An aerial view of farmers planting rice in a paddy in Hai’an in Jiangsu province. Despite concerns about an ageing population, China has a sizeable rural workforce that can migrate into modern sectors and help offset a potential labour shortage. Photo: AFP An aerial view of farmers planting rice in a paddy in Hai’an in Jiangsu province. Despite concerns about an ageing population, China has a sizeable rural workforce that can migrate into modern sectors and help offset a potential labour shortage. Photo: AFP
An aerial view of farmers planting rice in a paddy in Hai’an in Jiangsu province. Despite concerns about an ageing population, China has a sizeable rural workforce that can migrate into modern sectors and help offset a potential labour shortage. Photo: AFP
Chen Zhao
Opinion

Opinion

The View by Chen Zhao

Three reasons China’s shrinking population won’t slow the economy

  • Population growth is almost irrelevant to economic growth for a developing country
  • Besides, China has millions of rural workers, who can partially offset any potential labour shortage. It also has the option of raising the retirement age

An aerial view of farmers planting rice in a paddy in Hai’an in Jiangsu province. Despite concerns about an ageing population, China has a sizeable rural workforce that can migrate into modern sectors and help offset a potential labour shortage. Photo: AFP An aerial view of farmers planting rice in a paddy in Hai’an in Jiangsu province. Despite concerns about an ageing population, China has a sizeable rural workforce that can migrate into modern sectors and help offset a potential labour shortage. Photo: AFP
An aerial view of farmers planting rice in a paddy in Hai’an in Jiangsu province. Despite concerns about an ageing population, China has a sizeable rural workforce that can migrate into modern sectors and help offset a potential labour shortage. Photo: AFP
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