Please ensure Javascript is enabled for purposes of website accessibility Time is running out for China to prepare its economy for a ‘great demographic unknown’ | #scams | #elderlyscams – Active Lifestyle Media

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Elderly ScamsTime is running out for China to prepare its economy for a ‘great demographic unknown’ | #scams | #elderlyscams

Time is running out for China to prepare its economy for a ‘great demographic unknown’ | #scams | #elderlyscams


For context, with 13.5% of its people now aged 65 or above, China has as many elderly people as Japan in the early 1990s — the beginning of three lost decades of economic stagnation for that nation. But China’s current GDP per capita — a broad measure of a country’s standard of living — is just $10,504, compared to Japan’s $31,465 in 1992, according to World Bank data.



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