News Snapshot:
China is growing fast — but the workforce powering its economic rise is shrinking . Census data released Tuesday showed that China’s total population rose by 5.8% over the past decade — the slowest pace of growth since at least the 1960s. It also showed the country’s labor force is getting smaller. The number of people aged between 15 and 59 dropped below 900 million to about 63% of the population — down some 7 percentage points from a decade earlier. That could spell bad news for the world’s second-largest economy, as it draws ever closer to overtaking the United...
