In its frenzied pursuits of wealth and power China perhaps is causing too much damage to its own economy and the global trade ecosystem. (Representative image) China is possibly going to encounter a series of social and economic challenges in the near future. First is the social menace that is unravelling behind the garb of China’s economic miracle: its ageing population. Dealing with ageing is first and foremost a quality-of-life issue, but it also has economic implications. Current statistics suggests more than 17.5% of its people are already 60 years of age in 2021 (bit.ly/37FB3n1), and will surpass 25% […]
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