Thursday, 20 September 2012

Consumer demographics - China and her ageing population

Found this superb article on China by the BBC:

China's population is ageing. By 2050 more than a quarter of the population will be over 65 years old and younger generations face an unprecedented burden of care.

In the late 1970s and early 1980s, the government advocated a "later, longer, fewer" lifestyle, encouraging people to marry later, have wide gaps between children and fewer children overall. It also instated the controversial one-child policy. These were attempts to curb population growth in a bid to help modernise the economy.

Chinese women are having fewer children, but having a smaller generation follow a boom generation - and longer life expectancies - means that by 2050, it is expected that for every 100 people aged 20-64, there will be 45 people aged over 65, compared with about 15 today.



For the full feature visit:

http://www.bbc.co.uk/news/world-asia-19630110

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