Financial Times (February 26)
These are, according to Citigroup analysts, “distinctly echoey times.” Their “research suggests that, if it is not careful, China may be on track for a new wave of Japanification.” China is now remarkably similar to Japan’s post-property bubble era in, for example, demographics. China’s population is “now shrinking as Japan’s did years earlier… a reminder that after 1990, Japan’s housing price index fell as the 35- to 54-year-old cohort decreased.” These and other factors call for warnings about “the potential risks for China’s banking system.”
Tags: 1990, Analysts, China, China’s banking system, Citigroup, Demographics, Echoey, Housing price index, Japanification, Population, Property bubble, Research, Risks, Shrinking, Warnings
South China Morning Post (January 17)
“China’s population has declined for the first time in six decades, with the national birth rate for 2022 falling to a record low and the nation’s deepening demographic crisis threatening far-reaching implications for economic growth.” The nation’s “overall population plummeted by 850,000 people – to 1.4118 billion in 2022” while “the national birth rate fell to a record low of 6.77 births for every 1,000 people in 2022… marking the lowest rate since records began in 1949.”
Tags: 1949, 2022, Birth rate, China, Declined, Demographic crisis, Economic growth, Far-reaching, Implications, Population, Record low, Threatening
Institutional Investor (December 22)
“Africa may not be the first continent that comes to mind for investing in emerging markets — but given its vast potential, maybe it should be.” Moreover, “Africa is increasingly becoming a critical player in the race to net zero, thanks to its population, infrastructure, and resources.”
Tags: Africa, Continent, Critical, Emerging markets, Infrastructure, Investing, Net zero, Population, Potential
Washington Post (December 21)
“China’s new covid nightmare could become a global catastrophe. The absence of a coherent fallback strategy” not only “threatens a fresh set of nightmares for its population, its economy and the Communist Party leadership. A new crisis could shake the whole world. As the Wuhan outbreak demonstrated three years ago, what begins in China does not necessarily stay there.”
Tags: China, Communist party, Covid, Crisis, Economy, Fallback strategy, Global catastrophe, Leadership, Nightmare, Outbreak, Population, Threatens, Wuhan
Vox (November 21)
“College enrollment began slowly receding after the millennial enrollment wave peaked in 2010, particularly in regions that were already experiencing below-average birth rates while simultaneously losing population to out-migration.” Still worse is coming to higher education in the U.S. “The empty factories and abandoned shopping malls littering the American landscape may soon be joined by ghost colleges, victims of an existential struggle for reinvention, waged against a ticking clock of shrinking student bodies”
Tags: Abandoned, Birth rates, Colleges, Empty factories, Enrollment, Higher education, Millennial, Out-migration, Peaked, Population, Receding, Shopping malls, Shrinking, Student bodies, U.S.
Washington Post (November 19)
“In 1798, British economist Thomas Malthus forecast that an increasing population would soon outstrip, disastrously, nature’s capacity to feed so many people…. And yet here we are: The world’s population has octupled since Malthus’s day, more than doubled since 1968, and living standards around the world have vastly, though unevenly, improved during that time.” It is worth celebrating November 15, the day “Planet Earth welcomed its eight-billionth living inhabitant.”
Tags: 1798, Celebrating, Earth, Economist, Forecast, Inhabitant, Living standards, Malthus, Nature’s capacity, Octupled, Outstrip, Population
Washington Post (August 17)
“By next year, India will become the most populous nation. This, like House Speaker Nancy Pelosi’s splendidly insouciant visit to Taiwan, will diminish today’s fatalism about China — the fallacious assumption that its trajectory is inevitably upward, so it must be accommodated.” Chinese labor is now “increasingly expensive and decreasingly abundant,” as its population peaks and declines by roughly half.
Tags: Abundant, China, Diminish, Expensive, Fallacious, Fatalism, India, Labor, Peaks, Pelosi, Population, Populous, Taiwan, Trajectory
CNN (August 12)
“Hong Kong has recorded its sharpest annual drop in population,” falling from “7.41 million people to 7.29 million, a 1.6% decrease.” Experts attribute the exodus to “strict Covid control measures and a political crackdown that have taken the shine off a financial hub long advertised as ‘Asia’s world city.’”
Tags: 1.6% decrease, Annual, Asia, Control measures, Covid, Drop, Exodus, Experts, Financial hub, Hong Kong, Political crackdown, Population, Strict
Time (April 26)
The CDC found that “almost 60% of the U.S. population—and 75% of U.S. children—have evidence in their blood suggesting a past infection with the virus that causes COVID-19…. By that estimate, most people in the U.S.—almost 200 million—have had COVID-19 as of February. That far exceeds the 80.8 million cases officially tallied by the CDC as of April 26.”
Taipei Times (January 18)
In a development likely to affect mainland China’s growth potential, the birthrate “has fallen to its lowest level in six decades, barely outnumbering deaths last year despite major government efforts to increase population growth and stave off a demographic crisis.”
Tags: Birthrate, China, Deaths, Demographic crisis, Development, Efforts, Fallen, Government, Growth, Lowest, Mainland, Population, Potential
