China Census data coming in: biggest problem is ageing.

Population increase - another Australia every two years,  
but also ten times Australia’s population are elderly
Map at the link is interactive 

China’s population is ageing at an alarming rate. In 2010 there were ten workers for every retired person. In 2020 there were only five. And in a few decades it will be down to 2-1. That’s a massive projected burden on the economy, a huge headache for the government expected to cost in trillions in elderly support. 

Another headache is the move,met of people from the north east and central China to the eastern and southern provinces. That’d be right in our doorstep here in Hong Kong. 

For those projecting a clear run for China’s booming economy and its influence in world affairs, these trends are going to be potholes on the road, at the very least..They are hugely important macro trends. 

Story at SCMP