Indicators
China Population Shrinks for Third Year Even With More Babies Born
- Decline comes despite more babies born in Year of the Dragon
- Shrinking workforce risks putting a strain on long-term growth
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China’s population shrank for the third straight year in 2024, even though births rose slightly, underscoring a persistent long-term risk for the economy.
The total number of people in China fell by over 1.39 million to 1.408 billion last year, according to data released by the National Statistics Bureau on Friday.