Source: China – South China Morning PostA demographic crisis arising from China’s unprecedented low number of newborns is being compounded by an elderly population that is ageing faster than ever, and experts warn that this might be an irreversible trend that could result in older people being relied on to drive consumption and even fill the labour pool.Mothers in China gave birth to just 10.62 million babies last year, an 11.5 per cent drop from 2020, which contributed to an overall population increase of just 480,000, while the…Read More