The implications of China’s aging population to the nation and the world

Lashkova, Ekaterina

Population changes have been identified as among the global challenges in recent decades. While advanced economies have experienced an ageing population, underdeveloped economies have witnessed a surge in the birth rate. Arguably, this issue has been a Chinese issue since the second half of the twentieth century. Against this backdrop, this bachelor thesis tries to assess the dynamics and implications of the size and age structure of the Chinese population within the country and the World. Secondary data was obtained from reputable sources for the analysis. Using a descriptive approach, the findings show that China's ageing population brings opportunities and difficulties for the country and the rest of the world. There are chances for innovation and growth in industries like elder care and technology, although there are enormous economic and societal challenges, such as a diminishing workforce and growing healthcare expenditures. The demographic trends in China also affect the rest of the world, especially in East Asia, where ageing populations are a common worry. Ultimately, this thesis helps us better comprehend how China's ageing population affects the country and the rest of the world. It emphasizes the requirement for legislative actions to address the problems and seize the changes by demographic shifts.

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