Tech
What China’s Shrinking Population Means For The Global Economy
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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Produced by: Katie Tarasov
Edited by: Darren Geeter
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Getty Images, Nvidia, AMD
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The Navy Exchange, which is owned by the U.S. government, has long provided discounted, tax free goods to military members and their families. The profits all go back to helping to improve welfare programs for those enrolled in the Navy, but, in recent years, sales have declined and is now in the process of renovating its stores with planned investments of around $100 million across its fleet of stores to better compete with major e-commerce players.
Produced and Shot by: Ryan Baker
Edited by: Darren Geeter
Additional Camera by: Magdalena Petrova
Reporter: Gabrielle Fonrouge
Animation by: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, Nexcom
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Grocery stores like Kroger are using AI to help find value for perishable food that would otherwise end up in the trash. The data being generated by Flashfood and companies like it are giving retailers insights into consumer behaviors like showing what products will sell, at what price and at what point they are in their shelf life. CNBC’s Brandon Gomez looks into this growing technology.
Produced, Shot and Edited by: Natalie Rice
Reporting by: Brandon Gomez
Animation: Jason Reginato, Christina Locopo
Senior Director of Video: Lindsey Jacobson
Additional Footage: Flashfood, Getty Images
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The main demand signal for artificial intelligence looks explosive on paper, but it may be significantly overstated. Token consumption, the basic unit of AI usage, is becoming a distorted metric. Companies like Shopify and Meta have created internal “tokenmaxxing” leaderboards that track how many tokens employees use, and Nvidia CEO Jensen Huang said engineers should be spending half their salary on tokens. But token demand is what the entire AI investment cycle is built on, and that demand number may not be real. CNBC’s Deirdre Bosa shares her perscpective on why Anthropic, by pricing its tools for that reality, might be the best positioned AI company if a correction comes.
Anchor and Columnist: Deirdre Bosa
Produced by: Jasmine Wu
Additional Production: Drew Troast
Edited by: Matt Soto
Animation: Emily Park
Senior Director of Video: Jeniece Pettitt
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AI Demand Is Overstated — Only Anthropic Is Being Realistic
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Reporting by: Robert Ferris
Editing and Camera: Darren Geeter
Additional Camera: Natalie Rice
Senior Director of Video: Jeniece Pettit
Additional Footage: Getty Images, Stellantis, Toyota
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