China's Population Drops Over 2 Million in 2023 📉 — Aging Society and Shrinking Numbers

In 2023, the country's population shrank by more than 2 million. And it is greyer as well as smaller: over a fifth of its people are now aged 60 or above. That's ultimately a problem when there aren't enough future workers to support the next generation of retirees. The demographic trend will have significant implications on the world's second largest economy.

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