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What China’s Shrinking Population Means For The Global Economy

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China remains home to 1.4 billion people. But that number is getting smaller.

The country’s National Bureau of Statistics reported China’s population slipped to 1.412 billion last year from 1.413 billion in 2021. The last time China saw negative population growth was in the 1960s.

Many experts believe that China’s one-child policy, introduced in the 1980s, is one of the main reasons for the population decline.

“China’s one-child policy was a mistake,” said Yi Fuxian, an expert on Chinese population trends at the University of Wisconsin-Madison. “China is worried because its economic outlook is bleak.”
China revised its one-child policy to two in 2016 and three in 2021. But despite the change, younger adults don’t seem to be in much of a mood to follow the policy and have more babies. The country has one of the lowest fertility rates in the world, falling to an all-time low of 1.28 in 2020.

“This one-child policy has the Chinese people accustomed to one child per family,” said Xiaolin Shi, an assistant teaching professor at Northeastern University. “So you can imagine how hard it is to change people’s cultural attitude that has been such deeply rooted in their mind.”

Some experts believe that slowing population growth is not only a concern for China but also a global concern, as the country has long been known as the world’s factory.

“The global consumer is going to feel what’s happening,” said Mei Fong, author of ‘One Child.’ “What’s happening in the bedrooms in China is actually affecting what’s happening in the rest of the world.”

Watch the video above to find out what caused China’s population decline and how the shrinking population could alter the global economy.

Chapters:
0:00 — Introduction
01:14 — China’s baby problem
04:32 — How the global economy depends on China
05:59 — How India’s a threat to China
07:14 – What’s next?

Produced by: Anuz Thapa
Narration by: Jordan Smith
Graphics by: Jason Reginato
Supervising Producer: Jeff Morganteen

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What China’s Shrinking Population Means For The Global Economy

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The U.S. Is Crazy For Phablets | Tech Bet | CNBC

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At first consumers scoffed at the size, now the mobile line is loved and taken on the name of phablet. What’s the future hold for the outsized smartphone line?
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The Race To Regulate AI

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Some businesses using new artificial intelligence tools have reported big gains in labor productivity. These AI assistants, backed by some of the biggest names in tech, could someday change how work gets done in the U.S. As the technology shuffles up white-collar work in the U.S., some policymakers are pitching ideas like 32-hour work weeks and robot taxes. Meanwhile, other countries are banning high-risk uses of AI in sectors like education and financial services.

Chapters:
0:00 Introduction
01:20 Chapter 1: Productivity and taxes
05:37 Chapter 2: Jobs
07:49: Chapter 3: Regulation

Produced and Edited by: Carlos Waters
Production assistance: Jack Hillyer
Animation: Jason Reginato
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images, U.S. Congress
Additional Sources: The Brookings Institution, New York State Assembly, Nasdaq, National Bureau of Economic Research, New York Stock Exchange, Social Security Administration, TrackBill, White House

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Small Beats On Down Guidance Expected From Yahoo | Tech Bet | CNBC

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Yahoo reports earnings on Tuesday. CNBC’s Dominic Chu and Max Wolff of Manhattan Venture Partners discuss what to expect of its financials and more.
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New Relic CEO: Tech’s Secret Weapon | Mad Money | CNBC

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It is the secret weapon for companies like Under Armour, Airbnb and Dunkin Donuts. Jim Cramer spoke with the head honcho of New Relic.
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Why Kraft Heinz Is Warren Buffett’s Worst Bet

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Nine years after its megamerger, food behemoth Kraft Heinz is facing challenging times amid slumping sales, high inflation, a shift away from processed foods and stiff competition. Despite $27 billion in annual sales, the company must keep innovating if it wants to compete with private-label brands such as Costco’s Kirkland or Wegmans’ various brands which are quickly stealing market share as recent generations value lower prices over loyalty. With a new CEO, a renewed focus on core brands, and Brazilian private equity company 3G out of the picture, majority stakeholder Warren Buffett’s Berkshire Hathaway is betting it can make a comeback. But experts say it could be difficult.

Chapters:
0:00 Introduction
2:01 Chapter 1. A bad deal
7:40 Chapter 2. Turn around?
11:37 Chapter 3. Industry Risks

Produced and shot by: Natalie Rice
Edited by: Evan Lee Miller
Animation by: Christina Locopo, Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Sources: FactSet, Reuters
Additional Footage: Getty, AP Photos, The Kraft Heinz Company

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