Tackling China's Demographic Crunch

[@-Osiris-]

What doesn't make sense to me is that there is so much anxiety about a shrinking workforce and yet China has millions and millions of unemployed young people. So maybe a shrinking population isn't that bad, there will be less unemployment

[@申莫归]

Because the lives of those aged will have to be paid by those who are employed by taxes or other ways. This will result in a shrink of consumption. Once consumption shrinks, companies make less money, and then they will dismiss employees. That's a cycle.

[@jeungbou]

China is a manufacturing based economy. But no one in China really wants to work in manufacturing. So people learn white collar professions or get university degrees which do not meet the demand of the local labor market and end up being unemployed.

[@wyw876]

The unemployment numbers over there are high bc they have tens of millions of young people that fought off their fellow students to train up to be web programmers, and several million jobs for factory work that only earn 1/10 as much. Thus all the social movements to "let it rot" coming from the hundreds of millions of young and early working aged people who are seeing all of their promised futures shrivel up.

[@yongchen8204]

as of 2024, 40% of young indians dont have a job and 28% of young chinese are unemployed. if demographic is a big problem for china and india, both of countries should have best employment among all countries, yet the reality shows otherwise, chronic massive unemployment and massive unmet basic service. sums up, more working population is good for wall street and their multinational companies because of unlimited cheap slave labors, but it is doom for country like china, india, indonesia and others to deal with chronic uneployment with suppress cheap wage along with never unmet basic needs like healthcare, childcare, daily living standard and affordable housing.

[@Quirkydope]

It's 60% for china 😂😂

[@masterchinese28]

Expat in Shanghai here. United Healthcare is for expatriates with executive packages and rich people.

[@179561520]

@@masterchinese28 not really. Chinese in Shanghai here. I used to be on MSH. The premium was about 1500 rmb/month for both me and my wife. We had access to United Healthcare. It’s for middle class.

[@louistan7560]

This spells bad news for countries dependent on China for global economic growth.

[@2KSnSLifestyle]

China's export is growing every year.

[@okman9684]

​@@2KSnSLifestylewhat are you smoking. China's export yoy is decreasing. Go check some stats

[@2KSnSLifestyle]

@@okman9684 Doesn't matter. China will remain the largest exporter in the world for years to come. Let that sink in.

[@Western_Decline]

China’s population may be shrinking, but it’s middle class is growing. Dig deeper.

[@ssuwandi3240]

@@2KSnSLifestyle Don't hold your breath

[@sivakrishnat5471]

There is no tackling and just live with the new reality.

[@lastChang]

It's indisputable that the Chinese 🇨🇳 population aged the fastest in the world.

[@2KSnSLifestyle]

@@lastChang Aging is universal around the world. The same applies to China. It's a low priority for China.

[@nulnoh219]

I mean, looking at your profile pic, yea...

[@2KSnSLifestyle]

@@nulnoh219 Trying to predict demographic 30 years in the future is fortune telling.

[@bullpup1337]

@@2KSnSLifestyleactually its not. Its pretty clear that in 30 years there will be fewer 30-40 year olds, since there are fewer people below 10 now.

[@eyaswoo1483]

Aging faster? I thought time goes at same pace all over the world.

[@momo_san1980]

Keen on seeing the birth numbers for this year, the year of the dragon

[@blakedullard3455]

Births this year are already on the downside compared to last year.

[@roxbee97abc]

The demand will not pick up because people don't have enough money to pay for the bill.

[@dulio12385]

I remember back in the 90s when people would marvel at China's "discipline" in enforcing the one child policy and that population control was the key to prosperity since fewer people meant fewer resources consumed. Oh how delicious to see that turned on its head.

[@nulnoh219]

What are you talking about, that policy worked didn't it. That policy outlived it's purpose now, and they're trying something else. That's how Governments are supposed to adapt to trends.

[@bryanotieno7106]

Brainwashed

[@Just_do_the_thing]

they were right. when you don't do it, you end up looking like india, which sucks

[@sakshambhadoria9998]

Deep economic anxieties, cultural and social shifts along with the rigourous implementation of one child policy has crippled China's population.

[@blakedullard3455]

China’s own websites like China Daily and Global Times have confirmed their population decline.

[@MagicMiro]

UN calculates 10 mil births per year for 70 years ahead that will count to 700 mil in 2090 which is half of the current population now. Thats calculated with life expectancy of 70 to 80 years. However it will be worse than that because currently there are double more men then women in fertility age.

[@冥王星来客]

Population has never been a problem, distribution is the most important issue in a society.

[@globanxiety]

second most populated country will survive it lol

[@bullpup1337]

sure, but economy might crater

[@Western_Decline]

@@bullpup1337”crater”. Hopium is deep in the western psyche.

[@yongchen8204]

which country's economy now is not crater? they are all at the same boat, except america is still alive because it has the capacity to print paper money out of economic recession,price inflation and depression dur to its universal corrency for everyone else.

[@bullpup1337]

@@yongchen8204 copium. The west is just fine.

[@joshuabonilla3491]

@@bullpup1337almost all western nations are seeming steep population decline other then those that have embraced mass migration but that comes with it own problems.

[@pipiqiqi4010]

there are 4.33 million new births during the first half year of 2024 in China, it is much fewer than the expectation at the beginning of this year. and it is expected that the total new birth number is 8.6 million in whole of this year, it is 0.4 million less than 2023. btw, there were 9.02 million new births in last year.

[@Western_Decline]

yea, but who cares? Western media is hoping this will slow down China’s rise. It’s not.

[@yongchen8204]

you got these four stooges know nothing about china and just regurgitate what they feed them from western brainwashed politicians and news outlet telling china is having demographic problem which will affect china in a negative way. would you please answer why 28% china and 40% india young population are unemployed? more population means a country needs more resource to feed and to house them. who is going to provide them with the daily basic needs, housing, education, employment and foods on the table. it is not from the G7 and definitely it is not from idiotic journalists!

[@Charles-qe7kc]

Where did you get this fake number? There are no official numbers released this year.

[@kennethvenezia4400]

Why are they talking about this now? This man-made demographic problem ship sailed long ago.

[@k1awdttt]

Company sales pitch disguised as information panel on solution to a crisis. I thought Bloomberg got better, but apparently I should have kept my expectation low.

[@CyrusandAurelius]

is this a commercial?

[@thomasrogers9146]

THE CHINESE ARE INTERESTED IN INFINATE ECONOMIC GROWTH. THEY ARE NOT OBSESSED WITH NUMBERS AND THE STOCK MARKET AS AM INDICATOR OF ECONOMIC SUCCESS..THEY ARE FOCUSED ON IMPROVING THE STANDARD OF LIVING FOR THEIR PEOPLE AND MANUFACTURING AND GLOBAL TRADE. THEY HAVE A TRADE SURPLUS OF 100 BILLION DOLLARS A MONTH..

[@HKim0072]

It's pretty silly to do a male female split with this chart because visually, it's impossible to tell the difference. Needs to be an overlay of each other to see the missing females / overpopulation of males.

[@newbiekhyber]

Ask Carl and Minmin how many children they have each? How many does Xi Jinping himself have?

[@dilibau]

Minmin is cute 😱😳

[@phoenix5054]

And still China-stans think that China never overtaking the US is just wishful thinking. 😂

[@Western_Decline]

In the 1980s, 1% of China’s workers entering the workforce had a tertiary degree and most people worked in subsistence farming. In 2024, over 60% have a tertiary education. China may be losing aggregate workers on a nominal basis but it’s human capital is actually significantly stronger today than any previous period.

[@robiplay9409]

We need protection of all humans life from moment of conception.

[@srikanth85in]

Maxmax high

[@pureland2703]

AI will solve this problem.

[@peterschlange1832]

Ai isn't going to make new babies. No citizens, means no country...

[@XtonsProduction]

Western countries have a very high old population thy just feel it with immigrant that is why thy head to keep those countries poor

[@lokesh303101]

Quality Growth.

[@juanmartin1729]

China needs inmigrants 😮.

[@benitzers8858]

true

[@ssuwandi3240]

They have had migrant workers who speak Chinese

[@skfanfanfan]

Needs, Wants, and Accepts are 3 different narratives.

[@kocokan]

Too many ums

[@wiln6854]

higher quality of life is the goal. Not more population.

[@m3drivr]

It is a problem that money cannot solve; it’s the sum of all conditions within the country drive this. The movement of peoples to cities generally drive a lower birth rate due to increased childcare costs. Other factors determine the speed of the decline (social systems, wealth etc.). Quite a few Asian countries have experienced this; Japan, South Korea to name a few. Measures of economic strength are backward looking and only indicate the capacity to attempt to slow it. Look at Japan and S. Korea for example, has it reversed? The answer is no.

[@chopinmack5418]

Don't worry ! China is making huge number of Robots to deal with the labor shortage problems . Complicated surgeries can be carried out by Robots / AI eventually !

[@amunra5330]

China is already turning tackling this issue. There are ports in Northern that are entirely automated. Earlier this year one city deployed autonomous taxi service. While a lot of companies warehouses are completely automatic. Also China started to build factories in Vietnam, Thailand and Laos using these countries manpower China will be fine.

[@dezza00]

while there's 20%+ youth unemployment..sure...China will be fine..

[@ajx9747]

0 child policy 😂😂😂