2 years, 2 months ago

Aging factory: The Hindu Editorial on China’s population decline

The last time China’s population saw a decline was in 1961, in the midst of a devastating four-year famine following Mao’s failed “Great Leap Forward” campaign. As a paper from Japan’s Research Institute of Economy, Trade and Industry pointed out, the proportion of child and elderly populations in China as of 2020 was similar to Japan’s in 1990. Moreover, China reached this inflection point faster, with its fertility rate falling from 2.74 to 1.28 in the preceding four-decade period, while Japan’s fell from 1.75 to 1.29. The paper pointed out that India’s proportion of child and elderly population in 2020 was similar to China’s in 1980, just when its economic boom took off.

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