“The demographic challenge is well known but the speed of population ageing is clearly faster than expected”
What does this mean?
DB2
I believe the estimates of the aging demographics were more optimistic than what is actually occurring. Is this a result Chinese officials lying about those estimates? I am incline to believe that thesis.
China’s population is actually on the decline now. It was predicted that would occur in 2030. We really do not know truth within China. Zeihan speculates the birth-rate has cratered or Covid hit China harder than they admitted.
2 minute video in which Peter Zeihan go into the numbers:https://zeihan.com/video-dispatch-chinas-demographic-decline…
He claims China will never develop a significant domestic consumer consumption economy.