this post was submitted on 03 Apr 2024
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A slowing economy, shrinking government benefits and a decades-long one-child policy have created a creeping demographic crisis in Xi Jinping's China.

The pension pot is running dry and the country is running out of time to build enough of a fund to care for the growing number of elderly. 

Over the next decade, about 300 million people, who are currently aged 50 to 60, are set to leave the Chinese workforce. This is the country's largest age group, nearly equivalent to the size of the US population. 

Who will look after them? The answer depends on where you go and who you ask.

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[–] BuryMyHorse@lemmy.world 6 points 7 months ago

I guess Covid19 was a prequel, it did seem to "solve" some demgraphic problems.

Like, humans are a problem to be solved smh

[–] wintermute_oregon@lemm.ee -5 points 7 months ago (2 children)

as he's fallen through a weak social safety net.

Interesting. I always thought China as a communist country had a strong safety net.

[–] CluckN@lemmy.world 2 points 7 months ago (1 children)

The iPhone factory nets could’ve used some reinforcing