China Faces Economic and Demographic Challenges Despite Xi's Upbeat New Year Address
• China faces a demographic crisis with an aging population and high youth unemployment • The One Child Policy has led to a staggering gender gap of 110 males for every 100 females • China ran its first ever foreign investment deficit due to tensions over the South China Sea • Systemic economic problems like widespread debt and a real estate bubble threaten growth • Despite economic troubles, President Xi issued a bullish New Year address about China's future