How China’s shrinking population is making it less competitive

From FastCompany

In his latest book, not yet published in English, Trip.com founder and author James Liang sounds the alarm and calls for new government policies to encourage larger families.

[Photo: vasiliki/Getty Images]

China today is a tech giant, in large part because it is a giant. The country is home to the world’s largest population of capable young tech workers, all potential innovators. But China’s shrinking and aging population is on course to halve by the year 2100, while its median age is projected to climb by 18 years, from 39 to 57. Nearly every industrialized country is aging and shrinking, but China’s “demographic decay” is occurring faster.

Reporting from the front lines, one of China’s top tech entrepreneurs warns that China’s innovation dominance may be nearing its end.

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