A man walks through the Lujiazui financial district in Pudong, Shanghai. China's GDP growth slowed from 9.5 per cent in 2011 to 6.6 per cent in 2018. The slowdown can be blamed on a variety of factors, but the first and probably most important is that China is getting older. Photo: Reuters
Yi Fuxian
Opinion

Opinion

Yi Fuxian

Why ageing China won’t overtake the US economy as the world’s biggest – now or in the future

  • Growth trajectories must take into account that China is ageing faster than the US. The experiences of Japan, Taiwan and South Korea bear out the correlation between growth and demographics, and economists optimistic about China’s growth prospects should take note

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A man walks through the Lujiazui financial district in Pudong, Shanghai. China's GDP growth slowed from 9.5 per cent in 2011 to 6.6 per cent in 2018. The slowdown can be blamed on a variety of factors, but the first and probably most important is that China is getting older. Photo: Reuters
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