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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Tech
How China came to dominate the global EV factory boom
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Chapter 1: What is happening – 01:18
Chapter 2: Why this matters – 03:05
Chapter 3: The future – 06:00
CREDITS:
Produced by: Robert Ferris
Shot and edited by:
Additional Editing: Darren Geeter
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, AP
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How China came to dominate the global EV factory boom
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Perplexity CEO Aravind Srinivas joins to discuss the company’s new orchestrator model, why he’s building on open-source Chinese AI, and his argument that “token value per watt” may decide the next phase of competition.
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Together, the conversations get at one big question: in AI’s next race, will the winners be defined less by model access and more by cost, control and compute?
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AI’s Next Race: Cost, Control, and Compute
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Credits
Reporter: Matt Peterson
Produced and Edited by: Carlos Waters
Camera by: Charlotte Morabito
Animation: Jason Reginato
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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CREDITS:
Reporter
Emily Wilkins
Produced by
Macklin Fishman
Additional Production
Karen James Sloan
Shot by
Mickey Todiwala, Fred Soffa
Edited by
Andrea Miller, Darren Geeter
Animation
Jason Reginato, Emily Park
Senior Managing Producer
Shawn Baldwin
Additional Footage
Getty Images
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