China, the other side

Nearly 15 percent of China’s population is now over 60 years old. China now has 119 million who are over 65 and of the 119 million around 33 million are disabled or partly disabled. By 2014, three years from now, China will be the only country on the face of the planet with 200 million elderly people. By 2050, because of low fertility and high life expectancy, three out of ten Chinese will be 60 or older. China is aging and aging fast-that means a large dependent, economically non-productive population. That’s bad news for future economic growth.

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