Market Review and Trends
[Post 719] China’s Shrinking Population: How Will It Cope With Fewer Workers? | Insight | Full Episode
By Sonicericsg  •  April 26, 2023
Summary China recorded a drop in population for the first time in six decades, an outcome of its One-Child Policy. It is the first country to “get old before it gets rich”. It is a problem that President Xi Jinping has noted in several speeches.  Even if the government is successful in encouraging Chinese citizens to have more babies, it will still face an aging population in the short and medium term. Already, the country is experiencing a shortage of workers in some industries.  Could external and internal migration, or even raising the retirement age, be solutions? And if not, can Beijing rely on robots and A.I to make up the shortfall?...
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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