Albert Park: How to Cope with Population Aging in China
China boasts the most spectacular sustained economic growth in world history. But there is a fly in the ointment. It also has the world’s largest elderly population. As a consequence of its one-child policy, its share of the population aged 60 and over will spike alarmingly from 12% in 2010 to 34% in 2050, creating a tremendous socioeconomic burden for[Read More…]