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China's population shrinks for first time since 1960s in seismic shift

China had 1.41 billion people at the end of last year, 850,000 fewer than the end of 2021, according to data released by the National Statistics Bureau on Tuesday

China, Covid-19, Coronavirus
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The labor force is shrinking, long-term demand for houses will fall likely further, and the government may also struggle to pay for its underfunded national pension system

Bloomberg
China’s population started shrinking in 2022 for the first time in six decades, a milestone for the world’s second-largest economy, which is facing an increasingly serious demographic crisis.
 
China had 1.41 billion people at the end of last year, 850,000 fewer than the end of 2021, according to data released by the National Statistics Bureau on Tuesday. That marks the first drop since 1961, the final year of the Great Famine under former leader Mao Zedong.

Some 9.56 million babies were born in 2022, down from 10.62 million a year earlier, the lowest level since at least 1950, despite efforts