China’s population declined for the first time since 1960, with a population of 1.4 billion declining by 850,000.
This is a short-term blip on our radar. China is also suffering from a rapidly growing population that is likely to make it older before it becomes rich.
“China’s economic and demographic outlook is far worse than we expected.” Yi Fuxian, a demographer, said that China would need to adapt its foreign, social, and economic policies.
Pinpoint Asset Management’s chief economist Zhiwei Zhiwei said that economic growth will depend more on productivity growth.
Reuters:
China’s birth rate last year was 6.77 births for every 1,000 people, a decline from 7.52 births in 2021 and the lowest recorded birth rate.
Kang stated that the number of Chinese women in childbearing years, which is defined by the government as between 25 and 35, has fallen by approximately 4 million.
The highest death rate since 1974, during the Cultural Revolution, was 7.37 per 1,000 people. This compares to a rate that is 7.18 per 1000 people in 2021.
Compare these numbers to the U.S. where births per 1,000 were 12.01 and deaths for every thousand were 6.98. With fewer and smaller numbers of productive workers to support China’s aging population, the state will eventually be overwhelmed by a demographic crisis.
The Communists’ desire to social engineer with their “one-child policy” was the culprit.
The demographic downturn in China is largely due to China’s one-child policy. This was imposed between 1980-2015. It also reflects sky-high education costs, which have prevented many Chinese from having more than one child.
A traditional preference for boys and the one-child policy have created a gender gap. According to the latest data, China has 722 million males and 690 million females. In rural areas, this imbalance has resulted in fewer families being formed over the years.
After Tuesday’s release of the figures, the data was the most popular topic on Chinese social media. The hashtag #Is it really important for offspring?” received hundreds of millions of hits.
The high cost of education is at least one reason why Chinese couples aren’t excited to have children. Combine that with traditional Chinese sex roles where it is considered unmanly for couples to take care of their babies.
“The main reason women don’t want to have children is not because of their inability to have children, but the inability of society and men in general to assume the responsibility of raising children.” “This leads to a significant decline in women’s quality of life and spirituality for those who have given birth,” wrote Joyful Ned, a netizen.
Online searches for baby strollers fell 17% in 2022, and have fallen 41% since 2018. Baby bottle searches have fallen by a third. The Chinese Communist Social Engineers made a terrible error that may prove fatal to one of the oldest countries on the planet.
