China miscounted its population, now the economy is in crisis | If You're Listening
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- Опубліковано 25 лис 2024
- China’s economy is tanking. Similar things are happening across Asia but in China it’s happening extremely fast.
It’s because of the One Child Policy, introduced over 40 years ago to drive up productivity.
Now, after years of fudging the population data, China’s real population has been revealed.
The policy might be over, but the population is going backward, the labour force is retiring, and China is in a world of trouble.
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