flatreader

China Population Set for 51 Million Drop as Pro-Birth Moves Fail

An anonymous reader shares a report: China's population is expected to shrink by 51 million -- more than the size of California -- over the next decade as policymakers struggle to reverse the country's falling birth rate, according to Bloomberg Intelligence. By 2035, the population is expected to drop to 1.36 billion, levels not seen since 2012, down from a peak of 1.41 billion in 2021, BI senior industry analyst Ada Li estimates. There could be a temporary spike in births in 2024 as the Year of the Dragon is considered an auspicious time to have children. But past single-year surges in birth rates have been short-lived, and this year may be no exception, especially with marriage rates at an all-time low, Li said. China faces a looming population crisis, with the United Nations projecting it could shrink to half its current size by 2100.