China Faces Demographic Challenge as Population Declines Again
Republished with full copyright permissions from The Washington Daily Chronicle. China’s population has faced a second consecutive year of decline, signaling a potential crisis for the world’s second largest economy. According to government data released recently, China’s overall population at the end of 2023 was 1.4097 billion, down approximately 2 million people from the previous year. This follows a similar decline of about 850,000 in 2022, marking the first population decrease in decades. Despite the seemingly small year-to-year decrease, experts warn that it represents a significant trend with far-reaching implications for the country’s growth prospects. One of the major factors … Continue reading China Faces Demographic Challenge as Population Declines Again

