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Apollo Global Management’s chief economist, Torsten Sløk, has spotlighted a striking demographic transformation unfolding in ...
China is famous for its thrift. Households as a group now save over 30% of their disposable income. Migrant workers, like Mr ...
In 2023, China's population was officially reported as 1.41 billion, a decline of approximately 2.08 million from the previous year. Yet Yi maintains the true figure is about 130 million people ...
China's growing retiree population is sure to strain its economy, prompting Beijing to raise statutory retirement ages for the first time since they were established in the 1950s.
China’s population began shrinking in 2022, and the latest United Nations report indicates that it could slip to 1.3 billion in 2050 and then plummet to only 770 million in 2100.
The chart shows China's annual GDP growth target vs actual GDP growth. SCEPTICISM Data on Friday showed the world's second-largest economy beat economists' 2024 forecast of 4.9% growth.
In truth, whether we’re talking GDP, economic growth, deflation or demographics, the official Chinese data is a tofu-dreg edifice that cannot mask China’s severe underlying societal problems.
China has set this year's budget deficit at 3% of GDP, down from a revised 3.8% last year. The issuance of 1 trillion yuan in special ultra-long treasury bonds this year is not included in the budget.
A version of this article appears in print on Jan. 18, 2025, Section B, Page 1 of the New York edition with the headline: China’s Population Drops for Third Year.
Beijing said Friday that China’s economy in 2024 hit the official economic-growth target for the year, and if you don’t believe that, well, no one else does either. China’s economic malaise ...