The birthrate in China hit its lowest point in 70 years during 2019.
“The lesson from other East Asian countries is that once the birth rate declines, it’s hard to get back up,” economist Julian Evans-Pritchard said, according to The Wall Street Journal. “China’s going to have to get used to a continuous drag on growth from shrinking employment.”
2019 was the third consecutive year where births overall fell, with about 14.65 million babies born. (RELATED: China’s Two-Child Policy Is Just Another Power Move For A Totalitarian Regime)
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