Attention Economy


Sunday, July 12, 2015

China’s Demographic Challenges Are Overstated

An interesting piece in the Foreign Affairs magazine - China Will Get Rich before It Grows Old by Baozhen Luo
Luo notes:
“Although China’s working-age population has indeed shrunk, its employment rate has increased. In 2014, China’s active work force consisted of 772.5 million people, 2.8 million people more than in 2013. This growth, despite a smaller working-age population, suggests that many underemployed Chinese, especially in rural areas, are being drawn into the work force.”


Related:
Fertility Rates in China
http://www.economist.com/news/china/21657416-china-has-relaxed-its-one-child-policy-yet-parents-are-not-rushing-have-second-tales