Kana Inagaki, FT industry editor focusing on electric vehicles, and Mary McDougall, pensions correspondent, delve into China's alarming birth rate, now at a historic low, and its economic impacts. Kana discusses why the UK is becoming a prime destination for Chinese EV brands like NIO and BYD, highlighting tariff advantages and competitive pricing. Mary outlines Europe’s pension challenges due to an aging population, weighing policy options for sustainability amidst budget constraints and public pushback.