Despite abandoning it's strict one-child policy, China is on track to be overtaken by India as the world's most populous country.
abc.net.au/news/chinese-population-decline/101864496China's population fell last year for the first time in six decades, a historic turn that is expected to mark the start of a long period of decline in its number of people with profound implications for its economy and the world.Some fear a shrinking labour force could exacerbate high prices inflation internationallyAmid an ageing society and plunging birth-rates, China's population declined by roughly 850,000 to nearly 1.
Meanwhile, domestic demographers lament that China will get old before it gets rich, slowing the economy as revenues drop and government debt increases due to soaring health and welfare costs.
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