CNA Insider | China recorded a drop in population for the first time in six decades, an outcome of its One-Child Policy. It is the first country to “get old before it gets rich.” It is a problem that President Xi Jinping has noted in several speeches. Even if the government is successful in encouraging Chinese citizens to have more babies, it will still face an aging population in the short and medium term. Already, the country is experiencing a shortage of workers in some industries. Could external and internal migration, or even raising the retirement age, be solutions? And if not, can Beijing rely on robots and AI to make up the shortfall?
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