Worse Than Japan: China Unable to Deal With Aging Crisis

Worse Than Japan: China Unable to Deal With Aging Crisis
Students walk outside a school after finishing the National College Entrance Examination, known as "gaokao," outside a school in Wuhan in central China's Hubei Province on July 8, 2020. STR/AFP via Getty Images
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News Analysis

In order to save itself from the aging crisis, China needs to increase the number of young workers or increase the education and productivity of its current workers. Either policy would be very costly and could take decades to pay off.

Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
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