by In February, the Chinese Public Security Ministry claimed in a report that the number of newborns in the country nosedived by at least 15% in 2020 amid the coronavirus pandemic and growing economic downturn.The People's Bank of China (PBOC) has argued that the country should “fully liberalise and encourage childbirth” in order to increase its labour force, which in turn would help Beijing successfully compete with other countries, including the US and India, economically.In a survey published earlier this week, the PBOC predicted that in the next three decades, China's population could decrease by about 32 million people, while the number of inhabitants in the US might grow by 50 million before the end of 2049, not least due to mass immigration.Researchers also warned of shrinking a
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In February, the Chinese Public Security Ministry claimed in a report that the number of newborns in the country nosedived by at least 15% in 2020 amid the coronavirus pandemic and growing economic downturn.The People's Bank of China (PBOC) has argued that the country should “fully liberalise and encourage childbirth” in order to increase its labour force, which in turn would help Beijing successfully compete with other countries, including the US and India, economically.
In a survey published earlier this week, the PBOC predicted that in the next three decades, China's population could decrease by about 32 million people, while the number of inhabitants in the US might grow by 50 million before the end of 2049, not least due to mass immigration.
Researchers also warned of shrinking a labour force in China over the next few decades, with the US expected to see an increase in this regard.
“[…] to narrow the gap with the United States in the past four decades, it [China] relied on cheap labour and huge numbers of people. […] What will we rely on in the next 30 years? This is worthy of our thoughts”, the researchers pointed out.They suggested that in 2030, China's population may reach its peak at about 1.46 billion people, and that it will then plummet to 1.40 billion by 2050....