe.

Chinese Population Will Drop by 109 Million by 2050

Over the long term, according to U.N. experts, China’s population would drop by 109 million by 2050, which is more than quadruple the decline they previously predicted for 2019.

Domestic demographers bemoan the fact that China will age before it becomes wealthy as a result, slowing the business as earnings decline and government debt rises as a result of skyrocketing health and welfare spending.

“The demographic and socio-economic picture for China is far worse than anticipated. China’s social, financial, defense, and diplomatic strategies will need to be adjusted “said Yi Fuxian,….(more)