China is a rapidly ageing country. According to the World Bank, the working-age population is predicted to fall by 10% by 2040. While the size of the workforce is falling, the pool of over 65s is rising, and is predicted to reach 350 million by the same year.
What are the economic effects of a shrinking labour pool and rising number of aged dependents, and how will the two-child policy limit these effects? The Lowy Institute convened a panel to explore how population dynamics will shape China’s economy and what it means for our economic future at large.
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Lowy Institute