China’s doom loop: Smaller, older population could spur global slowdown

1 of 2 | The percentage of young people is positively linked to entrepreneurial activities, so an aging population hampers the dynamism of the economy and contributes to slower economic growth. File Photo by Stephen Shaver/UPI | License Photo Feb. 13 (UPI) — China has announced that in 2023 its population declined from 1.4118 to 1.4097 billion people. Forecasting by the United Nations suggests China’s population will dip to 1.313 billion by 2050 and then down to about 800 million by 2100. This is a significant change and will have ramifications well beyond its borders. There are two trends that…