China Population decline is a massive issue

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 China Population decline is a massive issue

Chart showing China's populationMorning Brew

China recorded a population drop in 2022—its first in over six decades, government data shared on Tuesday showed. The last time this happened was around 1960 when the abysmal Great Leap Forward economic initiative caused widespread famines.

This means that more money is spend on the elderly and positions can't be filled by the younger generation to maintain or increase GDP.  The young can't pay for the elderly pension from the state.

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