Ageing Population

Party like it's 2007 again? Don't hold your breath

Our bleak future

Five years after the global financial crash, it is perhaps not surprising that so many regional bosses (and economists, who should know better) are clawing for evidence that recovery is close at hand.

Wednesday, 26 March, 2014, 11:57pm

Experts' views on Tsang’s budget

Tsang backed the housing policy, but Wu Boxiong says it is stiffling the market. Above, the Wah Fu Estate in Po Fu Lam, which Chief Executive Leung Chun-ying marked for redevelopment in his 2014 address.

Wu Boxiong, associate professor of economics at Hong Kong Baptist University.


Q: What do you make of Tsang’s decision to trim sweeteners by at least 30 per cent from the HK$33 billion doled out last year, and his warning that the city’s more than HK$700 billion financial reserves could dry up due to the ageing population?

26 Feb 2014 - 4:20pm 2 comments

IPO hopeful's business is built on a dead certainty: hundreds of millions of Chinese will die one day

One of the properties run by Fu Shou Yuan, in Shanghai, from where the company has expanded across the mainland. Photo: SCMP

Before Santa Claus visits Hong Kong this Christmas, a mainland firm in the “death care” business aims to go public in the city, offering investors the gift of a rare opportunity to make some quick cash, bankers say.

4 Dec 2013 - 3:59am

Chinese researcher's story reflects country's ageing problems

Zhao says sons are less reliable in providing care for their ageing parents than daughters, who tend to be more caring. Photo: Jeanette Wang

Zhao Yaohui has been working out of her office at Peking University's National School of Development for almost a decade, and it shows.

13 Jun 2013 - 11:15am

Queues at first centre offering to register wills or help draft them

Queues at first centre offering to register wills or help draft them

More than 100 elderly people visited a will registration office in Beijing's Xicheng district yesterday a day after it opened, Chen Kai, co-founder of the Beijing Sunny Senior Health Foundation, said.

23 Mar 2013 - 5:35am

China's one-child policy must be changed before it's too late

China's one-child policy must be changed before it's too late

Thanks to longer life expectancy and the one-child policy, for well over a decade China's fertility rate has remained below replacement levels. According to the US National Institute on Ageing, the number of elderly aged 65 and above in China will grow from 110 million in 2011 to 330 million by 2050.

23 Mar 2013 - 2:55am 2 comments

Middle-aged women being overlooked in the workplace

A social enterprise at CUHK, where middle-aged women manage a canteen and learn about business management skills. Photo: May Tse

The government appears to be taking the issue of our ageing population seriously, with Financial Secretary John Tsang Chun-wah making it a focus of his latest budget report. Policy debate seems to concentrate on two areas - reversing the low fertility rate of young women and addressing the burden of the elderly currently living in poverty. Both are critical problems that need fixing, fast.

15 Mar 2013 - 5:06am 1 comment

Public asked for views on how to deal with Hong Kong's ageing population

There will be only two people of working age to support one elderly person by 2040 in Hong Kong and Germany. Photo: Felix Wong

The views of Hongkongers are to be sought on ways to tackle problems posed by the city's ageing population. The consultation may cover questions over imported labour and the role of mainland parents' babies.

12 Mar 2013 - 7:53am

Ageing population tops Tsang's budget agenda

John Tsang and his team present the budget report. Critics said it was too conservative and offered little short-term relief. Photo: Felix Wong

Financial Secretary John Tsang Chun-wah turned his sights to the future in his sixth budget. He pledged to deal with the financial challenges posed by an ageing population while offering a HK$33 billion package of one-off fiscal relief measures.

28 Feb 2013 - 5:47am 2 comments

Zhejiang woman 'abandons' second child to avoid fines

Chen gave her daughter away to  a relative, who later claimed to have found her at their doorstep. Photo: Weibo

A woman in China’s eastern Zhejiang province ''abandoned" her recently-born second child, a two-month-old baby girl, only to ''adopt'' her later - hoping to avoid fines from birth control authorities, Zhejiang based Qianjiang Evening News reported on Friday.

8 Feb 2013 - 3:50pm

Hong Kong should take its cue from Singapore for a sound population policy

Illustration: Craig Stephens

Both Singapore and Hong Kong share very similar population characteristics: a rapidly ageing population and very low fertility rates. Both worry about the negative impact of a shrinking workforce with an ageing society.

7 Feb 2013 - 2:41am 15 comments

Ageing mainland faces challenges

Pension and health-care costs may pose the biggest financial risks to the mainland government as the population ages. Photo: Bloomberg

A nursing home located near a diplomatic area in Beijing cares for 26 people aged between 60 and 92.

4 Feb 2013 - 4:16am

China Bio-Med unlocking growth in a greyer future

China Bio-Med chairman Oscar Wong. Photo: Dickson Lee

An ageing population may present challenges for society at large, but for companies involved in the health care business it means growing opportunities.

4 Feb 2013 - 2:50pm

Singapore's bid to start baby boom

Singapore is going to need a baby boom to solve the problem of its ageing population. Photo: AFP

Singapore Prime Minister Lee Hsien Loong is cranking up a national debate on babies this month, with proposals to Parliament that would attempt to stem the country's slumping birth rate. Penelope Sim isn't listening.

28 Jan 2013 - 6:02am