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China’s demographic retreat and its implications

Beijing [China], February 28 (ANI): The changing population dynamics will affect the Asian giant’s economy in the years ahead, reported Europe-Asia Foundation.
The biggest problem which China would face in future is a declining workforce, which is likely to drop to 700 million by 2050 from a peak of 925 million in 2011.
A glut of the labour force is already visible in the country both in the rural and urban areas. The fal