"China’s Population Falls, Heralding a Demographic Crisis"

"Deaths outnumbered births last year for the first time in six decades. Experts see major implications for China, its economy and the world."

"HONG KONG — The world’s most populous country has reached a pivotal moment: China’s population has begun to shrink, after a steady, yearslong decline in its birthrate that experts say is irreversible.

The government said on Tuesday that 9.56 million people were born in China last year, while 10.41 million people died. It was the first time deaths had outnumbered births in China since the Great Leap Forward, Mao Zedong’s failed economic experiment that led to widespread famine and death in the 1960s.

Chinese officials have tried for years to slow down the arrival of this moment, loosening a one-child policy and offering incentives to encourage families to have children. None of those policies worked. Now, facing a population decline, coupled with a long-running rise in life expectancy, the country is being thrust into a demographic crisis that will have consequences not just for China and its economy but for the world.

Indeed, data released on Tuesday showed that the Chinese economy last year had one of its worst performances since 1976, the year Mao died."

Alexandra Stevenson and Zixu Wang report for the New York Times January 16, 2023.

SEE ALSO:

"China's First Population Drop In Six Decades Sounds Alarm On Demographic Crisis" (Reuters)

"How China’s Population Decline Could Alter The Global Economy" (PBS Newshour)

"Here's Why China's Population Dropped For The First Time In Decades" (NPR)

"China's Population Drop Is Expected To Have Global Economic Consequences" (NPR)

"Threats, Advantages Seen In China's Shrinking Population" (AP)

Source: NYTimes, 01/18/2023