Chinese mothers gave birth to 10.62 million babies in 2021, an 11.5 per cent fall from 2020. Photo: AFP
Chinese mothers gave birth to 10.62 million babies in 2021, an 11.5 per cent fall from 2020. Photo: AFP

China population: urbanisation offers ‘huge’ source of untapped labour and consumption

  • As China’s fertility rate falls and its population becomes increasingly older, dwindling consumption presents ‘a brand new challenge that China has never faced before’
  • With a middle class of about 400 million people, China is increasingly trying to tap into its domestic market to help drive economic growth

Chinese mothers gave birth to 10.62 million babies in 2021, an 11.5 per cent fall from 2020. Photo: AFP
Chinese mothers gave birth to 10.62 million babies in 2021, an 11.5 per cent fall from 2020. Photo: AFP
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