a dramatically smaller (and older) population could create a devastating global slowdown
- Written by Jose Caballero, Senior Economist, IMD World Competitiveness Center, International Institute for Management Development (IMD)
China has announced that in 2023 its population declined from 1.4118 to 1.4097 billion people. Forecasting by the UN suggests China’s population will dip to 1.313 billion by 2050 and then down to about 800 million by 2100. This is a significant change and will have ramifications well beyond its borders.
There are two trends that underline...
