Wednesday, September 29, 2010

China's Demographic Inflection Point

Roubini Global Economics analyst Adam Wolfe writes:

China's population will reach an inflection point in 2011: The increase in retirees will start to outpace that in the labor pool. When the “demographic dividend” of a declining dependency ratio stops paying out, the relative price of labor will rise, the household savings rate will begin to decline and Chinese investment will decelerate.
More here.

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