China's Population to Decline by 51 Million, California-Sized Drop, Projected to Reach 1.36 Billion by 2035

Nov 18, 2024, 01:02 PM

China's population is projected to decline by 51 million over the next decade, according to Bloomberg Intelligence. This significant decrease is anticipated to reduce the population to approximately 1.36 billion by 2035, down from a peak of 1.41 billion in 2021. The country is grappling with a population crisis, exacerbated by a falling birth rate and ineffective pro-birth policies. The United Nations has warned that if current trends continue, China's population could shrink to half its current size by 2100. The demographic challenges are expected to have profound economic consequences as policymakers struggle to reverse the trend.