Beijing’s demographic crisis means China could get old before it gets rich

Джерело:
The Guardian newspaper: International | guardian.co.uk

Дата публікації:
25/09/2023 02:01

Постійна адреса новини:
http://www.vsinovyny.com/10389562

Beijing’s demographic crisis means China could get old before it gets rich

25/09/2023 02:01 // The Guardian newspaper: International | guardian.co.uk

With millennials putting off children due to cost of living pressures, China’s economy could be derailed by its growing number of grey hairs

Jobs, local services and welfare strain under economy’s structural faults

Cici, 27, doesn’t want to have a baby until she’s at least 35. Her mother is putting pressure on her to get married and “have a stable life”, but with a busy job at a tech company in Beijing – while also completing a master’s degree in law – she hardly has the time to think about starting a family.

Cici’s story is not unique; across the world, young women are putting off marriage and childbirth for longer than their mothers did. However, in China the phenomenon is so acute that last year the population shrank by 850,000, the first decline in more than 50 years, as the birthrate fell to a record low.

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