Struggling Chinese Economy and Demographic Challenges

The Chinese economy has suffered greatly over the past year, with declining trade, foreign investment, and a struggling housing market. The economy is also facing deflation, leading to an increasing debt burden. Moreover, China is grappling with a devastating demographic challenge due to the one-child policy. The population aged 65 and above has risen from 5% in 1990 to 14% today and is predicted to reach 30% by 2050. China could lose 7 million working-age adults per year by the next decade, while its population is expected to shrink by half by the 22nd century.