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I'm not sure that the idea that their population is aging follows the data. Their population age bubbles are younger than the US's. Their two bubbles are what
by monocasa 5y ago
I'm not sure that the idea that their population is aging follows the data. Their population age bubbles are younger than the US's. Their two bubbles are what are our older gen x and middle of the road millennials.
https://www.statista.com/statistics/1101677/population-distribution-by-detailed-age-group-in-china/ https://www.statista.com/statistics/1101677/population-distr...
Additionally, they have a different retirement system that doesn't dry up for individuals the same way. If it's important for China that older citizens continue being consumers, they'll make that happen.
- sudosysgen 5y agoAlso, they have a large rural population that is unused and not very productive. Using that population can more than make up for aging workers.