China’s population declined for the second consecutive year in 2023, with a decrease of approximately 2.08 million people. The number of births has also significantly dropped, with around 9 million births in 2023, which is about half of the number in 2016.
This demographic shift poses substantial challenges for China’s economy, including a shrinking labor force and an aging population. These factors could impact economic growth and social stability in the long term.
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⚠️CHINA'S POPULATION HAS CONTRACTED FOR THE 2ND CONSECUTIVE YEAR⚠️
In 2023, Chinese population shrank by 2.1 million people.
Since 2016, the number of births have fallen by ~50% to 9 million.
China has a significant demographics problem translating to the economy. pic.twitter.com/mAQJEZJoCw
— Global Markets Investor (@GlobalMktObserv) September 17, 2024
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