China’s population shrank in 2022 for the first time in more than 60 years, a new milestone in the country’s deepening demographic crisis with significant implications for its slowing economy. CNN’s Richard Quest from the World Economic Forum in Davos joins Jake Tapper to discuss. #CNN #News
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Oh boy, whatever fun still existed in China, if any, will now cost a lot of social credits.
Modern prosperity depends solely on making money. Children tend to get into the way of that goal of the young, middle aged and now old. Any country that experiences prosperity will do it off the labor of its people and the labor of other.
The problem isn’t that much the money, the problem is finding someone else that has also responsibility to raise a kid. I didn’t had money to buy a imported sports car but I found a way to get mine. To get a responsible partner that you know will be with you for at least 15 years to raise a child is really hard now days… Money isn’t even the main concern for people that actually want to have kids.
We should deport all those damn immigrants and liberals to China!
MAGA FOREVER!
ONLY WHITE=HUMAN!
LETS GO BRANDON!
BLUE LIVES MATTER!
That’s the worst bait from a far left that I have seen in a long time lul
Not just money. Some people also like having free time and free responsibilities
Good, we do not need more people.
So it did work, I’ll be dang.
CNN paymaster might be reducing payouts to CNN…
The best news to come out of China for some time
While u commented here, the Chinese is getting richer
@Abyss Anglosaxon cool, and.. and it’s are not is
@Abyss Anglosaxon …no amount of money can decontaminate their water table.
The world population carry 8 billion last year, just image with this population explosion that half the children in the world are going to bed hungry at night, it’s something to think about.
Richard Quest looks chilly inside that green screen room!!
We should deport all those damn immigrants and liberals to China!
MAGA FOREVER!
ONLY WHITE=HUMAN!
LETS GO BRANDON!
BLUE LIVES MATTER!
Comparing the standard of living of India vs China…. China’s is preferred for the near term
Japan’s population has been declining since 2010. Aging population, low birth rate, minimal immigration. Their economy is third ranked in the world.
Not even declining, but just slower growing population of any country usually is followed by large and long lasting economic slowdown. If you want to have, say 2% GDP growth, you need to have a 2% population growth, since it is growing population that necessitates growth in a business sector. In a perfectly balanced system a 0% population growth would mean 0% GDP growth and 0% return in the stock market since supply and demand are balanced and demand, the population, is not growing. So everyone rushes for bonds, which reduces the rates and encourages bond issuers to get into more debt. Downward spiral from there until you get correction in the market. Situation gets much worse with decreasing population.
Then explain why Japan’s economy is ranked 3rd in the world with their declining population.
@butterflies and dragonflies Japan’s GDP has been falling since 2012.
The attendees at Davos requested unvaccinated pilots because all the other pilots are crashing and burning
Good, I hope this trend is seen worldwide!! The best way to reduce human suffering is to refuse to reproduce! Birth is the catalyst of all suffering!
How underemployed are the Chinese? How fast is productivity per capita increasing? If these numbers are large then there will be no change in the economic ability of China for a while. Too much hype without good analysis just distorts perceptions. If productivity is growing at 2 percent and population is declining at 2 per cent then you have status quo. If there are still underemployed, then there will still be growth if they are moved into better producing jobs. The story told in this story only happens if there is full employment and no increase in productivity.
On the other hand, China has falling water tables everywhere. They are on the wrong side of many environmental issues and problems. Continued growth may change the landscape and natural resources in ways that can only be exacerbated by growing populations. This may be as bad as falling populations. The analysis here is simplistic single issue and ignores synergies between economic growth and natural resources.
gosh did covid have anything to do with it
?
I want to share a story from a friend of mine from when I was attending Texas Christian University: We had a Government & History course together in 2015, so when the Chinese Communist Party ended the 1 Child Policy, she shared what it was like for her. She was from China & born in the early 1990s, but because of this her family was permitted to have 2nd child & 10 years later her sister was born. She told me how growing up there was some issues being a girl with so many boys around in a country that desired sons, as well as the issue of being so much older than her sister. Finally, she said she enjoyed hearing stories from American classmates who grew up with multiple siblings as if it was no big deal.
From an outsider’s perspective, it’s obvious thay China having this 1 Child Policy as the norm for over 20 years has finally resulted in a declining population. Additionally, because this policy has been ingrained in many Chinese citizens suddenly ending it & trying to encourage couples to have multiple children will be economic burden for many. Finally, in some parts of China the male to female ratio is over 4 to 1 so having a new generation of young couples solve this population problem will be difficult.
I guess the one child policy works quite well, like too well.
Always good to get good news.
I’m Chinese. I don’t think that’s a bad thing.