Dip in birth rate to hamper China's workforce in coming years
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Although China's economy looks comparatively strong in the short term, the country however is losing out demographically, as there have been several indications that fewer babies were born in the country in 2020 than in any year since 1961, when it suffered mass starvation. According to WSJ survey of demographers and economists, a median estimate of 15% drop in 2020 births from 14.65 million in 2019 was recorded.