China’s economy faces future threat from falling birth rates


Source: asianlite.ae asianlite.ae

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China’s recent crackdown on private education and the attempt to slow the rise in housing prices aim to ease the burden on families….reports Asian Lite News The birth rate in China is decreasing drastically with the government’s all efforts to boost it have been ineffective and experts have warned that it is leading to workforce shrinking, a long-term threat to the country’s economy, a media report said. Experts have pointed out that China’s plan to become “a rich and powerful country” by 2049, the 100th anniversary of the founding of the People’s Republic of China, is imperilled. The International Monetary...