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.
Wednesday, September 29, 2010
China's Demographic Inflection Point
Roubini Global Economics analyst Adam Wolfe writes:
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