Tuesday, January 17, 2023

Like Nobody Saw This One Coming, Sino Ed.

China’s population shrank in 2022 for the first time in more than 60 years, a new milestone in the country’s deepening demographic crisis with significant implications for its slowing economy.

The population fell in 2022 to 1.411 billion, down some 850,000 people from the previous year, China’s National Bureau of Statistics (NBS) announced during a Tuesday briefing on annual data.

Analysts said the decline was the first since 1961 during the great famine triggered by former leader Mao Zedong’s Great Leap Forward.

Demographic declines has been hitting a number of other countries. For the most part, the declines are hammering countries that either effectively ban immigration (Japan) or are countries that no sane person would choose to move to (China, Russia).

1 comment:

  1. The demographics have been pointing to this for 12 years or better . Hans Rosling had the hard numbers to prove it back then . Some of his lectures are on Youtube.

    "Empty Planet" 2019, by Bricker and Ibbotson is a good read on the subject. Very few countries have growing populations. India is at 2.1 births / woman.

    When a country industrializes children are no longer a economic advantage,they become a luxury and population trends shift downward.

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