LT demographic headwinds for China (Bus Spect): In less than 16 years time, the country's 700 million working-age people need to support roughly the same...

LT demographic headwinds for China (Bus Spect): In less than 16 years time, the country's 700 million working-age people need to support roughly the same number of old, young and disabled people. By way of comparison, more than 900 million working-age Chinese are looking after 500 million people today. And that is going to change dramatically in the next two decades. What does it mean for the Chinese economy? It simply means that the number of jobs will shrink, the country has to take on more debt, innovation will suffer and mobility within corporations is also set to decline. There is no better example of this than Japan, the once-vibrant economic power house that has been weighed down by its greying population. Full article here: (VIEW LINK)