hina has become the world’s factory and an economic powerhouse in large part because of its massive supply of labor. But what happens when this labor force gets too old to work and there aren’t enough workers?
The World Bank has pointed out that China now has the fastest-aging population in the world, and of course, the largest. Government media outlet Xinhua points out that, “at the end of 2014, there were 212 million Chinese, or 15.5 percent of the population, aged 60 or above. This is expected to increase by around ten million every year.”
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