Eleanor Alcott and Sun Yu report from Hong Kong and Beijing
Last year, China’s population declined for the first time in decades, a historic shift that is expected to have long-lasting repercussions for the Chinese and global economies.
The world’s most populous country has long been an important source of labor and consumption, driving economic growth in China and globally.
On Tuesday, China’s National Bureau of Statistics announced that China’s total population will drop by 850,000 in 2022 to 1,411.75 million, the first decline in 60 years.
University of California, Irvine (University of California…