Monday, June 13, 2016
The shrinking Chinese workforce. India will soon outgrow China
China is a country in transition. Not only is the shape of the economy rapidly changing but so is the number of it workforce.
As you can see the number of workers is falling and will do for the foreseeable future.
All the fault of its rapidly ageing demographics
The implications of China's population growth slamming to a halt is that it will soon start to be overtaken by India.
We live in interesting time as relative economic power of the two nations changes, driven by the engine of demographics.
All the more reason why marketers should understand the subject. Dick Stroud