Shanghai 020Aging, one of China’s problems

Even China’s mostly optimistic People’s Daily, the Communist Party newspaper, admits the country has a problem with its demographics, after the results of the latest census appeared. Huge imbalances are China’s largest problem, tells Zhang Juwei in MSNBC, no longer overpopulation.

“China doesn’t have overpopulation pressure,” said Zhang Juwei, the deputy chief of the Population and Labor Economics Institute at the Chinese Academy of Social Sciences.  “A structural imbalance is the real problem we’re facing.”
By that, Zhang means a whole host of problems that the one-child policy has engendered.

zjwpic3Image by Fantake via Flickr
Zhang Juwei

Key findings of the new census confirmed Zhang’s points, even prompting the official Communist Party newspaper, the People’s Daily, to say “a crisis looms” and giving rise to a catchphrase found in much of the Western media coverage, that “China will grow older before it gets richer.”

More in MSNBC.

Zhang Juwei is a speaker at the China Speakers Bureau. When you need him at your meeting or conference, do get in touch.

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