Wednesday, 18 January 2023

China’s population fell in 2022 | First time since 1961

Births in China dropped 10% in 2022, to 9.56 million
Surely major news. The fall in 1961 was because of widespread famine, caused by Mao Tse-tung’s disastrous Great Leap Forward policy. Today the fall is structural. And long-term. A historic year that marks the beginning of a long decline in population, maybe irreversible. With China about to get old before it gets rich. 

Observers like Peter Zeihan have been predicting this for some time, and indeed claim that the fall is much greater. China, he says, has been reporting a population 100 million higher than it actually is. Though how he knows this is not clear to me. Due to this decline, says Zeihan, China now has an inverted population pyramid, so not enough young to produce what’s needed by the older nor enough to support the eldest. He gives the Chinese regime ten years or less. This may be analysis by wishful thinking, as China has consistently confounded cynics. As a certain man would say “we’ll see”.