China Faces Accelerating Population Decline, Shrinking Workforce
- China's population projected to plunge to 525 million by 2100, down from 1.4 billion currently
- Number of deaths exceeded births in China for 2nd straight year in 2023
- China battling aging population that threatens economic growth goals
- Low birth rates and Covid deaths accelerating China's demographic decline
- Up to 28 million Chinese scheduled to retire this year as large groups exit workforce