Makes me wonder whether they’re expecting to lose a significant number of young men for some reason over the next few years as well. Gotta start planning for replacements early.
Honestly I don’t think that is necessary to explain this. China is seeing the same issue as western countries with birth rates way below replacement, but it hardly has any of the immigration that mitigates it for (most of) Europe and North America. It’s not easy for an economy to support an ever-increasing proportion of its population being retirees
Makes me wonder whether they’re expecting to lose a significant number of young men for some reason over the next few years as well. Gotta start planning for replacements early.
Honestly I don’t think that is necessary to explain this. China is seeing the same issue as western countries with birth rates way below replacement, but it hardly has any of the immigration that mitigates it for (most of) Europe and North America. It’s not easy for an economy to support an ever-increasing proportion of its population being retirees