China’s Elderly Will Overwhelm The Nation

From Los Angeles Times:

For three decades China’s helped power this nation’s economic rise. With fewer mouths to feed, families saved. Poverty fell. Living standards improved.

But a social experiment that worked well in some respects is now threatening the country’s hard-won gains. China’s working-age — the engine behind its prolific growth — will start shrinking within a few years.

Meanwhile, the ranks of are projected to soar. By the middle of this century, fully a third of China’s population will be age 60 or older, compared with 26% in the United States. China’s projected 438 million senior citizens will outnumber the entire U.S. population.

July 6, 2009, 12:45 AM
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Categories: Society