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2/20/2020

Topic Reading-Vol.2871-2/20/2020


Dear MEL Topic Readers,
Chinese birth rate falls to lowest since PRC was formed
The crude birth rate in a year is the total number of births per 1,000 population. Seven decades ago, the world’s average birth rate was around 37 births per 1,000 total population but now it fell by half to 18.5 now.  
China is the world’s most populous country with over 1.4 billion population. Although its population is still growing, the birth rate has been declining and hit the record low last year since the nation was established 70 years ago. While 14.65 million babies were produced last year, the figure represents a birthrate of 10.48 per 1,000, lower than the US’s 12 but higher than Japan’s eight.
This falling birth rate poses a big concern for China’s social and demographic balance in the future because a fewer number of the young and middle-aged population are going to have to support the senior generation. Is the long-blamed single-child policy to blame? But falling birth rate is a common problem among eastern Asian countries like Japan and Korea.
How the world’s largest population, and also the second-largest economy is going to cope with the timebomb may affect the world economy.
Enjoy reading the article and think about what could have caused the declining birth rate in China.

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