

Frank Byrd and Steve Korn
- Sep 7, 2022
China's People Problem
"The national budget must be balanced. The public debt must be reduced."
- Cicero, 55 BC People Problem
Looming behind all the theatrics over Taiwan is a quiet, but potentially more threatening issue: China has a shrinking population. Should we even care? Is China’s problem our problem too?
Consider the following two pictures of the world’s second largest economy. First, here is China’s working age population . . . Source: Oxford Economics (historic data and forecast