Hong Kong
CNN
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China’s inhabitants shrank in 2022 for the primary time in additional than 60 years, a brand new milestone within the nation’s deepening demographic disaster with important implications for its slowing financial system.
The inhabitants fell in 2022 to 1.411 billion, down some 850,000 individuals from the earlier yr, China’s National Bureau of Statistics (NBS) introduced throughout a Tuesday briefing on annual information.
Analysts stated the decline was the primary since 1961 throughout the nice famine triggered by former chief Mao Zedong’s Great Leap Forward.
“The population will likely trend down from here in coming years. This is very important, with implications for potential growth and domestic demand,” stated Zhiwei Zhang, president and chief economist at Pinpoint Asset Management.
The delivery charge additionally fell to a file low of 6.77 births per 1,000, down from 7.52 a yr earlier…
2023-01-17 01:50:57 China information first inhabitants decline in 60 years
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